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I investigate the effect of human capital on entrepreneurship using the National Longitudinal Survey of Youth - 1979. I find that individuals with higher measured intelligence and self-confidence are more likely to be entrepreneurs. Furthermore I present evidence suggesting that intelligence and...
Persistent link: https://www.econbiz.de/10009348661
Recent research has shown that entrepreneurs who start incorporated firms are fundamentally different from entrepreneurs who start sole proprietorships. This difference suggests that incorporation status may distinguish the self-employed with no ambition to hire from entrepreneurs who plan to...
Persistent link: https://www.econbiz.de/10010490795
deemed to be of particular importance for entrepreneurship, innovation-based firm growth and its ensuing impact on the …, who are renowned specialists in the area and with deep knowledge of the pertinent institutions in Sweden and the US. These …, considerable differences remain. These constitute the basis for the concluding policy discussion. -- Entrepreneurship ; Innovation …
Persistent link: https://www.econbiz.de/10009666645
. -- Entrepreneurship ; Innovation ; Start-ups ; Ownership ; Breakthrough ; Quality …
Persistent link: https://www.econbiz.de/10009625140
countries in the 1996-2010 period. To our knowledge this is the first systematic cross-country study of billionaire …-employment. -- Entrepreneurship ; Innovation ; Institutions ; Regulation ; Self-employment …
Persistent link: https://www.econbiz.de/10009721267
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 choice theory, we hypothesize that regulatory freedom...
Persistent link: https://www.econbiz.de/10013175457
); innovation returns are modeled as following an ex ante known probability distribution. By assuming that innovation outcomes are …
Persistent link: https://www.econbiz.de/10013401933
innovative and evasive features. The platform was a radical, widely applied innovation that transformed the Internet landscape …
Persistent link: https://www.econbiz.de/10011420647
One response to uncertainty and transactions costs in VC-finance is to compensate founders (and other key personnel) with stock options under complex contracts. Entrepreneurs are granted stock options contingent on firm performance, vesting and other criteria. While most countries tax stock...
Persistent link: https://www.econbiz.de/10011420651
occurs. Better knowledge of entrepreneurial responses to institutions and the context in which they occur offers a promising …
Persistent link: https://www.econbiz.de/10012137563