Showing 1 - 10 of 590
entrepreneurship which identifies survival with performance. Instead, many entrepreneurs aim for a cash-out (IPO or acquisition …We analyze how entrepreneurial opportunity cost conditions performance. We depart from the literature on … entrepreneurial performance …
Persistent link: https://www.econbiz.de/10012463117
This paper argues that a large component of success in entrepreneurship and venture capital can be attributed to skill … further support for the role of skill in both entrepreneurship and venture capital …
Persistent link: https://www.econbiz.de/10012466069
How should theory-based entrepreneurs search for strategies to implement their ideas? The theory-based view of strategy posits that decision-makers hold theories about their environment premised on beliefs that should be actively tested. This causal framework, which underlies the theory-based...
Persistent link: https://www.econbiz.de/10014528358
This paper empirically investigates the possible market power effects of vertical integration proposed in the theoretical literature on vertical foreclosure. It uses a rich data set of cement and ready-mixed concrete plants that spans several decades to perform a detailed case study. There is...
Persistent link: https://www.econbiz.de/10012465762
performance of founders who become venture capitalists (VCs). We find that nearly 7% of VCs were previously founders of a venture … higher deal quality does not explain the entire difference in performance. Using an instrumental variables approach to …
Persistent link: https://www.econbiz.de/10013191001
well as for recent start-ups and for every level of the entrepreneur's education. The size of the estimated immigrant …
Persistent link: https://www.econbiz.de/10012479519
This paper estimates the effect of relaxing the social insurance mandate on entrepreneurial activity. We use a unique discontinuity in Finland that allows certain entrepreneurs not to pay social insurance contributions on their income. Using rich administrative data, we find that relaxing the...
Persistent link: https://www.econbiz.de/10012479602
, Taobao, to study the impact of RAE on the propensity to become an entrepreneur. Using events surrounding the Cultural … identify the RAE effects. The youngest students are 5.4% less likely to become an entrepreneur compared to the oldest within …
Persistent link: https://www.econbiz.de/10012480969
We study the effects of ability and liquidity constraints on entrepreneurship. We develop a three sector Roy model that … on entry into entrepreneurship. The model predicts--and the data confirm--that entrepreneurs are positively selected on … positively selected on collateral, but other self-employed are not; and entrepreneurship is procyclical, but self-employment is …
Persistent link: https://www.econbiz.de/10012481000
The paper studies the factors which shape entrepreneurship among young adults. It finds, using data on a British birth …
Persistent link: https://www.econbiz.de/10012475785