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How Do Industries and Firms Respond to Changes in Local Labor Supply?
Dustmann, Christian - 2012
In this paper, we investigate how changes in the skill mix of local labor supply are absorbed by the economy. We distinguish between three adjustment mechanisms: through factor prices, through an expansion in the size of those production units that use the more abundant skill group more...
Persistent link: https://www.econbiz.de/10013112767
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Out of Sight, Out of Mind : Migration, Entrepreneurship and Social Capital
Wahba, Jackline - 2009
The aim of this paper is to investigate whether return migrants are more likely to become entrepreneurs than non-migrants. We develop a theoretical search model that puts forward the trade off faced by returnees since overseas migration provides an opportunity for human and physical capital...
Persistent link: https://www.econbiz.de/10013154977
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Entrepreneurship in the Shadows : Wealth Constraints and Government Policy
Tumen, Semih - 2016
I develop a dynamic model of forward-looking entrepreneurs, who decide whether to operate in the formal economy or informal economy and choose how much to invest in their businesses, taking government policy as given. The government has access to two policy tools: taxes on formal business...
Persistent link: https://www.econbiz.de/10012979858
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The Continued Search for the Solow Residual : The Role of National Entrepreneurial Ecosystem
Acs, Zoltan J. - 2014
methodology that combines institutions and human agency into an interdependent system, applying the configuration theory. We argue …
Persistent link: https://www.econbiz.de/10013042995
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Dinner Table Human Capital and Entrepreneurship
Hvide, Hans K. - 2018
We document three new facts about entrepreneurship. First, a majority of male entrepreneurs start a firm in the same or a closely related industry as their fathers' industry of employment. Second, this tendency is correlated with intelligence: higher-IQ entrepreneurs are less likely to follow...
Persistent link: https://www.econbiz.de/10012928500
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Does Easy Start-Up Formation Hamper Incumbents' R&D Investment? A Theoretical and Empirical Analysis
Colombo, Luca - 2015
Community Innovation Survey covering the period 1998-2000. The results of our empirical analysis support our theory …
Persistent link: https://www.econbiz.de/10013035752
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Imperfect Transmission of Tacit Knowledge and Other Barriers to Entrepreneurship
Poutvaara, Panu; Kanniainen, Vesa - 2021
This paper identifies several distortions which create barriers to entrepreneurship. First, in addition to the innate entry cost, there are entry costs caused by regulation. Second, union wage policies raise the opportunity cost of entrepreneurship. Third, inefficiencies in the transmission of...
Persistent link: https://www.econbiz.de/10013316970
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Entrepreneurship and the Process of Firms' Entry, Survival and Growth
Santarelli, Enrico; Vivarelli, Marco - 2021
This survey paper aims at critically discussing the recent literature on firm formation and survival and the growth of new-born firms. The basic purpose is to single out the microeconomic entrepreneurial foundations of industrial dynamics (entry and exit) and to characterise the founder's...
Persistent link: https://www.econbiz.de/10013317307
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Financing Entrepreneurship and the Old-Boy Network
Inci, Eren - 2012
We study entrepreneurs' start-up financing from banks and local financiers. An informal network, whose membership cannot be observed by outsiders, conveys the good signals it gets about the hidden types of network entrepreneurs to local financiers, which are then reflected in different loan...
Persistent link: https://www.econbiz.de/10013111216
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R&D Drivers in Young Innovative Companies
Garcia-Quevedo, Jose - 2011
autoregressive nature of innovation. Using a large longitudinal dataset comprising Spanish manufacturing firms over the period 1990 … in the case of the YICs, suggesting that their innovation behaviour is less persistent and more erratic. Moreover, our … results suggest that firm and market characteristics play a distinct role in boosting the innovation activity of firms of …
Persistent link: https://www.econbiz.de/10013118041