Showing 1 - 10 of 13,352
We test whether managerial human capital has a first order effect on the performance and growth of small enterprise in emerging markets. In a randomized control trial in Puebla, Mexico, we randomly assigned 150 out of 432 small and medium size enterprises to receive subsidized consulting...
Persistent link: https://www.econbiz.de/10010548152
study entrepreneurial optimism. Using data on a large number of nascent entrepreneurs in the US and start-ups in Finland, we … and decreasing in entrepreneurs level of education and industry experience in both countries. At least in Finland, those … holding optimistic views are more likely to transit into entrepreneurship. …
Persistent link: https://www.econbiz.de/10010548602
We show how financial and managerial constraints impede experimentation and thus limit learning about the profitability of investments. Imperfect information about one’s own type, but willingness to experiment to learn one’s type, leads to short-run negative expected returns to investments,...
Persistent link: https://www.econbiz.de/10010610688
Many basic economic theories with perfectly functioning markets do not predict the existence of the vast number of microenterprises readily observed across the world. We put forward a model that illuminates why financial and managerial capital constraints may impede experimentation, and thus...
Persistent link: https://www.econbiz.de/10010570695
two findings in combination offer evidence that overconfident individuals self- select into entrepreneurship. …
Persistent link: https://www.econbiz.de/10011067462
between religious beliefs and entrepreneurship. Empirical evidence that entrepreneurship rates differ among religions suggests … that religious beliefs influence the pursuit of entrepreneurship. However, how and which specific religious beliefs play a … entrepreneurship within one specific branch of Christianity, namely, Protestantism. Using a unique sample of 756 Christian protestant …
Persistent link: https://www.econbiz.de/10011067464
We test whether managerial human capital has a first order effect on the performance and growth of small enterprises in emerging markets. In a randomized control trial in Puebla, Mexico, we randomly assigned 150 out of 432 small and medium size enterprises to receive subsidized consulting...
Persistent link: https://www.econbiz.de/10011083751
Many basic economic theories with perfectly functioning markets do not predict the existence of the vast number of microenterprises readily observed across the world. We put forward a model that illuminates why financial and managerial capital constraints may impede experimentation, and thus...
Persistent link: https://www.econbiz.de/10011084680
This Paper works with a broad data sample of Czech voucher-privatized firms during 1996-99. It analyses the development of ownership structure and consequently its effect on a firm's performance Ownership concentration had been quite high in 1996 and steadily increased. The single largest owner...
Persistent link: https://www.econbiz.de/10005788907
This paper contributes to the literature on ownership, control and performance by exploring these relationships for Swedish listed companies (1997-2002). We find that firms, on average, are making inferior investment decisions and that the use of dual-class shares have a negative effect on...
Persistent link: https://www.econbiz.de/10005642406