Showing 1 - 10 of 23
This paper investigates the variation in entrepreneurship across cities of the Commonwealth of Independent States … suggest that banking reform facilitates entrepreneurship, whereas the size of the state discourages it. Our results confirm a … U-shaped relationship between per-capita income and entrepreneurship. We also find that cities with higher concentration …
Persistent link: https://www.econbiz.de/10011435311
Many governments promote small businesses for the dual reasons of fostering 'breakthrough' innovations and employment growth. In this paper we study the effects of tax and subsidy policies on entrepreneurs' choice of riskiness of an innovation project and on their mode of commercializing the...
Persistent link: https://www.econbiz.de/10010320415
The vast majority of firms in developing economies are micro and small enterprises owned by families whose members also provide the labour to the units. Often, they fail to grow in size even with the relaxation of credit constraints. In this paper, we show that frictions in the labour market...
Persistent link: https://www.econbiz.de/10010283965
Using internal data of a leasing company in Germany, we examine the determinants of the probability and use of leasing by small firms. We find that small and young firms are likely to be constrained on the leasing market but use leasing to increase their debt capacity. Beyond contract- and...
Persistent link: https://www.econbiz.de/10010319296
We investigate the manifold posed question: To what extent does investment in human and social capital, besides the effect of talent, enhance entrepreneurial performance? We distinguish between three different performance measures: survival, profits, and generated employment. On the basis of the...
Persistent link: https://www.econbiz.de/10010324773
This paper identifies the specific external barriers to SME development in Lithuania. An analysis of 332 SME owners reveals that formal barriers (taxes, frequent changes to and ambiguity of tax policies) and environmental barriers (low purchasing power, lack of funds for business investment)...
Persistent link: https://www.econbiz.de/10010324781
Little empirical evidence provides insight in person-oriented drivers of business survival and success of small business owners. In this paper I perform a duration analysis of business survival amongst young white (selfemployed) small business owners in the U.S. Compulsory exits are...
Persistent link: https://www.econbiz.de/10010325065
This paper analyses the effect of risk attitudes of firm owners on profits among micro and small enterprises (MSEs) in Lagos, Nigeria. Higher risk perceptions are shown to have a significant positive effect on profits, whereas risk propensity has a negative or no effect. Education, age, being...
Persistent link: https://www.econbiz.de/10010325780
extensive research. This paper focuses on an area of entrepreneurship which has received relatively little attention in the …-based entrepreneurship (KBE), or new firm creation in industries considered to be science-based or to use research and development (R …
Persistent link: https://www.econbiz.de/10011430842
extensive research. This paper focuses on an area of entrepreneurship which has received relatively little attention in the …-based entrepreneurship (KBE), or new firm creation in industries considered to be science-based or to use research and development (R …
Persistent link: https://www.econbiz.de/10011430845