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This chapter is concerned with the ‘new’ world of information technology and knowledge intensity. This is a world marked by big investments in R&D, different cost structures and significantly changed demand conditions. You should read this chapter in conjunction with Chapter 19, which deals...
Persistent link: https://www.econbiz.de/10011260034
This paper tests whether the academic achievement is a significant determinant of the employment status in the Italian labor market: are the new entrepreneurs selected from the top or bottom end of the graduates ability distribution? Is the cream of the graduate crop pulled into self-employment...
Persistent link: https://www.econbiz.de/10005836538
Between 5000 BCE and 1800, the population of the world grew 120-fold despite constraints on the total amount of land available for production. This paper develops a model linking population growth to increasing productivity driven by random innovation and diffusion. People are endowed with a set...
Persistent link: https://www.econbiz.de/10005837089
The paper presents the analysis of recent developments of Schumpeterian theory of entrepreneurship and innovation in light of evolutionary economics.
Persistent link: https://www.econbiz.de/10011212782
recruitment, selection and industry/employee relation in Pakistan. In the end some conclusions are made in reference to the …
Persistent link: https://www.econbiz.de/10011251880
This paper provides empirical evidence of advantageous selection in insurance markets. By using a novel insurance … setting where moral hazard is not a concern, I am able to overcome an important obstacle in most studies of selection: the … inability to distinguish moral hazard from selection. In the US market for area yield crop insurance, payouts are based on …
Persistent link: https://www.econbiz.de/10011258574
, traditional Ordinary Least Square estimates may be biased by selection problems and mix-ups of age group heterogeneity. Hence, we … estimate the marginal effects of schooling with the increasing labour markets experience, using the Heckman Selection Model. We …
Persistent link: https://www.econbiz.de/10011258797
The personality traits which include physical appearance in particular always matter once an organization goes for hiring new entrants. The principal point of this study is to comprehend the relationship of a candidate's physical appearance, qualification, dressing style, attractive...
Persistent link: https://www.econbiz.de/10011259768
in the Chinese stock market during 2003-2008. Acquisition decision is the selection and coordination process of … shareholders and concentration of tradable share (TS) in China. We use Heckman selection model to surmount the selection biases in … selection and coordination process of acquisition decision. Second, we investigate whether institutional shareholders could …
Persistent link: https://www.econbiz.de/10011260244
The returns to entrepreneurship are monetary and non-monetary. We offer new evidence on these returns using a large sample of genetically identical male twins. Our within-twin analysis suggests that OLS estimates are downwards, and traditional first-differenced panel data estimates upwards...
Persistent link: https://www.econbiz.de/10008924822