Showing 1 - 10 of 96
This paper develops a model in which the interaction of entrepreneurial investments and power of the owners of land or other natural resources determines structural change and economic development. A more equal distribution of natural resources promotes structural change and growth through two...
Persistent link: https://www.econbiz.de/10010261348
collateralizable housing wealth in a region delays chains' entry into franchising by 0.28 years on average, 9 percent of the average …
Persistent link: https://www.econbiz.de/10010328771
We study (energy) markets with dirty incumbents and costly entry by clean producers. For intermediate entry costs, the … market outcome exhibits inefficient production and inefficient entry. A policy mix of three popular regulatory instruments …
Persistent link: https://www.econbiz.de/10010352347
We examine immigrant entrepreneurship and the survival and growth of immigrant-founded businesses over time relative to native-founded companies. Our work quantifies immigrant contributions to new firm creation in a wide variety of fields and using multiple definitions. While significant...
Persistent link: https://www.econbiz.de/10011584896
, the licensee's entry into the final products market, although increases the competition and the cost that the licensor … faces, it reinforces, instead of weakens, the licensing incentives. Furthermore, the licensee's entry augments the positive …
Persistent link: https://www.econbiz.de/10011615871
framework, the original innovator’s equilibrium exclusivity contracts block subsequent efficient entry even if there is (leader …
Persistent link: https://www.econbiz.de/10011657133
We test for the distributional effects of regulation and entry in the mobile telecommunications sector in a highly …. Next, we use a demand and supply equilibrium framework to simulate prices and the distribution of welfare without entry and … mobile termination rate regulation. We find that regulation benefits consumers significantly more than entry does, and that …
Persistent link: https://www.econbiz.de/10012052809
The relationship between competition and performance-related pay has been analyzed in single-principal-single-agent models. While this approach yields good predictions for managerial pay schemes, the predictions fail to apply for employees at lower tiers of a firm's hierarchy. In this paper, a...
Persistent link: https://www.econbiz.de/10010264481
formalizes the underlying interaction of risk, fixed export costs and firms' market entry decisions based on techniques known …
Persistent link: https://www.econbiz.de/10010276621
In this paper we study the behavior of rivals when there is a known probability of imminent entry. Experimental markets … are used to collect data on pre- and post-entry production when there is an announced time of possible entry; some markets … experience entry and other do not. In all pre-entry markets competition is more intense. Post-entry behavior in all markets is …
Persistent link: https://www.econbiz.de/10011451471