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Survival Strategies under Sanctions: Firm-Level Evidence from Iran
Cheratian, Iman; Goltabar, Saleh; Farzanegan, Mohammad Reza - 2022
Given the importance of firm strategic management in time of crises, this study investigates Micro, Small, and Medium Enterprises (MSMEs) survival strategies during the international sanctions against Iran. Using data from a questionnaire of 486 firms between December 2019 to September 2020, we...
Persistent link: https://www.econbiz.de/10013177602
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Social Networks, Ethnicity, and Entrepreneurship
Kerr, William R.; Mandorff, Martin - 2016
We study the relationship between ethnicity, occupational choice, and entrepreneurship. Immigrant groups in the United … entrepreneurship. Empirical evidence from the United States supports our model’s underlying mechanisms. …
Persistent link: https://www.econbiz.de/10011584910
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Do entrepreneurs matter?
Becker, Sascha O.; Hvide, Hans K. - 2013
In the large literature on firm performance, economists have given little attention to entrepreneurs. We use deaths of more than 500 entrepreneurs as a source of exogenous variation, and ask whether this variation can explain shifts in firm performance. Using longitudinal data, we find large and...
Persistent link: https://www.econbiz.de/10010291523
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Credit Supply Shocks and Firm Dynamics: Evidence from Brazil
Bazzi, Samuel; Muendler, Marc-Andreas; Oliveira, Raquel F. - 2023
We explore how financial constraints distort the entry decisions among otherwise productive entrepreneurs and limit growth of promising young firms. A model of liquidity-constrained entrepreneurs suggests that the easing of credit constraints can induce more entry of firms with greater long-run...
Persistent link: https://www.econbiz.de/10014469828
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Labour Costs and the Decision to Hire the First Employee
Cockx, Bart; Desiere, Sam - 2023
Firms without paid employees account for up to 80% of all firms, but only a small minority ever hires. This paper investigates the relationship between labour costs and the decision to hire a first employee and become an employer. Leveraging a unique policy in Belgium that permanently reduced...
Persistent link: https://www.econbiz.de/10014377400
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Labour Costs and the Decision to Hire the First Employee
Cockx, Bart; Desiere, Sam - 2023
Firms without paid employees account for up to 80% of all firms, but only a small minority ever hires. This paper investigates the relationship between labour costs and the decision to hire a first employee and become an employer. Leveraging a unique policy in Belgium that permanently reduced...
Persistent link: https://www.econbiz.de/10014356485
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Unpacking Economic Uncertainty — Measuring the Firm, Sector and Aggregate Components
Mohades, Siavash; Piccillo, Giulia; Treibich, Tania - 2024
We introduce a novel method for measuring economic uncertainty at the firm, sector, and aggregate levels using sales volatility and validate it by comparison with existing macroeconomic uncertainty measures. We use Compustat firms data in the period 2000-2022 to construct our uncertainty...
Persistent link: https://www.econbiz.de/10014534290
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Globally Engaged Firms in the Covid-19 Crisis
Constantinescu, Cristina; Fernandes, Ana Margarida; … - 2022
This paper analyzes the initial impact and recovery of globally engaged firms from the COVID-19 crisis. It uses rich … globally engaged firms is their heightened response to the crisis by finding novel ways to adapt supply chains even in the …
Persistent link: https://www.econbiz.de/10013266676
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Opportunity versus Necessity Entrepreneurship: Two Components of Business Creation
Fairlie, Robert W.; Fossen, Frank - 2018
A common finding in the entrepreneurship literature is that business creation increases in recessions. This counter …-cyclical pattern is examined by separating business creation into two components: “opportunity” and “necessity” entrepreneurship … entrepreneurship, there are many challenges to creating a definition that is both objective and empirically feasible. We propose an …
Persistent link: https://www.econbiz.de/10011794193
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The Cultural Roots of Firm Entry, Exit, and Growth
Erhardt, Katharina; Haenni, Simon - 2021
Can culture explain persistent differences in economic activity among individuals and across regions? A novel measure of cultural origin enables us to contrast the entrepreneurial activity of individuals located in the same municipality but whose ancestors lived just on opposite sides of the...
Persistent link: https://www.econbiz.de/10012657904