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Employee spinouts, social networks, and family firms
Rauch, James E. - 2013
spin out. This is shown to predict the association of co-ethnic networks with high rates of entrepreneurship and the …
Persistent link: https://www.econbiz.de/10010223389
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Credit market imperfection, lack of entrepreneurs and capital outflow from a developing economy
Marjit, Sugata; Mishra, Suryaprakash - 2020
This paper explores the impact of credit market on the entrepreneurs and demand for credit in a credit constrained economy and the resultant impact on the capital flows. In standard trade models the capital flows across countries are explained as a result of the rate of return differentials due...
Persistent link: https://www.econbiz.de/10012263312
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Entrepreneurship, institutions and skills in low-income countries
Brixiova, Zuzana; Égert, Balázs - 2017
This paper develops a model of costly firm creation in an economy with weak institutions, costly business environment as well as skill gaps where one of the equilibrium outcomes is a low-productivity trap. The paper tests the implications of the model using a cross-sectional dataset including...
Persistent link: https://www.econbiz.de/10011646808
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The impact of entrepreneurial risk aversion on wages in general equilibrium
Feng, Ying; Rauch, James E. - 2015
One of the leading theories of entrepreneurship is that less risk averse individuals become entrepreneurs and more risk …
Persistent link: https://www.econbiz.de/10010519937
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Lifting the iron curtain : school-age education and entrepreneurial intentions
Falck, Oliver; Gold, Robert; Heblich, Stephan - 2015
We exploit Germany’s reunification to identify how school-age education affects entrepreneurial intentions. We look at university students in reunified Germany who were born before the Iron Curtain fell. During school age, all students in the West German control group received formal and...
Persistent link: https://www.econbiz.de/10011346315
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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 …
Persistent link: https://www.econbiz.de/10010528295
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Business decision-making under uncertainty : evidence from employment and number of businesses
Ghosal, Vivek; Ye, Yang - 2013
Using the framework provided by the asymmetric-information and real-options theories, we examine the impact of uncertainty on firms' decisions and market outcomes. We construct alternative measures of uncertainty based on survey of professional forecasters and our estimation of regression-based...
Persistent link: https://www.econbiz.de/10009764986
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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 …-up decision and can explain the gender gap in entrepreneurship. Applying a decomposition analysis, we observe that the higher risk …
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
business stealing effect. Commercialization support induces entrepreneurship but may lead to mediocre entrepreneurship by … inducing entrepreneurs to choose less risky projects, whereas R&D support encourages entrepreneurship without affecting the … type of entrepreneurship. We develop a regression framework to test empirical predictions of the model. Within our …
Persistent link: https://www.econbiz.de/10011549385
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Initial capital constraints hinder entrepreneurial venture performance : an empirical analysis
Praag, Mirjam van - 2003
A novel method is applied to evaluate the effect of capital constraints on entrepreneurial performance on a panel of 1,000 Dutch entrepreneurs. We find that initial capital constraints hinder entrepreneurs in their performance, even when we control for various human capital and other factors...
Persistent link: https://www.econbiz.de/10011506454