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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/10012239493
Using a 50 percent sample of all establishments in the German private sector, we report that spinoffs are larger and initially employ more skilled and more experienced workers than other startups. Controlling for these and other differences, we find that spinoffs are less likely to exit than...
Persistent link: https://www.econbiz.de/10009786452
, particularly of university scientists, is positively related to innovation; (vi) there are many university spin-offs but these are …
Persistent link: https://www.econbiz.de/10011772302
-return characteristics of the selected innovation project and the mode of commercialization chosen by entrepreneurs (market entry versus sale … desire of governments to foster risky 'breakthrough' innovations. -- business taxation ; innovation ; market entry … to an incumbent firm) are endogenous. We show that government programs to support small businesses foster market entry by …
Persistent link: https://www.econbiz.de/10009130215
that being a generalist does not seem to be important in this regard. Finally, we find that innovation positively moderates …
Persistent link: https://www.econbiz.de/10010230889
Creative industries comprise enterprises focusing on the creation, production, and distribution of creative or cultural goods and services. Following an explorative empirical approach, we analyze start-ups in creative industries regarding three issues along the startup process: (1) personal...
Persistent link: https://www.econbiz.de/10011881166
survival rates and little contribution to job creation, economic growth, and innovation. In this paper, we use a rich data set … and job creation, but especially also in innovation activities. The gaps in these business outcomes are relatively …
Persistent link: https://www.econbiz.de/10012126136
We analyze whether start-up rates in different industries systematically change with business cycle variables. Using a unique data set at the industry level, we mostly find correlations that are consistent with counter-cyclical influences of the business cycle on entries in both innovative and...
Persistent link: https://www.econbiz.de/10011853760
of these agreements shuts down socially profitable spinoff firms. Non-enforcement sacrifices entry of original firms that …We investigate entry in a dynastic entrepreneurship (overlapping generations) environment created by employee spinoffs …, optimal entry of original firms and all subsequent employee spinoffs is achieved, despite the fact that the original firm can …
Persistent link: https://www.econbiz.de/10010528295
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/10011565661