Showing 1 - 10 of 412
We analyze the activities of an entrepreneur who must, at each date, decide whether to search for a new production technique or to produce output with an extant technique. Our analysis leads to four results. First, we show that if our entrepreneur rejects a particular production technique at a...
Persistent link: https://www.econbiz.de/10013141161
We analyze the activities of an entrepreneur who must, at each date, decide whether to search for a new production technique or to produce output with an extant technique. Our analysis leads to four results. First, we show that if our entrepreneur rejects a particular production technique at a...
Persistent link: https://www.econbiz.de/10013152988
Persistent link: https://www.econbiz.de/10009673887
We analyze a two-period signaling model in which a representative entrepreneur in a regional economy has a project that generates a random cash flow and that requires investment that the entrepreneur raises from a competitive market. The project's type is known to the entrepreneur but not to the...
Persistent link: https://www.econbiz.de/10013118891
We analyze a two-period signaling model in which a representative entrepreneur in a regional economy has a project that generates a random cash flow and that requires investment that the entrepreneur raises from a competitive market. The project’s type is known to the entrepreneur but not to...
Persistent link: https://www.econbiz.de/10014041220
We discuss a prospective, theoretical research agenda about the connections between entrepreneurship, innovation, and … multi-regional economic growth and welfare. This agenda advocates the use of endogenous economic growth theory and advances … in new economic geography to analyze models that will shed light on the effects of innovative entrepreneurship on …
Persistent link: https://www.econbiz.de/10014136238
We discuss a prospective, theoretical research agenda about the connections between entrepreneurship, innovation, and … multi-regional economic growth and welfare. This agenda advocates the use of endogenous economic growth theory and advances … in new economic geography to analyze models that will shed light on the effects of innovative entrepreneurship on …
Persistent link: https://www.econbiz.de/10013059758
We provide the first theoretical analysis of a one-sector, discrete-time, Schumpeterian model of growth in a regional economy in which consumers are risk neutral, there is no population growth, monopolistic entrepreneurs produce intermediate goods, and a single consumption good is produced...
Persistent link: https://www.econbiz.de/10013125332
The authors provide the first theoretical analysis of a one-sector, discreet-time, Schumpeterian model of growth in a regional economy in which consumers are risk neutral, there is no population growth, monopolistic entrepreneurs produce intermediate goods, and a single consumption good is...
Persistent link: https://www.econbiz.de/10013036529
We analyze how a permanent shift in political power in a region that is creative a la Richard Florida affects tax policy and economic outcomes. There are three groups of individuals in our region: laborers or workers, creative class members or entrepreneurs, and the elites. The elites initially...
Persistent link: https://www.econbiz.de/10015394586