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The paper introduces a model of enterprise formation in a unionized economy with labor protection and wage bargaining. Enterprise formation is subject to future market risk and is shaped by labor market institutions in the post-entry stage. The predictions of the model are tested in...
Persistent link: https://www.econbiz.de/10009781640
entrepreneurship. Third, inefficiencies in the transmission of tacit knowledge between generations of entrepreneurs can arise: with …
Persistent link: https://www.econbiz.de/10013316970
of a consumer increases with aggregate consumption. The post-innovation network consists of two compatible sub … underinvest in innovation. …
Persistent link: https://www.econbiz.de/10011409408