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Do higher proportions of (a) informed investors and (b) high-quality projects increase the number of good projects that are ultimately financed via crowdfunding? A simple model and simulation reveals the answers to both questions to be: "not necessarily".
Persistent link: https://www.econbiz.de/10010252710
Human resources can provide a competitive advantage to firms, but we still know little about how newly-founded ventures start mobilizing these resources. Given the central role of entrepreneurs' background in designing the strategy of new firms, we investigate whether and how startup experience,...
Persistent link: https://www.econbiz.de/10012582335
This paper examines the role of human capital persistence in explaining long-term development. We exploit variation induced by a state-sponsored settlement policy that attracted a pool of immigrants with higher levels of schooling to particular regions of Brazil in the late 19th and early 20th...
Persistent link: https://www.econbiz.de/10011283193
This paper employs recently developed econometric models of marginal treatment effects to analyze the relevance of labor market comparative advantage and segmentation in the participation and earnings performance of workers in formal and informal jobs in Argentina. A novel household data set on...
Persistent link: https://www.econbiz.de/10003793731
Georgia, this paper investigates the incidence of undocumented worker employment across firms and how it affects firm survival …' undocumented employment harms firms' ability to survive, while firms' own undocumented employment strongly enhances their survival …
Persistent link: https://www.econbiz.de/10003794077
Using German establishment data, this paper examines the relationship between product market competition and the extent of employer provided training. We demonstrate that high product market competition is associated with increased training except when the competition is so severe as to threaten...
Persistent link: https://www.econbiz.de/10011735905
greater survival is achieved when startups engage successfully in both product innovation and process innovation, with a key … that the creation and survival of innovative start-ups should become one qualifying point of the economic policy agenda. …
Persistent link: https://www.econbiz.de/10011452416
the determinants of entrepreneurial persistence. Next to observed survival we also construct a hybrid persistence measure … indicators emphasize different aspects of persistence. For the survival indicator, the predictive power is concentrated in … differ in survival chances, but they are more likely to lack a high psychological commitment to their business ventures. …
Persistent link: https://www.econbiz.de/10012110496
outcomes. For survival we find conclusive evidence for non-linearities in the effects of divergent thinking. Additionally, we …
Persistent link: https://www.econbiz.de/10014339701
business outcomes up to 19 months after business creation. Outcomes include start-up survival and entrepreneurial income, as … important positive effects of high scores of self-efficacy on start-up survival and entrepreneurial income, which become even …
Persistent link: https://www.econbiz.de/10013498909