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Imperfect transmission of tacit knowledge and other barriers to entrepreneurship
Kanniainen, Vesa; Poutvaara, Panu - 2007
This paper identifies several distortions which create barriers to entrepreneurship. First, in addition to the innate … entrepreneurship. Third, inefficiencies in the transmission of tacit knowledge between generations of entrepreneurs can arise: with … access to within-family ownership transfer, the outside market for entrepreneurship operates as a lemon's market. This …
Persistent link: https://www.econbiz.de/10010264173
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A General Equilibrium Theory of Occupational Choice Under Optimistic Beliefs About Entrepreneurial Ability
Dell'Era, Michele - 2019
returns to entrepreneurship compared to average wages … to entrepreneurship, and output. The calibration shows that optimism can explain the empirical puzzle of the low mean …
Persistent link: https://www.econbiz.de/10012892272
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Identity and entrepreneurship
Falck, Oliver; Heblich, Stephan; Lüdemann, Elke - 2009
We incorporate the concept of social identity into a stylized model of occupational choice and analyze whether an individual's identity affects his or her decision to become an entrepreneur. We argue that an entrepreneurial identity results from an individual's socialization. This could be...
Persistent link: https://www.econbiz.de/10010273805
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Pricing Pollution
Mideksa, Torben K. - 2020
I examine a policy-making game among countries that must choose both a policy instrument (e.g., a tax or a quota) and its intensity (i.e., the tax rate or the quota level) to price pollution. When countries price pollution non-cooperatively, they not only set the intensity inefficiently, they...
Persistent link: https://www.econbiz.de/10012834363
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Morality, Altruism, and Occupation Choice : Theory and Evidence
Dhami, Sanjit; Wei, Mengxing; Mamidi, Pavan - 2022
We consider a private sector job that offers high-powered incentives and two public sector jobs that produce an identical public good, but only one of them offers opportunities for corruption. Our theoretical predictions relate occupation and effort choices, in these three jobs, to preferences...
Persistent link: https://www.econbiz.de/10014264441
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Age-Specific Entrepreneurship and PAYG Public Pensions in Germany
Heer, Burkhard - 2020
We present new empirical evidence on the distribution of earnings, income and wealth among entrepreneurs in Germany. We document that both earnings and income are more concentrated among entrepreneurs than among workers and describe a large-scale overlapping-generations model that can replicate...
Persistent link: https://www.econbiz.de/10012827665
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Does Emigration Drain Entrepreneurs?
Anelli, Massimo - 2020
Emigration of young, motivated individuals may deprive countries-of-origin of entrepreneurs. We isolate exogenous variation in a large emigration wave from Italy between 2008 and 2015 by interacting diaspora networks with economic pull factors in destination countries, and find that larger...
Persistent link: https://www.econbiz.de/10012829325
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Strategic Limitation of Market Accessibility : Search Platform Design and Welfare
Teh, Chris; Wang, Chengsi; Watanabe, Makoto - 2023
This paper explores the relationship between market accessibility and various participants’ welfare in an intermediated directed-search market. For a general class of meeting technologies, we provide a necessary and sufficient condition under which efficiency requires imperfect accessibility,...
Persistent link: https://www.econbiz.de/10014347824
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The Competitive Effects of Declining Entry Costs Over Time : Evidence from the Static Random Access Memory Market
Liu, An-Hsiang - 2020
We focus on the estimation of market entry costs that are declining over time and evaluate their impact on competition and market performance. We employ a dynamic oligopoly model in which firms make entry, exit, and production decisions in the presence of declining entry costs and learning by...
Persistent link: https://www.econbiz.de/10012822507
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Exchange Competition, Entry, and Welfare
Cespa, Giovanni - 2019
We integrate a market microstructure model with an exchange competition model with entry in which exchanges supply technological services that enhance market participation, and have market power. We find that technological services can be strategic substitutes or complements in platform...
Persistent link: https://www.econbiz.de/10012892152