Showing 1 - 10 of 318
This study examines causes of black/white gaps in business ownership and self-employmentrates by analyzing small-business entry and exit patterns. We proceed by recognizingheterogeneity in business ownership across different industry groups: a classification of firmsby human- and...
Persistent link: https://www.econbiz.de/10005861422
Aktuelle Studien zur Arbeitssituation in Unternehmen belegen Einzelaspekte wieProduktivitätsverluste, fehlende emotionale Bindung der Mitarbeiter und Defizite imManagementverhalten. Die Thematik wird in dieser Fallstudie in einem interdisziplinärenAnsatz untersucht. Basierend auf dem Modell...
Persistent link: https://www.econbiz.de/10005866100
Using a comprehensive database of European firms, we study how private equityaffects the rate of firm entry. We find that private equity investment benefits newbusiness incorporation, especially in industries with naturally higher entry rates andR&D intensity. A two standard deviation increase...
Persistent link: https://www.econbiz.de/10005866482
Taxes on inheritances may induce heirs to discontinue family firms. Becausefirm dissolution incurs transaction costs, a preferential tax treatment of transferredfamily businesses seems to be desirable from a macroeconomic viewpoint.The support of dynastic succession, however, entails also a cost...
Persistent link: https://www.econbiz.de/10005867429
Entry into an industry often clusters in regions where the industry is already concentrated,which is suggestive of agglomeration economies. Regional public research activities mayexert another attracting force on entrants into science-based industries. Empirically theseproximity effects are...
Persistent link: https://www.econbiz.de/10005867785
In this paper we combine a wide range of country-level institutional indicators with surveydata taken from the Global Enterprise Monitor on potential and actual entrepreneurial entry,to investigate the role of the institutions as determinants of the entrepreneurial entry,controlling for...
Persistent link: https://www.econbiz.de/10005868084
Was the London Stock Exchange (LSE) little more than a Dickensian den of speculation, or did itmake a contribution to industrial development in interwar Britain? The interwar stock marketlaboured under problems of weak disclosure, inadequate investor protection and ineffectiveunderwriting. New...
Persistent link: https://www.econbiz.de/10005870133
The impact of private equity firms on employment in their portfolio companies is a controversial topic widely discussed in academia and in practice in recent years. A large body of research has resulted from this debate. The studies are focused on different aspects of employment and are based on...
Persistent link: https://www.econbiz.de/10005870225
Goal structures in family firms seems of particular interest to the field as the overall orientation and the objectives of family firms are determined in an area of potential conflict between the two subsystems of firm and family. We asked shareholders of German family firms to rate the...
Persistent link: https://www.econbiz.de/10005870232
Using a new dataset encompassing more than 2,200 inventions made by Max Planck Societyresearchers from 1980 to 2004, we explore how licensee and technology characteristics affectthe licensing and commercialization of technologies from public research. We find noevidence that spin-offs and...
Persistent link: https://www.econbiz.de/10009022149