Showing 1 - 6 of 6
What explains the world-wide trend of pro-entrepreneurial policies in the last few decades? We study entrepreneurial policy in a lobbying model taking into account the con.ict of interest between entrepreneurs and incumbents. It is shown that international market integration leads to more...
Persistent link: https://www.econbiz.de/10010320207
What explains the world-wide trend of pro-entrepreneurial policies in the last few decades? We study entrepreneurial policy in a lobbying model taking into account the conflict of interest between entrepreneurs and incumbents. It is shown that international market integration leads to more...
Persistent link: https://www.econbiz.de/10012857479
Why do so many high-priced acquisitions of entrepreneurial firms take place in network industries? We develop a theory of commercialization (entry or sale) in network industries showing that high equilibrium acquisition prices are driven by the incumbents' desire to prevent rivals from acquiring...
Persistent link: https://www.econbiz.de/10010320239
Recent research has highlighted the role of institutions in channeling entrepreneurs into activities with positive or negative effects on overall productivity. Embedding central elements from these theories into a political economy framework reveals the bilateral causal relation between...
Persistent link: https://www.econbiz.de/10010320193
classify the budding research field that explores the interplay between institutions and entrepreneurship. Institutions channel … development of nations. What's more, entrepreneurship is not only influenced by institutions - entrepreneurs often shape … institutions themselves. Entrepreneurship abiding by existing institutions is occasionally disruptive enough to challenge the …
Persistent link: https://www.econbiz.de/10010320294
Formal institutions, e.g., regulations, are considered crucial determinants of entrepreneurship, but what enables … regulatory change when there is a regulatory void, meaning entrepreneurship clashes with existing regulations? Drawing on public … of entrepreneurship …
Persistent link: https://www.econbiz.de/10013293782