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The paper investigates whether the impact of regulations on entrepreneurship depends on corruption. We first test whether regulations robustly deter firm entry into the markets. Our results show that some regulations are indeed important determinants of entrepreneurial activity. Specifically,...
Persistent link: https://www.econbiz.de/10010277758
management, this article also proves that international differences between SMEs exist. Implications & Recommendations: The …
Persistent link: https://www.econbiz.de/10014231712
This paper focuses on the pre-establishment period of start-ups in industrial districts. The industrial architecture is what I call a "rationed agglomeration" in which some entrepreneurs gather around an established firm while other entrepreneurs in the same business stand alone. In a rationed...
Persistent link: https://www.econbiz.de/10010297842
This article examines to what extent recent empirical evidence can collectively and systematically substantiate the claim that entrepreneurship has important economic value. Hence, a systematic review is provided that answers the question: What is the contribution of entrepreneurs to the economy...
Persistent link: https://www.econbiz.de/10010325306
entrepreneur hires a worker, whose effort is necessary for running a project. The worker\'s effort determines the probability that … entrepreneur would pay out a smaller wage if he could commit to terminate the project if a delay occurs, but this threat is not …
Persistent link: https://www.econbiz.de/10010330018
The aim of this conceptual paper is to study the origin of the entrepreneur's function. We examine the construction of … the entrepreneur's 'resource potential' (the set of knowledge, relations and financial resources gathered together by the … entrepreneur) and the role of the socio-economic background in this matter. The 'organic square of entrepreneurship' (resource …
Persistent link: https://www.econbiz.de/10011540247
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/10012005891
Research shows that most ventures fail, yet it has devoted limited attention to the consequences of entrepreneurs’ past failure for investors’ decisions. Our motivating insight is that failure can be due to bad luck, lack of skill or both. Therefore, failure conveys ambiguous information...
Persistent link: https://www.econbiz.de/10011819478
We view the entrepreneur as an agent who possesses human capital in the form of specific skills or talents. When she … starts a firm, her human capital is essential to the firm and it has substantial private value. The entrepreneur transforms …
Persistent link: https://www.econbiz.de/10010264321
We study a model of network formation and start-up financing with endogenous entrepreneurial type distribution. A hub firm admits members to its network based on signals about entrepreneurs' types. Network membership is observable, which allows lenders to offer different interest rates to...
Persistent link: https://www.econbiz.de/10010270476