Narrow search
Showing 1 - 10 of 21,463
Cover Image
Creativity as an integral element of social capital and its role for economic performance
Westlund, Hans; Andersson, Martin; Karlsson, Charlie - Centre of Excellence for Science and Innovation … - 2013
influence on each other. We regard creativity as one of the sources of entrepreneurship and innovation (although creativity also … and values being distributed in them, social capital can promote entrepreneurship and innovation and thus economic growth …, but social capital can have an inhibiting effect on entrepreneurship and innovation. Social capital can contribute to …
Persistent link: https://www.econbiz.de/10010818716
Cover Image
The Wider Economic Impacts of High-Skilled Migrants: A Survey of the Literature
Nathan, Max - Institute for the Study of Labor (IZA) - 2013
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...
Persistent link: https://www.econbiz.de/10010796455
Cover Image
Non-Compete Covenants: Incentives to Innovate or Impediments to Growth
Samila, Sampsa; Sorenson, Olav - DRUID, Copenhagen Business School, Department of … - 2010
We find that the enforcement of non-compete clauses significantly impedes entrepreneurship and employment growth. Based …, and (iii) employment. We address potential endogeneity issues in the supply of venture capital by using endowment returns … regime in promoting entrepreneurship and economic growth. …
Persistent link: https://www.econbiz.de/10008540901
Cover Image
Public policy, entrepreneurship, and venture capital in the United States
Cumming, Douglas; Li, Dan - In: Journal of Corporate Finance 23 (2013) C, pp. 345-367
This paper empirically examines business starts, deaths, venture capital and patents in relation to U.S. public policy. The most consistent evidence in the data shows that lower levels of labor frictions and higher levels of SBIR awards are associated with more business starts and higher levels...
Persistent link: https://www.econbiz.de/10010719631
Cover Image
Patent collateral investor commitment and the market for venture lending
Hochberg, Yael V.; Serrano, Carlos J.; Ziedonis, … - Department of Economics and Business, Universitat … - 2014
The use of debt to finance risky entrepreneurial-firm projects is rife with informational and contracting problems. Nonetheless, we document widespread lending to startups in three innovation-intensive sectors and in early stages of development. At odds with claims that the secondary patent...
Persistent link: https://www.econbiz.de/10010940078
Cover Image
Patent Collateral, Investor Commitment, and the Market for Venture Lending
Hochberg, Yael V.; Serrano, Carlos J.; Ziedonis, … - Barcelona Graduate School of Economics (Barcelona GSE) - 2014
The use of debt to finance risky entrepreneurial-firm projects is rife with informational and contracting problems. Nonetheless, we document widespread lending to startups in three innovation-intensive sectors and in early stages of development. At odds with claims that the secondary patent...
Persistent link: https://www.econbiz.de/10010950598
Cover Image
Evolution of the venture capital financing for growing small and medium enterprises in Central and Eastern Europe countries: the case of Macedonia
Lazarevski, Dimche; Mrsik, Jadranka; Smokvarski, Edi - Volkswirtschaftliche Fakultät, … - 2012
The objective of this paper is to examine and analyze the differences between Venture Capital development in Macedonia and several Central and Eastern Europe countries, to determine the reasons, and hence extract certain conclusions that will serve as a guideline in Macedonia’s venture capital...
Persistent link: https://www.econbiz.de/10011260084
Cover Image
Competition, syndication, and entry in the venture capital market
Hong, Suting - Federal Reserve Bank of Philadelphia - 2013
There are two ways for a venture capital (VC) firm to enter a new market: initiate a new deal or form a syndicate with an incumbent. Both types of entry are extensively observed in the data. In this paper, I examine (i) the causes of syndication between entrant and incumbent VC firms, (ii) the...
Persistent link: https://www.econbiz.de/10010732484
Cover Image
What is the Effect of the Current Financial Crisis on Venture Capital Financing? Empirical Evidence from US Internet Start-ups
Block, Joern; Sandner, Philipp - Volkswirtschaftliche Fakultät, … - 2009
Employing a large dataset regarding venture capital investments in US Internet firms, we analyze the effect of the current financial crisis on the venture capital market. Using regression analysis, we find that the financial crisis led to a 20% decrease in the average amount of funds raised per...
Persistent link: https://www.econbiz.de/10005836075
Cover Image
Labor Regulations and European Private Equity
Bozkaya, ANT; R. Kerr, William - Centre Emile Bernheim, Solvay Brussels School of … - 2009
European nations substitute between employment protection regulations and labor market expenditures (e.g. unemployment … insurance benefits) for providing worker insurance. Employment regulations more directly tax firms making frequent labor …
Persistent link: https://www.econbiz.de/10008544626