Showing 1 - 10 of 469
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
We investigate the interdependence of debt financing and R&D activities of young firms. Using micro-level data of the KfW/ZEW Start-up Panel, our estimation results show that firm characteristics are more important than personal characteristics of the founders for explaining young firms'...
Persistent link: https://www.econbiz.de/10013117119
This paper reports results from a laboratory experiment on network formation among heterogeneous agents. The experimental design extends the Bala-Goyal (2000) model of network formation with decay and two-way flow of benefits by allowing for agents with lower linking costs or higher benefits to...
Persistent link: https://www.econbiz.de/10013318256
entrepreneurship in Germany between 1991 and 2010,the first two decades after reunification. We investigate the socioeconomic …
Persistent link: https://www.econbiz.de/10009486960
entrepreneurship andprivate sector employment in Africa.... …
Persistent link: https://www.econbiz.de/10009486997
There is no robust empirical support for the effect of financial incentives on the decision towork in self-employment rather than as a wage earner. In the literature, this is seen as apuzzle. We offer a focus on the opportunity cost, i.e. the wages given up as an employee.Information on income...
Persistent link: https://www.econbiz.de/10009496228
entrepreneurship, wefind that the conventional practice of conflating different industry types in empirical analysesof transitions to … entrepreneurship generates misleading findings about the determinants ofentrepreneurship.... …
Persistent link: https://www.econbiz.de/10009522199
a positive relationship between an individual's potential payoffs in working and in entrepreneurship. If some firms … consequence, the entrepreneurship rate falls with income per capita, average firm size and firm size dispersion increase with … income per capita, and "entrepreneurship out of necessity" falls with income per capita. The paper also documents, for two of …
Persistent link: https://www.econbiz.de/10013137516
the impacts both of risk aversion and balanced skills on the likelihood individuals choose entrepreneurship. Data on Dutch …-averse people might be suited to entrepreneurship; and it may also help explain why prior research has generated mixed evidence … about the effects of risk aversion on selection into entrepreneurship …
Persistent link: https://www.econbiz.de/10013117187
enter entrepreneurship, we find that the conventional practice of conflating different industry types in empirical analyses … of transitions to entrepreneurship generates misleading findings about the determinants of entrepreneurship …
Persistent link: https://www.econbiz.de/10013118276