Gries, Thomas; Jungblut, Stefan; Naudé, Wim - United Nations University-Maastricht Economic Research … - 2012
We propose that the rate of creation and failure of new firm start-ups can be modelled as a search and matching process, as in labor market matching models. Deriving a novel Entrepreneurship-Beveridge curve, we show that a successful start-up depends on the efficiency with which entrepreneurial...