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The knowledge spillover theory of entrepreneurship seeks to explain the fundamentals and consequences of … entrepreneurship with respect to economic performance. This paper uses the knowledge spillover theory to explain different innovation … outcomes. We hypothesize that a high rate of entrepreneurship facilitates the process of turning knowledge into new …
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Education is a well-known driver of (entrepreneurial) income. The measurement of its influence, however, suffers from endogeneity suspicion. For instance, ability and occupational choice are mentioned as driving both the level of (entrepreneurial) income and of education. Using instrumental...
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Entrepreneurship has a cyclical component, raising two questions. Is the entrepreneurship cycle related to the business … cycle? And is there causality? A twoway relationship between entrepreneurship and the business cycle would be in line with … the two faces of entrepreneurs: as agents of change creating upswings (opportunity entrepreneurship) and as rational …
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covariates to differ across the various entrepreneurial engagement levels. Data from two Entrepreneurship Flash Eurobarometer …
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The relationship between entrepreneurship, measured by fluctuations in the business ownership rate, and unemployment in … different exogenous shocks as compared to other OECD countries, the effects of entrepreneurship on unemployment are not distinct …
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This note investigates the impact of changes in the number of business owners on three measures of economic performance, viz. employment growth, GDP growth and labor productivity growth. Particular attention is devoted to the lag structure. The analysis is performed at the country level for 21...
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