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Dynastic entrepreneurship, entry, and non-compete enforcement
Rauch, James E. - 2015
We investigate entry in a dynastic entrepreneurship (overlapping generations) environment created by employee spinoffs. Without finance constraints, enforcement of non-compete agreements unambiguously improves social welfare outcomes, and even increases the rate of spinoffs from original firms....
Persistent link: https://www.econbiz.de/10010528295
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Entrepreneurship, economic conditions, and the Great Recession
Fairlie, Robert W. - 2013
The "Great Recession" resulted in many business closings and foreclosures, but what effect did it have on business formation? On the one hand, recessions decrease potential business income and wealth, but on the other hand they restrict opportunities in the wage/salary sector leaving the net...
Persistent link: https://www.econbiz.de/10009712435
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The gender gap in entrepreneurship : not just a matter of personality
Caliendo, Marco; Fossen, Frank M.; Kritikos, Alexander; … - 2014
Why do entrepreneurship rates differ so markedly by gender? Using data from a large, representative German household panel, we investigate to what extent personality traits, human capital, and the employment history influence the start-up decision and can explain the gender gap in...
Persistent link: https://www.econbiz.de/10010354771
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Why entrepreneurs choose risky R&D projects : but still not risky enough
Färnstrand Damsgaard, Erika; Hjertstrand, Per; … - 2016
This paper examines how entrepreneurs and incumbents differ in R&D strategies. We show that entrepreneurs have …. However, entrepreneurs may still select too safe projects from a social point of view, since they do not internalize the … inducing entrepreneurs to choose less risky projects, whereas R&D support encourages entrepreneurship without affecting the …
Persistent link: https://www.econbiz.de/10011549385
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Behind the GATE experiment : evidence on effects of and rationales for subsidized entrepreneurship training
Fairlie, Robert W.; Karlan, Dean; Zinman, Jonathan - 2014
Theories of market failures and targeting motivate the promotion of entrepreneurship training programs and generate testable predictions regarding heterogeneous treatment effects from such programs. Using a large randomized evaluation in the United States, we find no strong or lasting effects on...
Persistent link: https://www.econbiz.de/10010404444
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High-technology entrepreneurship in Silicon Valley
Fairlie, Robert W.; Chatterji, Aaron K. - 2013
The economic expansion of the late 1990s created many opportunities for business creation in Silicon Valley, but the opportunity cost of starting a business was also high during this period because of the exceptionally tight labor market. A new measure of entrepreneurship derived from matching...
Persistent link: https://www.econbiz.de/10010212670
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The impact of COVID-19 on small business owners: the first three months after social-distancing restrictions
Fairlie, Robert W. - 2020
Social distancing restrictions and health- and economic-driven demand shifts from COVID-19 are expected to shutter many small businesses and entrepreneurial ventures, but there is very little early evidence on impacts. This paper provides the first analysis of impacts of the pandemic on the...
Persistent link: https://www.econbiz.de/10012291885
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Green serves the dirtiest : on the interaction between Black and Green Quotas
Böhringer, Christoph; Rosendahl, Knut Einar - 2009
Tradable black (CO2) and green (renewables) quotas gain in popularity and stringency within climate policies of many OECD countries. The overlapping regulation through both instruments, however, may have important adverse economic implications. Based on stylized theoretical analysis and...
Persistent link: https://www.econbiz.de/10003897546
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Going offshore : investments in German wind energy under uncertainty
Chen, Yu-Fu; Funke, Michael - 2015
energy deployment. The numerical results reveal that the long term subsidies in Germany set prices that provide higher …
Persistent link: https://www.econbiz.de/10011283826
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The impacts of feed-in tariffs on innovation : empirical evidence from Germany
Böhringer, Christoph; Cuntz, Alexander; Harhoff, Dietmar; … - 2014
a massive expansion of electricity from renewable energy sources in Germany over the last decade. The increase in non …
Persistent link: https://www.econbiz.de/10010252146