Showing 1 - 10 of 10
Entrepreneurship is usually identified as an important determinant of aggregate productivity and long-term growth. The determinants of entrepreneurship, nevertheless, are not entirely understood. A recent literature has linked entrepreneurship to the development of the justice system. This paper...
Persistent link: https://www.econbiz.de/10013120850
We conceptualise social entrepreneurship as a source of social capital which, when present in the environment, enhances commercial entrepreneurship. We also argue that social entrepreneurship should be recognised as a second form of Baumol's (1990) productive entrepreneurship and that it will...
Persistent link: https://www.econbiz.de/10013123596
opportunity entrepreneurs, who voluntarily pursue a business opportunity, and necessity entrepreneurs, who lack alternative …
Persistent link: https://www.econbiz.de/10013099751
In the large literature on firm performance, economists have given little attention to entrepreneurs. We use deaths of more than 500 entrepreneurs as a source of exogenous variation, and ask whether this variation can explain shifts in firm performance. Using longitudinal data, we find large and...
Persistent link: https://www.econbiz.de/10013087867
This paper explores the effects of foreign direct investment, measured by mergers and acquisitions, on domestic entrepreneurial entry. We use a micro‐panel of more than two thousand individuals disaggregated by industry in seventy countries including both developed and developing economies,...
Persistent link: https://www.econbiz.de/10013071742
Hurst and Lusardi (2004) recently challenged the long-standing belief that liquidity constraints are important causal determinants of entry into self-employment. They demonstrate that the oft-cited positive relationship between entry rates and assets is actually unchanging as assets increase...
Persistent link: https://www.econbiz.de/10013317539
Empirical studies show low pecuniary returns of switching from wage employment to entrepreneurship. We reconsider the pecuniary gains of this switching by employing a two-stage procedure, where the randomness in the timing of inheritance transfers is used as an exclusion restriction to identify...
Persistent link: https://www.econbiz.de/10012947121
increase in self-employment in Germany by 40 percent which can partly be attributed to the transformation process of East … starting a business …
Persistent link: https://www.econbiz.de/10013110854
entrepreneur. We focus on the size of the government, on freedom from corruption, and on 'market freedom' defined as a cluster of …
Persistent link: https://www.econbiz.de/10013141215
We analyze theoretically and empirically the impact of the shadow economy on entrepreneurial entry, utilising 1998-2005 individual-level Global Entrepreneurship Monitor data merged with macro level variables. A simple correlation coefficient suggests a positive linear link between the size of...
Persistent link: https://www.econbiz.de/10013141216