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The economics of credence goods: on the role of liability, verifiability, reputation and competition
Dulleck, Uwe; Kerschbamer, Rudolf; Sutter, Matthias - 2009
determinants for efficiency in credence goods markets. While theory predicts that either liability or verifiability yields … efficiency, we find that liability has a crucial, but verifiability only a minor effect. Allowing sellers to build up reputation … higher efficiency as long as liability is violated. …
Persistent link: https://www.econbiz.de/10010271236
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Out of sight, out of mind: migration, entrepreneurship and social capital
Wahba, Jackline; Zenou, Yves - 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/10010269590
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Financing entrepreneurship and the old-boy network
Inci, Eren; Parker, Simon C. - 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/10010282600
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Business training and female enterprise start-up, growth, and dynamics: Experimental evidence from Sri Lanka
De Mel, Suresh; McKenzie, David J.; Woodruff, Christopher - 2012
We conduct a randomized experiment in Sri Lanka to measure the impact of the most commonly used business training course in developing countries, the Start-and-Improve Your Business (SIYB) program. In contrast to existing business training evaluations which are restricted to microfinance...
Persistent link: https://www.econbiz.de/10010289883
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Producer protection legislation and termination damages in the presence of contracting frictions
Wu, Steven Y. - 2009
This study models producer protection legislation that would grant growers the right to claim damages (PPLD) if their contracts are prematurely terminated. In the absence of contracting frictions that prevent contractors from redesigning contracts to accommodate exogenous policy changes, PPLD...
Persistent link: https://www.econbiz.de/10010277255
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Are Young and Small Firms Hothouses for Nascent Entrepreneurs? Evidence from German Micro Data
Wagner, Joachim - 2004
Using a large recent representative sample of the German population this paper contributes to the entrepreneurship … economic importance for entrepreneurship of work experience in a firm that is both young and small. …
Persistent link: https://www.econbiz.de/10010261762
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Entrepreneurship from Scratch: Lessons on the Entry Decision into Self-Employment from Transition Economies
Earle, John S.; Sakova, Zuzana - 1999
-experiment? for understanding the sources of entrepreneurship. A relative demand-supply model and an individual sectoral choice model …
Persistent link: https://www.econbiz.de/10010262299
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The Role of the Regional Milieu for the Decision to Start a New Firm: Empirical Evidence for Germany
Wagner, Joachim; Sternberg, Rolf - 2002
Although comprehensive data from official statistics on new firm formation and entrepreneurs starting a new business are lacking in Germany, we know from empirical studies that entry rates differ between regions, and that the propensity to become an entrepreneur is influenced by...
Persistent link: https://www.econbiz.de/10010262745
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Institutions, networks and entrepreneurship development in Russia: an exploration
Aidis, Ruta; Estrin, Saul - 2006
. By utilizing new Global Entrepreneurship Monitor (GEM) data collected in 2001, we investigate the effects of the weak …
Persistent link: https://www.econbiz.de/10010267935
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Mexican-American entrepreneurship
Fairlie, Robert W.; Woodruff, Christopher - 2008
less successful on average than non-Latino whites. We conduct a comprehensive analysis of Mexican-American entrepreneurship …
Persistent link: https://www.econbiz.de/10010268891