Showing 1 - 10 of 489
Starting a firm with expansive potential is an option for educated and high-skilled workers. This option serves as an insurance against unemployment caused by labor market frictions and hence increases the incentives for education. We show within a matching model that reducing the start-up costs...
Persistent link: https://www.econbiz.de/10010261628
network even among its members. Because all projects have positive net value, it is efficient to finance them even in the …
Persistent link: https://www.econbiz.de/10010282600
Anglo-Saxon countries have been successful in the 1990s concerning labor market performance compared to the former role models Germany and Japan. This reversal in relative economic performance might be related to idiosyncracies in financial markets with bank-based financial markets as in Germany...
Persistent link: https://www.econbiz.de/10010262178
Using firm level data on 70,000 enterprises in 107 countries, this paper finds important effects of access to finance … systematically by firm types. Micro and small firms have less access to formal finance, pay more in bribes than do larger firms, and … downward the size distribution of firms. In the case of finance and business regulations this occurs by reducing the employment …
Persistent link: https://www.econbiz.de/10010268270
Existing literature suggests that entrepreneurs with prior firm-founding experience have more skills and social connections than novice entrepreneurs. Such skills and social connections could give experienced founders some advantage in the process of raising venture capital. This paper uses a...
Persistent link: https://www.econbiz.de/10010268322
Academic entrepreneurship has become an increasingly important channel through which universities contribute to … near the university has no significant effect on academic entrepreneurship. …
Persistent link: https://www.econbiz.de/10010268521
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/10010286852
Using 2005 firm level data for 26 ECA countries, this paper estimates performance gaps between male- and female-owned businesses, while controlling for their location by industry and country. We find that female entrepreneurs have significantly smaller scale of operations (as measured by sales...
Persistent link: https://www.econbiz.de/10010269049
Financing entrepreneurship spurs innovation and economic growth. Digital financial platforms that crowdfund equity for …
Persistent link: https://www.econbiz.de/10014469443
Using 2005 firm level data for 26 ECA countries, this paper estimates performance gaps between male- and female-owned businesses, while controlling for their location by industry and country. We find that female entrepreneurs have significantly smaller scale of operations (as measured by sales...
Persistent link: https://www.econbiz.de/10005700969