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where adverse selection problems between entrepreneurs, venture capitalists and incumbents are present. We show that as …
Persistent link: https://www.econbiz.de/10010320264
We investigate the manifold posed question: To what extent does investment in human and social capital, besides the effect of talent, enhance entrepreneurial performance? We distinguish between three different performance measures: survival, profits, and generated employment. On the basis of the...
Persistent link: https://www.econbiz.de/10010324773
This paper examines the use of social capital in the venture creation process. We compare solo entrepreneurs (n=182 … its effects on firm performance. Our results reveal that solo entrepreneurs and new venture teams do not differ in their … find that weak ties assist solo entrepreneurs and have positive significant effects on new venture performance. For team …
Persistent link: https://www.econbiz.de/10010271190
In recent years, the economics of migration literature has shown a substantial growth in papers exploring host country impacts beyond the labour market. Specifically, researchers have begun to shift their attention from labour market and fiscal changes, towards exploring what we might call "the...
Persistent link: https://www.econbiz.de/10011586008
Using a comprehensive database of European firms, we study how private equity affects the rate of firm entry. We find that private equity investment benefits new business incorporation, especially in industries with naturally higher entry rates and R&D intensity. A two standard deviation...
Persistent link: https://www.econbiz.de/10011605124
When and how do entrepreneurs sell their inventions? To address this issue, we develop an endogenous entry …
Persistent link: https://www.econbiz.de/10011917062
External finance is central for nascent entrepreneurs, people in the process of starting new ventures. We argue that … nascent entrepreneurs use patents and prototypes in order to signal their ability to appropriate the returns from their … innovation as well as the project´s feasibility. Our analysis of 900 nascent entrepreneurs finds that patents and prototypes …
Persistent link: https://www.econbiz.de/10010266651
orientated towards the demand side. This is because experienced entrepreneurs with superior skills in terms of judging the …
Persistent link: https://www.econbiz.de/10011430928
The purpose of this study is to present a unique database on commercialized patents and to illustrate how it can be used to analyze the commercialization process of patents. The dataset is based on a survey of Swedish patents owned by inventors and small firms with a remarkably high response...
Persistent link: https://www.econbiz.de/10012615417
increase the price for basic innovations, thereby triggering more basic innovations by entrepreneurs. Consequently, the …
Persistent link: https://www.econbiz.de/10010320055