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impact of immigration on entrepreneurial activity. Immigrants, we hypothesize, facilitate innovation and entrepreneurship by … immigrants (even if they are not self-employed) may prove to be areas in which entrepreneurship and innovation are easier to … accomplish. Our theory offers a unique perspective on the contributions of immigrants to economic development beyond traditional …
Persistent link: https://www.econbiz.de/10010283971
where growth is driven by the innovative activity of entrepreneurs. Entrepreneurship is risky and requires investments that … affect the steepness of the lifetime consumption profile. As a consequence, the occupational choice of entrepreneurship …
Persistent link: https://www.econbiz.de/10010319500
We study how firm-specific complementary assets and intellectual property rights affect the management of knowledge workers. The main results show when a firm will wish to sue workers that leave with innovative ideas, and the effects of complementary assets on wages and on worker initiative. We...
Persistent link: https://www.econbiz.de/10010283985
We construct a theory of intergenerational preference transmission that rationalizes the choice between alternative … why different groups or societies develop different attitudes towards human capital formation, entrepreneurship, and … innovation. …
Persistent link: https://www.econbiz.de/10010291395
that entrepreneurship has important economic value. Hence, a systematic review is provided that answers the question: What … answer the question: What is the contribution of entrepreneurs to (i) employment generation and dynamics, (ii) innovation … group'? A fourth type of contribution studied is the role of entrepreneurship in increasing individuals' utility levels …
Persistent link: https://www.econbiz.de/10010277005
-to-the-world innovation is inherently risky and therefore may increase the probability of firm death. However, many existing studies … fail to distinguish between innovation investments and innovation capital. Using an unbalanced panel of over 290 … innovation and survival and find that current innovation investments increase the probability of death while innovation capital …
Persistent link: https://www.econbiz.de/10010268043
We refine modelling of the radical innovation decision in this paper by extending real option theory to include non … stochastic shocks imply that investment in radical innovation may very often be too time consuming and/or expensive to remain …
Persistent link: https://www.econbiz.de/10010293106
innovation-friendly environment, resulting in a low export ratio given the small size of the country and its long-time EU …
Persistent link: https://www.econbiz.de/10010328894
We extend Lazear's theory of skills variety and entrepreneurship in three directions. First, we provide a theoretical … that being a generalist does not seem to be important in this regard. Finally, we find that innovation positively moderates …, but also commercial value. Our findings support the notion that entrepreneurship can be learned. …
Persistent link: https://www.econbiz.de/10010328895
In recent years, the economics of migration literature has shown a substantial growth in papers exploring host country impacts beyond the labour market. Specifically, researchers have begun to shift their attention from labour market and fiscal changes, towards exploring what we might call 'the...
Persistent link: https://www.econbiz.de/10010329079