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The bright side of the GDPR : welfare-improving privacy management

Choe, Chongwoo; Matsushima, Noriaki; Shekhar, Shiva - 2023

We study the GDPR's opt-in requirement in a model with a firm that provides a digital service and consumers who are heterogeneous in their valuations of the firm's service as well as the privacy costs incurred when sharing personal data with the firm. We show that the GDPR boosts demand for the...

Persistent link: https://www.econbiz.de/10014334058

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

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

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

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

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

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

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

Homeownership and entrepreneurship : the role of mortgage debt and commitment

Bracke, Philippe; Hilber, Christian; Silva, Olmo - 2014

We study the link between homeownership, mortgage debt, and entrepreneurship using a model of occupational choice and … homeowners start a business; and (ii) the negative relation between mortgage debt and entrepreneurship is more pronounced when … income volatility is higher. Our model further predicts that the relation between housing wealth and entrepreneurship is …

Persistent link: https://www.econbiz.de/10010425992

Uncertainty and the employment dynamics of small and large businesses

Ghosal, Vivek; Ye, Yang - 2014

We examine the impact of uncertainty on employment dynamics. Alternative measures of uncertainty are constructed based on the survey of professional forecasters, and regression-based forecasting models for GDP growth, inflation, S&P500 stock price index, and fuel prices. Our results indicate...

Persistent link: https://www.econbiz.de/10010428770