Showing 1 - 10 of 41
Recycling waste from used goods can substitute for scarce raw materials and reduce resource dependence. This paper presents a model of waste collection, recycling and final goods production using raw and recycled materials. Non-recycled waste must be safely stored by landfill to avoid...
Persistent link: https://www.econbiz.de/10014377527
A venture capitalist faces a trade-off between the extent of managerial advice allocated to each start-up and the total number of firms advised. Diminishing returns to advice per firm call for a larger portfolio. As advice gets diluted, further expansion of the portfolio eventually becomes...
Persistent link: https://www.econbiz.de/10010314982
Start-up entrepreneurs are often commercially inexperienced. In giving managerial advice, venture capitalists can importantly enhance the success of innovative but highly risky ventures. The supply of experienced venture capitalists is not easily increased, however. When the rate of business...
Persistent link: https://www.econbiz.de/10010315238
Firms are heterogeneous in size, productivity, ownership concentration, governance, financial structure and other dimensions. This paper introduces a stylized theoretical framework to account for such differences and to explain the heterogeneous tax sensitivity of firm-level investments across...
Persistent link: https://www.econbiz.de/10011381913
Bei dem so genannten "Job-Gipfel" hat sich die Bundesregierung mit Spitzenvertretern der Opposition auf Steuererleichterungen für Unternehmen geeinigt. Nach Ansicht von Jürgen R. Thumann, BDI, werden Steuerentlastungen zu mehr Investitionen und Arbeitsplätzen führen, denn "sie sind als...
Persistent link: https://www.econbiz.de/10011692291
Start-up entrepreneurs are often commercially inexperienced. In giving managerial advice, venture capitalists can importantly enhance the success of innovative but highly risky ventures. The supply of experienced venture capitalists is not easily increased, however. When the rate of business...
Persistent link: https://www.econbiz.de/10005405948
A venture capitalist faces a trade-off between the extent of managerial advice allocated to each start-up and the total number of firms advised. Diminishing returns to advice per firm call for a larger portfolio. As advice gets diluted, further expansion of the portfolio eventually becomes...
Persistent link: https://www.econbiz.de/10005416459
The existing literature in both public economics and financial economics often fails to consider how appropriate and effective public policy may be in promoting the venture capital industry. Public economics has dealt extensively with the effect of taxes and subsidies but has neglected the...
Persistent link: https://www.econbiz.de/10004973253
Firms are heterogeneous in size, productivity, ownership concentration, governance, financial structure and other dimensions. This paper introduces a stylized theoretical framework to account for such differences and to explain the heterogeneous tax sensitivity of firm-level investments across...
Persistent link: https://www.econbiz.de/10010888097
This paper develops a theoretical model of multinational firms with an internal capital market. Main reasons for the emergence of such a market are tax avoidance through debt shifting and the existence of institutional weaknesses and financial frictions across host countries. The model serves to...
Persistent link: https://www.econbiz.de/10010785588