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Demography and innovative entrepreneurship
Bönte, Werner; Falck, Oliver; Heblich, Stephan - 2007
Demographic change will be one of the major challenges for economic policy in the developed world in the next decades. In this article, we analyze the relationship between age structure and the number of startups. We argue that an individual's decision to start a business is determined by his or...
Persistent link: https://www.econbiz.de/10010263837
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Demography and Innovative Entrepreneurship
Bönte, Werner; Falck, Oliver; Heblich, Stephan - Wirtschaftswissenschaftliche Fakultät, … - 2007
Demographic change will be one of the major challenges for economic policy in the developed world in the next decades. In this article, we analyze the relationship between age structure and the number of startups. We argue that an individual's decision to start a business is determined by his or...
Persistent link: https://www.econbiz.de/10005090571
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Demography and Innovative Entrepreneurship
Bönte, Werner; Falck, Oliver; Heblich, Stephan - Max-Planck-Institut für Ökonomik <Jena> - 2007
Demographic change will be one of the major challenges for economic policy in the developed world in the next decades. In this article, we analyze the relationship between age structure and the number of startups. We argue that an individual's decision to start a business is determined by his or...
Persistent link: https://www.econbiz.de/10005864516
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Nascent Entrepreneurs, Innovation and Financing Constraints
Audretsch, David B.; Bönte, Werner; Mahagaonkar, Prashanth - DRUID, Copenhagen Business School, Department of … - 2007
Innovative nascent entrepreneurs face the problem of obtaining finance, mainly due to information problems. We use new data on capital seeking start-ups allowing distinction between planning stage and early stage. Being innovative does not affect the probability of having external finance in the...
Persistent link: https://www.econbiz.de/10005839210
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Collaborative innovation blocs and antifragility
Elert, Niklas; Henrekson, Magnus - In: Journal of institutional economics 16 (2020) 4, pp. 537-552
Persistent link: https://www.econbiz.de/10012240961
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Entrepreneurship and regulatory voids : the case of ridesharing
Deerfield, Amanda; Elert, Niklas - In: Entrepreneurship theory and practice : ET&P 47 (2023) 5, pp. 1568-1593
Persistent link: https://www.econbiz.de/10014325112
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Entrepreneurship and regulatory voids : the case of ridesharing
Deerfield, Amanda; Elert, Niklas - 2022
Formal institutions, e.g., regulations, are considered crucial determinants of entrepreneurship, but what enables regulatory change when there is a regulatory void, meaning entrepreneurship clashes with existing regulations? Drawing on public choice theory, we hypothesize that regulatory freedom...
Persistent link: https://www.econbiz.de/10013175457
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Financial signaling by innovative nascent ventures: The relevance of patents and prototypes
Audretsch, David B.; Bönte, Werner; Mahagaonkar, Prashanth - In: Research Policy 41 (2012) 8, pp. 1407-1421
External finance is a central issue for innovative nascent ventures. In this study, we argue that innovative nascent ventures may use patents to signal appropriability and prototypes to signal feasibility to potential investors. Using new data on 906 nascent ventures, we find that nascent...
Persistent link: https://www.econbiz.de/10011046471
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Evasive Entrepreneurship and Institutional Change
Elert, Niklas; Henrekson, Magnus - Institutet för Näringslivsforskning (IFN) - 2014
In this paper, we argue that evasive entrepreneurship is an important source of innovation in the economy. Institutions …
Persistent link: https://www.econbiz.de/10011074887
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Exploration and exploitation: the role of entrepreneurship and R&D in the process of innovation
Keilbach, Max; Sanders, Mark - 2007
We formulate a model that explicitly separates two functions in the innovation process: The introduction of new goods … stable non trivial allocation of labor to production, innovation and entrepreneurship. We compute the steady state allocation … of labor to production, R&D and Entrepreneurship. We show that the innovation rate decreases if one of the innovative …
Persistent link: https://www.econbiz.de/10010263851