Showing 1 - 10 of 1,126
We estimate differences in innovation behavior between foreign versus U.S.-born entrepreneurs in high-tech industries. Our data come from the Annual Survey of Entrepreneurs, a random sample of firms with detailed information on owner characteristics and innovation activities. We find uniformly...
Persistent link: https://www.econbiz.de/10012870290
The economic expansion of the late 1990s created many opportunities for business creation in Silicon Valley, but the opportunity cost of starting a business was also high during this period because of the exceptionally tight labor market. A new measure of entrepreneurship derived from matching...
Persistent link: https://www.econbiz.de/10013092879
Using a country-industry panel dataset (EUKLEMS) we uncover a robust empirical regularity, namely that high-risk …
Persistent link: https://www.econbiz.de/10013133623
stochastic production process in energy use. Special attention is given to the factors that increase the risk or variation of … more to the increase in the mean energy demand than to the reduction in the level of risk. It is recommended that …
Persistent link: https://www.econbiz.de/10013055565
Research shows that most ventures fail, yet it has devoted limited attention to the consequences of entrepreneurs' past failure for investors' decisions. Our motivating insight is that failure can be due to bad luck, lack of skill or both. Therefore, failure conveys ambiguous information about...
Persistent link: https://www.econbiz.de/10012947124
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
Academic entrepreneurship has become an increasingly important channel through which universities contribute to economic development. This paper studies academic entrepreneurs using a comprehensive venture capital database. I find that about two-thirds of the academic entrepreneurs locate their...
Persistent link: https://www.econbiz.de/10012776079
Focusing on entrepreneurship entry modes, we investigate two research questions regarding firm survival: how does the survival probability differ between business takeovers and new venture start-ups? And how do the determinants of survival differ between the two entry modes? Using a large French...
Persistent link: https://www.econbiz.de/10012942096
Many entrepreneurs start their ventures while retaining jobs in wage employment; this phenomenon is called hybrid entrepreneurship. Little is known about the entry modes (new venture start-up vs. business takeover) of hybrid entrepreneurs. Our study aims to close this gap by investigating the...
Persistent link: https://www.econbiz.de/10012943712
. Evaluation studies of such programmes commonly rely on the conditional independence assumption (CIA), allowing a causal … success, these variables were neglected in evaluation studies so far due to data limitations. In this paper, we evaluate a new … administrative-survey data allows us to incorporate usually unobserved personality measures in the evaluation and investigate their …
Persistent link: https://www.econbiz.de/10013001335