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Liquidity constraints, informal financing, and entrepreneurship: Direct and indirect effects of a cash transfer programme

Ribas, Rafael P. - 2014

This paper exploits a liquidity shock from a large-scale welfare programme in Brazil to investigate the importance of credit constraints and informal financial assistance in explaining entrepreneurship. Previous research focuses exclusively on how liquidity shocks change recipients' behaviour...

Persistent link: https://www.econbiz.de/10011335903

How do judgmental overconfidence and overoptimism shape innovative activity?

Herz, Holger; Schunk, Daniel; Zehnder, Christian - 2013

that the connection between overconfidence and innovation is more complex than the previous literature suggests. In … innovative activity. While overoptimism is positively associated with innovation, judgmental overconfidence is negatively linked … to innovation. Our results indicate that future research is well advised to take into account that the relationship …

Persistent link: https://www.econbiz.de/10010332036

Entreprenörskap, småföretag och industriell förnyelse 1968-1991

Carlsson, Bo; Braunerhjelm, Pontus - 1993

Persistent link: https://www.econbiz.de/10010335059

Parenting with style: Altruism and paternalism in intergenerational preference transmission

Doepke, Matthias; Zilibotti, Fabrizio - 2012

innovation. …

Persistent link: https://www.econbiz.de/10010316863

How do judgmental overconfidence and overoptimism shape innovative activity?

Herz, Holger; Schunk, Daniel; Zehnder, Christian - 2013

that the connection between overconfidence and innovation is more complex than the previous literature suggests. In … innovative activity. While overoptimism leads to an innovation enhancing effect, judgmental overconfidence inhibits innovation …. Our results indicate that future research is well advised to take into account that the relationship between innovation …

Persistent link: https://www.econbiz.de/10010316868

The Organization of the Innovation Industry: Entrepreneurs, Venture Capitalists, and Oligopolists

Norbäck, Pehr-Johan; Persson, Lars - 2004

The starting point of this paper is that the exit of venture-backed firms often takes place through sales to large incumbent firms. We show that in such an environment, venture-backed firms have a stronger incentive to develop basic innovations into commercialized innovations than incumbent...

Persistent link: https://www.econbiz.de/10010320055

Promoting Entrepreneurship in the Welfare State

Henrekson, Magnus; Roine, Jesper - 2005

widely recognized that the supply of entrepreneurial talent is likely to be important for economic growth, innovation and job …

Persistent link: https://www.econbiz.de/10010320111