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In this paper, I analyse how the survival of new firms is affected by the average ability level in the founding team, the team size, team members' homogeneity with respect to ability, and team members' heterogeneity with respect to education. As a theoretical basis, I apply the O-ring theory...
Persistent link: https://www.econbiz.de/10010298851
Several empirical studies showed that it is not the level of entrepreneurial activity itself, but the (long-term) survival and growth of new firms that determine the direct and indirect contribution of new businesses to regional employment. To this end, the aim of this paper is to analyze the...
Persistent link: https://www.econbiz.de/10011332533
facts and determinants of new firm survival, a new entrepreneurship database was produced, using the administrative data of … comparability, in line with the "Entrepreneurship Indicators Programme" (OECD/Eurostat 2008 and 2009). We thus obtained a specific … application of a recent internationally comparable methodology for entrepreneurship to provide a multidimensional regional …
Persistent link: https://www.econbiz.de/10011332687
The location of new establishments is a major issue from the perspective of economic activity and the analysis of the territory. Although both its determinants and consequences are multiple and complex, most studies are focused on single factors or aggregate approaches. This paper presents an...
Persistent link: https://www.econbiz.de/10011340792
We document two striking facts about U.S. firm dynamics and interpret their significance for aggregate employment dynamics. The first observation is the steady decline in the firm entry rate over the last thirty years, and the second is the gradual shift of employment from younger to older firms...
Persistent link: https://www.econbiz.de/10011340991
There already exists broad literature investigating small and innovative firms in many respects. However, there have been few attempts to assess this group of firms´ propensity to patent or its patenting activities. This paper intends to fill that gap. By applying a new approach to account for...
Persistent link: https://www.econbiz.de/10010323900
This paper analyses the effect of risk attitudes of firm owners on profits among micro and small enterprises (MSEs) in Lagos, Nigeria. Higher risk perceptions are shown to have a significant positive effect on profits, whereas risk propensity has a negative or no effect. Education, age, being...
Persistent link: https://www.econbiz.de/10010325780
This paper reports about a field experiment conducted to estimate the impact of the share of women in business teams on their performance. Teams consisting of undergraduate students in business studies start up a venture as part of their curriculum. We manipulated the gender composition of teams...
Persistent link: https://www.econbiz.de/10010325918
This paper studies the impact of diversity in cognitive ability among members of a team on their performance. We conduct a large field experiment in which teams start up and manage real companies under identical circumstances. Exogenous variation in - otherwise random - team composition is...
Persistent link: https://www.econbiz.de/10010326380
One of the most salient and relevant dimensions of team heterogeneity is ethnicity. We measure the causal impact of ethnic diversity on the performance of business teams using a randomized field experiment. We follow 550 students who set up 45 real companies as part of their curriculum in an...
Persistent link: https://www.econbiz.de/10010326395