Showing 1 - 10 of 208
New business formation is a key driver of regional transformation and development. While we know that a region’s attractiveness for new businesses depends on its resources, infrastructure, and human capital, we know little about the role of local business networks in promoting or impeding the...
Persistent link: https://www.econbiz.de/10014472795
Using a newly constructed panel dataset of German enterprises, I estimate R&D and capital investment equations for the time period from 1990 to 1994. Simple accelerator specifications indicate considerable sensitivity of R&D and investment to cash flow for relatively small firms. Much of this...
Persistent link: https://www.econbiz.de/10011621855
Persistent link: https://www.econbiz.de/10009553504
Persistent link: https://www.econbiz.de/10010524141
Persistent link: https://www.econbiz.de/10000647702
Despite the importance of business creation for the economy and a relevant share of new firms being started out of unemployment, most research has focused on analyzing the effect of unemployment insurance (UI) policies on reemployment outcomes that ignore self-employment. In this paper, we...
Persistent link: https://www.econbiz.de/10012241969
Business creation is economically important, and unemployment precedes the creation of a substantial share of new firms. Yet, most research has focused on analyzing the effects of unemployment insurance policies on re-employment outcomes, ignoring self-employment. In this paper, we analyze how...
Persistent link: https://www.econbiz.de/10015048442
This paper analyses the impact of the Italian Startup Act which entered into force in December 2012. This public policy provides a unique bundle of benefits, such as tax incentives, public loan guarantees, and a more flexible labor law, for firms registered as "innovative startups" in Italy....
Persistent link: https://www.econbiz.de/10012167050
medium enterprises (SMEs) in Kenya. All participants in a business training program are offered training. One-third of … delay between training and loans may reduce knowledge retention and application by SMEs in the presence of complementarity … practices. We find evidence for the latter in both intention-to-treat and treatment-on-the-treated estimates. While SMEs in both …
Persistent link: https://www.econbiz.de/10014496375
We use exogenous variation in the strength of trade secrets protection to show that a relative weakening of patents (compared to trade secrets) has a disproportionately negative effect on the disclosure of processes - inventions that are not otherwise visible to society. We develop a structural...
Persistent link: https://www.econbiz.de/10012060814