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Creating Strategic Advantage through EntrepreneurialGovernance in New Ventures
Audretsch, David B.; Lehmann, Erik; Plummer, Lawrence A. - Max-Planck-Institut für Ökonomik <Jena> - 2007
An important literature has made a fundamental link between corporate governanceand corporate strategy. According to agency theory, assigning managersstock options aligns their interests with the interests of the owners of the firm.This paper suggests that this may not apply in the context of...
Persistent link: https://www.econbiz.de/10005864514
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Creating strategic advantage through entrepreneurial governance in new ventures
Audretsch, David B.; Lehmann, Erik E.; Plummer, Lawrence A. - 2007
An important literature has made a fundamental link between corporate governance and corporate strategy. According to agency theory, assigning managers stock options aligns their interests with the interests of the owners of the firm. This paper suggests that this may not apply in the context of...
Persistent link: https://www.econbiz.de/10010263845
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Creating Strategic Advantage through Entrepreneurial Governance in New Ventures
Audretsch, David B.; Lehmann, Erik E.; Plummer, Lawrence A. - Wirtschaftswissenschaftliche Fakultät, … - 2007
An important literature has made a fundamental link between corporate governance and corporate strategy. According to agency theory, assigning managers stock options aligns their interests with the interests of the owners of the firm. This paper suggests that this may not apply in the context of...
Persistent link: https://www.econbiz.de/10005090583
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Creative destruction and regional productivity growth: evidence from the dutch manufacturing and services industries
Bosma, Niels; Stam, Erik; Schutjens, Veronique - 2009
Do firm entry and exit improve the competitiveness of regions? If so, is this a universal mechanism or is it contingent on the type of industry or region in which creative destruction takes place? This paper analyses the effect of firm entry and exit on the competitiveness of regions, measured...
Persistent link: https://www.econbiz.de/10010266691
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Creative Destruction and Regional Productivity Growth: Evidence from the Dutch Manufacturing and Services Industries
Bosma, Niels; Stam, Erik; Schutjens, Veronique - Wirtschaftswissenschaftliche Fakultät, … - 2009
Do firm entry and exit improve the competitiveness of regions? If so, is this a universal mechanism or is it contingent on the type of industry or region in which creative destruction takes place? This paper analyses the effect of firm entry and exit on the competitiveness of regions, measured...
Persistent link: https://www.econbiz.de/10005032004
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No place like home? . location choice and firm survival after forced relocation in the German machine tool industry
Buenstorf, Guido; Guenther, Christina - 2007
We study location choices and firm performance in the German machine tool industry, focusing on the forced migration of East German firms after World War II. Our analysis of location choices supports earlier findings that industry agglomerations attract further entrants. Relocating firms...
Persistent link: https://www.econbiz.de/10010263811
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No place like home? Location choice and firm survival after forced relocation in the German machine tool industry
Buenstorf, Guido; Guenther, Christina - Wirtschaftswissenschaftliche Fakultät, … - 2007
We study location choices and firm performance in the German machine tool industry, focusing on the forced migration of East German firms after World War II. Our analysis of location choices supports earlier findings that industry agglomerations attract further entrants. Relocating firms...
Persistent link: https://www.econbiz.de/10005090530
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The early development of new establishments: An evaluation of the role of spatial selection and agglomeration
Changoluisa, Javier - 2021
This paper analyzes the early development of new establishments evaluating the role of spatial selection and agglomeration. The analysis shows a clear and strong selection of more productive new establishments into larger regions, regardless of the foundation type. While at the end of the...
Persistent link: https://www.econbiz.de/10012629047
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Persistence of entrepreneurship in different historical contexts
Fritsch, Michael; Pylak, Korneliusz; Wyrwich, Michael - 2019
Persistence of entrepreneurship over longer periods of time could indicate a culture of entrepreneurship among the … World War II, the relationship between historical and current levels of entrepreneurship is not significant. Persistence of … entrepreneurship is related to the historical success of regions, which we capture by the pre-war level of and self-employment in …
Persistent link: https://www.econbiz.de/10012109748
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The entrepreneurial culture: guiding principles of the self-employed
Noseleit, Florian - 2008
What makes entrepreneurs different? Using a cross-country dataset, this paper explores essential parts of the value system of entrepreneurs in Western European countries by comparing value items of the self-employed to that of the non-self-employed. The self-employed rate values higher that aim...
Persistent link: https://www.econbiz.de/10010263877