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We study entrepreneurs' start-up financing from banks and local financiers. An informal network, whose membership … cannot be observed by outsiders, conveys the good signals it gets about the hidden types of network entrepreneurs to local … absence of a network. Thus, the formation of the network is inefficient as entrepreneurs incur networking costs for purely …
Persistent link: https://www.econbiz.de/10010282600
In this paper we try to put together both the dynamics of the endogenous evolution of an industry and the corresponding dynamics on the capital market. The first module of our modelling efforts is the endogenous evolution of the industry based on the micro-behaviour of boundedly rational agents....
Persistent link: https://www.econbiz.de/10010263021
intentions. However, empirical research aimed at establishing the importance of role models for (nascent) entrepreneurs is scarce … completed by a representative sample of 292 entrepreneurs in three major Dutch cities - entrepreneurs who have recently started …
Persistent link: https://www.econbiz.de/10010325670
addition to context-specific contributions, the paper adds originality to the academic entrepreneurship literature by … discussing diversification strategies adopted by academic entrepreneurs, and synergies among academic entrepreneurial activities …
Persistent link: https://www.econbiz.de/10010409441
This paper tests the importance of social contacts on entrepreneurship. To measure differences in the … contacts. These results remain robust after applying matching techniques and concentrating on young entrepreneurs. …
Persistent link: https://www.econbiz.de/10010266664
Persistent link: https://www.econbiz.de/10010299536
firm admits members to its network based on signals about entrepreneurs' types. Network membership is observable, which … allows lenders to offer different interest rates to network and stand-alone entrepreneurs. We show that a network outcome can … display a smaller number of high-type entrepreneurs even though the network is neither nepotistic nor informationally …
Persistent link: https://www.econbiz.de/10010270476
entrepreneurship has been less understood by policy makers. Indeed, so far public policy makers have been concerned with the macro … the role they play as a catalyst of innovation and entrepreneurship. By and large in the research community, the process … innovation and entrepreneurship. Our contributions lie at the macro-meso interface and can shed light on public policy at the …
Persistent link: https://www.econbiz.de/10010309236
and drastic changes in the politic-economic environment. We thus conclude that regional entrepreneurship cultures do exist …
Persistent link: https://www.econbiz.de/10010291827