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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 article investigates empirically whether and to what extent initial capital constraints hinder entrepreneurial performance once the venture has been started. Prior empirical research in this area could investigate this issue only indirectly by lack of data. The key contribution of this...
Persistent link: https://www.econbiz.de/10010325072
entrepreneurs from the Netherlands provides broad support for the theory; implications for policy-makers concerned about the …
Persistent link: https://www.econbiz.de/10010325359
continues with a study on entrepreneurship and innovation in the Netherlands in an international and historical perspective …What is meant by entrepreneurship, innovation and economic growth is often not clear or very idiosyncratic. This paper … starts with a discussion of the nature of entrepreneurship and its relation to innovation. The second section provides an …
Persistent link: https://www.econbiz.de/10010263861
the entrepreneur. In his paper he argues that Schumpeter's concept of entrepreneurship changed over time, illustrates the …
Persistent link: https://www.econbiz.de/10010291109
Determinacy of equilibrium under the original, the backward-looking, the forward-looking and the hybrid Phillips curves is examined. If the monetary authority keeps the nominal money stock to be constant, the equilibrium path is always determinate under the original Phillips curve and the...
Persistent link: https://www.econbiz.de/10010332226
We investigate the impact of new business formation on regional employment. The main effects occur after a considerable time lag. Obviously, a large part of the effect is not due to job creation by the newcomers but rather is of indirect nature. This implies that a large part of the debate about...
Persistent link: https://www.econbiz.de/10010305657
characterized by different growth regimes in which new firms and entrepreneurship assume different roles and accordingly lead to … durch unterschiedliche Wachstumsregime gekennzeichnet sind in denen Gründungen und Entrepreneurship unterschiedliche Rollen …
Persistent link: https://www.econbiz.de/10010305674
entrepreneurship. These factors also seem to be responsible for changes in the level of regional new business formation. In addition … Innovationsaktivitäten und von Entrepreneurship stellen geeignete Ansatzpunkte für eine Politik dar, die auf eine Steigerung der …
Persistent link: https://www.econbiz.de/10010305676
In our analysis of the impact of new firm formation on regional employment change we identified considerable time lags. We investigated the structure and extent of these time lags by applying the Almon lag model and found that new firms can have both a positive and a negative effect on regional...
Persistent link: https://www.econbiz.de/10010305680