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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
While the COVID-19 pandemic had a large and asymmetric impact on firms, many countries quickly enacted massive business rescue programs which are specifically targeted to smaller firms. Little is known about the effects of such policies on business entry and exit, factor reallocation, and...
Persistent link: https://www.econbiz.de/10013166369
We analyze a large-scale survey of owners, managers, and employees of small businesses in the United States to understand the effects of the early stages of the COVID-19 pandemic on those businesses. The survey was fielded in late April 2020 among Facebook business page administrators, frequent...
Persistent link: https://www.econbiz.de/10012291877
We empirically investigate whether the persistence of politicians in political institutions affects the innovation …' innovation activity. However, once the causal effect is isolated by means of instrumental variables, using death of politicians … persistence and the probability of process innovation. This finding is consistent with the view that political stability may …
Persistent link: https://www.econbiz.de/10009010055
-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 …
Persistent link: https://www.econbiz.de/10009130215
crisis. Using common factor analysis, we demonstrate that people’s lives are mainly affected in two ways: First, a notable … fraction of the population is concerned that they or their family members and friends may get infected with the coronavirus …. Second, many people suffer from socio-economic consequences of the crisis, including a discontinuation of employment, a …
Persistent link: https://www.econbiz.de/10012582202
This paper analyzes the initial impact and recovery of globally engaged firms from the COVID-19 crisis. It uses rich … globally engaged firms is their heightened response to the crisis by finding novel ways to adapt supply chains even in the …
Persistent link: https://www.econbiz.de/10013183698
We investigate how preferences have been affected by exposure to the COVID-19 crisis. Our main contributions are: first … effects of the crisis, we also analyze within each wave during the crisis, how differential exposure to the crisis in the … health and financial domain affects preferences. We find that preferences remain remarkably stable during the crisis …
Persistent link: https://www.econbiz.de/10014322048
context of the COVID-19 crisis in Germany. Employment responses differed widely across local labour markets, with differences … difference-in-differences approach with a continuous treatment, we find that pre-crisis digital capital potential reduced short …
Persistent link: https://www.econbiz.de/10014530431
To analyze the impact of labor scarcity on technology adoption and innovation, this study uses the differential spread …, had a positive and significant shortrun effect on technology adoption and innovation in agriculture but a negative and …
Persistent link: https://www.econbiz.de/10012801534