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Connective Capital as Social Capital : The Value of Problem-Solving Networks for Team Players in Firms
Ichniowski, Casey - 2009
Traditional human capital theory emphasizes a worker's investment in knowledge. However, when a worker is faced with day-to-day problems on the job, the solutions to the problems often require more knowledge from a team of experts within the firm. When a worker taps into the knowledge of...
Persistent link: https://www.econbiz.de/10012463031
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The Governance of the New Enterprise
Rajan, Raghuram G. - 2000
The changing nature of the corporation forces us to re-examine much of what we take for granted in corporate governance. What precisely is the entity that is being governed? How does the governance system obtain power over it, and what determines the division of power between various...
Persistent link: https://www.econbiz.de/10012470778
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Not-For-Profit Entrepreneurs
Glaeser, Edward L. - 1998
Entrepreneurs who start new firms may choose not-for-profit status as a means of committing to soft incentives. Such incentives protect donors, volunteers, consumers and employees from ex post expropriation of profits by the entrepreneur. We derive conditions under which completely...
Persistent link: https://www.econbiz.de/10012472003
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Selection into Entrepreneurship and Self-Employment
Levine, Ross - 2018
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
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Public Knowledge, Private Knowledge : The Intellectual Capital of Entrepreneurs
Link, Albert - 2009
This paper focuses on the innovative actions of entrepreneurs, namely their tendency to reveal the intellectual capital that results from their research efforts either in the form of public knowledge (publications) or private knowledge (patents). Using data collected by the National Research...
Persistent link: https://www.econbiz.de/10012463850
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Does Individual Performance Affect Entrepreneurial Mobility? Empirical Evidence from the Financial Analysis Market
Groysberg, Boris - 2007
established by non-star analysts. Extending traditional theories of entrepreneurship and labor mobility, our results also suggest … that drivers of turnover vary by destination: (a) turnover to entrepreneurship and (b) other turnover. In contrast to … turnover to entrepreneurship, star analysts are less likely to move to other firms than non-star analysts …
Persistent link: https://www.econbiz.de/10012465006
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Financial Capital, Human Capital, and the Transition to Self-Employment : Evidence from Intergenerational Links
Dunn, Thomas - 1996
The environment for business creation is central to economic policy, as entrepreneurs are believed to be forces of innovation, employment and economic dynamism. We use data from the National Longitudinal Surveys (NLS) to investigate the relative importance of financial and human capital...
Persistent link: https://www.econbiz.de/10012473223
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Dinner Table Human Capital and Entrepreneurship
Hvide, Hans K. - 2018
We document three new facts about entrepreneurship. First, a majority of male entrepreneurs start a firm in the same or …
Persistent link: https://www.econbiz.de/10012453515
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In Search of New Foundations
Zingales, Luigi - 2000
In this paper I argue that corporate finance theory, empirical research, practical applications, and policy recommendations are deeply rooted in an underlying theory of the firm. I also argue that while the existing theories have delivered very important and useful insights, they seem to be...
Persistent link: https://www.econbiz.de/10012471055
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The Visible Hand, the Invisible Hand and Efficiency
Goldman, Eitan - 2000
When a firm forms a market closes. Resources that were previously allocated via the price system are allocated by managerial authority within the firm. We explore this choice of organizational form using a model of price formation in which agents negotiate prices on behalf of their principals...
Persistent link: https://www.econbiz.de/10012471182