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The radical innovation investment decision refined
Bilkic, Natasa; Gries, Thomas; Naudé, Wim A. - 2013
We refine modelling of the radical innovation decision in this paper by extending real option theory to include non-marginal stochastic jump processes. From the model analytics we determine that the average magnitude and frequency of non-marginal stochastic jump processes are the most important...
Persistent link: https://www.econbiz.de/10010293106
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The impact of city contracting set-asides on black self-employment and employment
Chatterji, Aaron K.; Chay, Kenneth Y.; Fairlie, Robert W. - 2013
In the 1980s, many U.S. cities initiated programs reserving a proportion of government contracts for minority-owned businesses. The staggered introduction of these set-aside programs is used to estimate their impacts on the self-employment and employment rates of African-American men. Black...
Persistent link: https://www.econbiz.de/10010293167
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Team heterogeneity in startups and its development over time
Kaiser, Ulrich; Müller, Bettina - 2013
entrepreneurship research. To assess relative workforce heterogeneity, we construct a simulated benchmark to which we compare observed …
Persistent link: https://www.econbiz.de/10010293184
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Business, bankruptcy, and beliefs: The financial demise of NBA stars
Henry, Ruby - 2013
The financial troubles of professional athletes are an ongoing topic of intrigue. In general, the zealousness brought to private equity schemes are a common factor in observed financial insolvency. Considering the behavioral attribute of self-confidence I propose a simple model which explains...
Persistent link: https://www.econbiz.de/10010293245
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Roads Leading to Self-Employment: Comparing Transgenerational Entrepreneurs and Self-Made Start-Ups
Blumberg, Boris F.; Pfann, Gerard A. - 2015
This paper studies the event history of business foundation. Three theoretical concepts of human, financial and social capital are linked to investigate variations over time of people's decision processes to become self-employed. Data from a cohort of Dutch inhabitants born in 1939/1940 who have...
Persistent link: https://www.econbiz.de/10011307376
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Migration, Entrepreneurship and Development: A Critical Review
Naudé, Wim; Siegel, Melissa; Marchand, Katrin - 2015
general development contribution of migration over and above its contribution through entrepreneurship. The implication is …
Persistent link: https://www.econbiz.de/10011307496
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Entering and Leaving Self-Employment: A Panel Data Analysis for 12 Developing Countries
Cho, Yoon Y.; Robalino, David A.; Romero, Jose M. - 2015
This paper examines the determinants of labor market transitions into and out of self-employment (own-account work and employer), using panel data from 12 developing countries in multiple regions. Despite cross-country heterogeneity, a few consistent patterns emerge. Entering the labor market...
Persistent link: https://www.econbiz.de/10011401625
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Lifting the Iron Curtain: School-Age Education and Entrepreneurial Intentions
Falck, Oliver; Gold, Robert; Heblich, Stephan - 2015
We exploit Germany's reunification to identify how school-age education affects entrepreneurial intentions. We look at university students in reunified Germany who were born before the Iron Curtain fell. During school age, all students in the West German control group received formal and...
Persistent link: https://www.econbiz.de/10011401631
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Entrepreneurship and the Reallocation of African Farmers
Naudé, Wim - 2015
transformation, will stagnate. One such endogenous driver is entrepreneurship. In this paper I start with the reappraisal of African … agriculture and focus on the literature on entrepreneurship in Africa's structural transformation. I present a conceptual model to … describe how entrepreneurship reallocates farmers out of agriculture into non-agricultural activities and locations. Recent …
Persistent link: https://www.econbiz.de/10011401794
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Migration, Risk Attitudes, and Entrepreneurship: Evidence from a Representative Immigrant Survey
Batista, Catia; Umblijs, Janis - 2013
-adjusted measure of risk preferences in the domain of work to investigate the link between risk aversion and entrepreneurship in … significant negative relationship between risk aversion and entrepreneurship. In addition, our results show that the use of …
Persistent link: https://www.econbiz.de/10010328882