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Entrepreneurial exit in real and imagined markets

Stam, Erik; Thurik, Adriaan R.; Zwan, Peter van der - 2009 - Version: October 2009

Entrepreneurs exit their business due to selection mechanisms experienced in the market place. Next to this well known ex-post decision to exit, entrepreneurs select ex-ante whether they are willing to pursue an entrepreneurial career at all, or to give up these entrepreneurial intentions. This...

Persistent link: https://www.econbiz.de/10011374393

The role of R&D in new firm growth

Stam, Erik; Wennberg, Karl - 2009

Innovative start-ups are an important driver of economic growth. This article presents empirical evidence on the … effects of R&D on new product development, inter-firm alliances and employment growth during the early life course of firms …. We use a dataset that contains a sample of new firms that is representative for the whole population of start-ups. This …

Persistent link: https://www.econbiz.de/10003803128

Is productive entrepreneurship getting scarcer? : a reflection on the contemporary relevance of Baumol's typology

Minniti, Maria; Naudé, Wim; Stam, Erik - 2023

We review Baumol's typology of productive, unproductive and destructive entrepreneurship. We argue that the typology is relevant for explaining the secular decline in business dynamics. To the existing explanations for this decline, we put forward the thesis that entrepreneurship has become less...

Persistent link: https://www.econbiz.de/10014335837