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characterized by different growth regimes in which new firms and entrepreneurship assume different roles and accordingly lead to … durch unterschiedliche Wachstumsregime gekennzeichnet sind in denen Gründungen und Entrepreneurship unterschiedliche Rollen …
Persistent link: https://www.econbiz.de/10009207023
In our analysis of the impact of new firm formation on regional employment change we identified considerable time lags. We investigated the structure and extent of these time lags by applying the Almon lag model and found that new firms can have both a positive and a negative effect on regional...
Persistent link: https://www.econbiz.de/10009207045
We investigate the impact of new business formation on regional employment. The main effects occur after a considerable time lag. Obviously, a large part of the effect is not due to job creation by the newcomers but rather is of indirect nature. This implies that a large part of the debate about...
Persistent link: https://www.econbiz.de/10009207052
entrepreneurship. These factors also seem to be responsible for changes in the level of regional new business formation. In addition … Innovationsaktivitäten und von Entrepreneurship stellen geeignete Ansatzpunkte für eine Politik dar, die auf eine Steigerung der …
Persistent link: https://www.econbiz.de/10009207056
This paper estimates an unobserved components model to explore the macro dynamics of entrepreneurship in Spain and the … US. We ask whether entrepreneurship exhibits hysteresis, defined as a macro dynamic structure in which cyclical … fluctuations have persistent effects on the natural rate of entrepreneurship. We find evidence of hysteresis in Spain, but not the …
Persistent link: https://www.econbiz.de/10005233799
We study the effects of investor protection on the availability of external finance, entrepreneurship, and creation of … surplus between entrepreneurs and financiers. The results indicate that anything that increases (decreases) entrepreneurship …
Persistent link: https://www.econbiz.de/10005207158
The reasons why small business development has been disappointing in Russia compared with other transition countries such as Poland and the Czech Republic are here analyzed. It is, however, suggested that the picture may not be so gloomy as official statistics suggest. As far as St. Petersburg...
Persistent link: https://www.econbiz.de/10005207905
We use household survey data to construct a direct measure of absolute risk aversion based on the maximum price a consumer is willing to pay to buy a risky asset. We relate this measure to a set of consumers' decisions that in theory should vary with attitude towards risk. We find that elicited...
Persistent link: https://www.econbiz.de/10005328916
on the measurement of returns to entrepreneurship - both financial and human capital - can yield sizeable benefits for … research and policy on entrepreneurship. Accurate measurement of returns to all the resources invested in entrepreneurial …
Persistent link: https://www.econbiz.de/10005082456
This paper contrasts the determinants of entrepreneurial entry and high-growth aspiration entrepreneurship. Using the … Global Entrepreneurship Monitor (GEM) surveys for 42 countries over the period 1998-2005, we analyse how institutional … entrepreneurship, but has less pronounced effects for entrepreneurial entry. The availability of finance and the fiscal burden matter …
Persistent link: https://www.econbiz.de/10005015496