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Entrepreneurship, Economic Conditions, and the Great Recession
Fairlie, Robert W. - CESifo - 2013
opportunities in the wage/salary sector leaving the net effect on entrepreneurship ambiguous. The most up-to-date microdata … entrepreneurship at the individual level to shed light on this question. Regression estimates indicate that local labor market … conditions are a major determinant of entrepreneurship. Higher local unemployment rates are found to increase the probability …
Persistent link: https://www.econbiz.de/10010877680
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How Do Judgmental Overconfidence and Overoptimism Shape Innovative Activity?
Herz, Holger; Schunk, Daniel; Zehnder, Christian - CESifo - 2013
Recent field evidence suggests a positive link between overconfidence and innovative activities. In this paper we argue that the connection between overconfidence and innovation is more complex than the previous literature suggests. In particular, we show theoretically and experimentally that...
Persistent link: https://www.econbiz.de/10010877694
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Liquidity Constraints, Household Wealth, and Entrepreneurship Revisited
Fairlie, Robert W.; Krashinsky, Harry A. - CESifo - 2012
A large body research shows a positive relationship between wealth and entrepreneurship and interprets the relationship … entrepreneurship and a different measure of wealth – net housing equity – for the two groups. Second, we examine the liquidity …
Persistent link: https://www.econbiz.de/10010877695
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Creative Destruction and Productive Preemption
Norbäck, Pehr-Johan; Persson, Lars; Svensson, Roger - CESifo - 2013
We develop a theory of innovation for entry and sale into oligopoly, and show that inventions of higher quality are more likely to be sold (or licensed) to an incumbent due to strategic product market effects on the sales price. Such preemptive acquisitions by incumbents are shown to stimulate...
Persistent link: https://www.econbiz.de/10010877893
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Industrialization Lessons from BRICS: A Comparative Analysis
Naudé, Wim; Szirmai, Adam; Lavopa, Alejandro - Institute for the Study of Labor (IZA) - 2013
To date there has been few systematic and comparative empirical analyses of the nature of economic development in Brazil, Russia, India, China and South Africa (BRICS). We contribute to addressing this gap by exploring the patterns of structural change between 1980 and 2010, focusing on the...
Persistent link: https://www.econbiz.de/10010884080
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Inputs, Gender Roles or Sharing Norms? Assessing the Gender Performance Gap Among Informal Entrepreneurs in Madagascar
Nordman, Christophe Jalil; Vaillant, Julia - Institute for the Study of Labor (IZA) - 2014
We use a representative sample of informal entrepreneurs in Madagascar to add new evidence on the magnitude of the gender performance gap. After controlling for business and entrepreneur characteristics, female-owned businesses exhibit a value added 28 percent lower than their male counterparts....
Persistent link: https://www.econbiz.de/10010884089
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Growing out of the Crisis: Hidden Assets to Greece's Transition to an Innovation Economy
Herrmann, Benedikt; Kritikos, Alexander S. - Institute for the Study of Labor (IZA) - 2013
Greece's currently planned institutional reforms will help to get the country going with limited economic growth. With an economy based primarily on tourism, trade, and agriculture, Greece lacks an established competitive industry and an innovation-friendly environment, resulting in a low export...
Persistent link: https://www.econbiz.de/10010884121
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"Romanticizing Penniless Entrepreneurs?" The Relationship between Start-Ups and Human Wellbeing across Countries
Naudé, Wim; Amorós, José Ernesto; Cristi, Oscar - Institute for the Study of Labor (IZA) - 2013
We study the effect of entrepreneurship and its allocation between necessity and opportunity entrepreneurship on three … and non-monetary wellbeing to entrepreneurial allocation. Using data from the Global Entrepreneurship Monitor we establish … that opportunity entrepreneurship may contribute towards national wellbeing and that better wellbeing in turn may stimulate …
Persistent link: https://www.econbiz.de/10010884143
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Entrepreneurship and Economic Development: Theory, Evidence and Policy
Naudé, Wim - Institute for the Study of Labor (IZA) - 2013
entrepreneurship. Given the relative neglect of entrepreneurship by development scholars it deals with (i) recent theoretical insights … from the intersection of entrepreneurship and development studies; (ii) the empirical evidence on the relationship between … entrepreneurship and development; and (iii) fresh insights for entrepreneurship policy for development that emerges from recent …
Persistent link: https://www.econbiz.de/10010884187
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Structural Change and Innovation as Exit Strategies from the Middle Income Trap
Vivarelli, Marco - Institute for the Study of Labor (IZA) - 2014
innovative entrepreneurship, that will also be discussed bridging entrepreneurial studies with the development literature …
Persistent link: https://www.econbiz.de/10010884188