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demand, and use it to interpret changes in US employment over the recent past. At the center of our framework is the … slower growth of employment over the last three decades is accounted for by an acceleration in the displacement effect …
Persistent link: https://www.econbiz.de/10012001461
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advantage in the most complex tasks relative to capital, and because the wages of the least skilled workers are sufficiently low … relative to their productivity and the effective cost of capital in low-complexity tasks. Minimum wages and other sources of … higher wages at the bottom make interior automation less likely. Starting with interior automation, a reduction in the cost …
Persistent link: https://www.econbiz.de/10014496402
Are firms born Global? Because knowledge spillovers that lead to new venture creation are geographically constrained we believe that firms are born local. It follows that the decision to create sustainable new ventures is independent from the decision to internationalize, even if that is the...
Persistent link: https://www.econbiz.de/10014048296
This paper introduces a new concept in addition to the traditional measures of stocks of capital, labor, human capital and knowledge, to understand the Solow Residual: National Entrepreneurial Ecosystem (NEE). The NEE construct is based on a methodology that combines institutions and human...
Persistent link: https://www.econbiz.de/10010438892
; innovation ; finance ; policy ; leveraged startups …
Persistent link: https://www.econbiz.de/10003766004
This paper constructs a Global Entrepreneurship Index (GEINDEX) that captures the contextual feature of entrepreneurship across countries. We find the relationship between entrepreneurship and economic development to be mildly S-shaped not U-shaped or L-shaped. Our findings suggest moving away...
Persistent link: https://www.econbiz.de/10003824122
Entrepreneurship is considered to be an important mechanism for economic development through employment, innovation and … of the papers. -- entrepreneurship ; economic development ; startups public policy …
Persistent link: https://www.econbiz.de/10003824209
The purpose of this paper is to examine the existence of cross-level moderating effects between national appropriability conditions, individual level predictors and entrepreneurial growth aspirations. We test a multi-level model that connects the determinants of strategic resource allocation...
Persistent link: https://www.econbiz.de/10003882956