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period 1992–2007. The contributions of this paper are twofold. First, we analyze both entry and exit, identifying and … and entry modes shape the post-entry dynamics of nascent business owners. By differentiating between different entry and … determinants of entrepreneurial survival. Our results suggest that different exit modes can be predicted by business owners’ entry …
Persistent link: https://www.econbiz.de/10011241907
We develop a model of endogenous lobby formation in which wealth inequalityand political accountability undermine entry … earned withless competition. Entry and investor protection improve when wealth distribu-tion becomes less unequal, and the … greater accountability is associated with higher entry in sectors that are more dependent on external capital and have greater …
Persistent link: https://www.econbiz.de/10011256172
Firm entry and exit flows in the retailing and consumer services may be viewed as market equilibrating processes. Local … markets with considerable market room and high unemployment ought to be characterized by high subsequent entry rates and low … results for a range of selected industries in 563 Belgian municipalities. We show that, over a three-year period, (net) entry …
Persistent link: https://www.econbiz.de/10009353630
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 impact of entry on VC contract terms and survival rates of VC …’s expertise increases. I find that entry increases the likelihood of survival for incumbent-backed start-up companies while …
Persistent link: https://www.econbiz.de/10010732484
, taking into account their entry routes and how such entry choices impact on their persistence in the firm. Exits by …. Business-owners' entry choices significantly affect their post-entry persistence and exit modes. Particular experiences in the …
Persistent link: https://www.econbiz.de/10010842579
We assess the impact of merger policy on entry and entrepreneurship. When faced with uncertainty about its prospects … provides a valuable exit route. By facilitating exit and thus raising the value of entry, more lenient merger policy may … stimulate entry sufficiently that welfare is increased overall. We calculate the optimal merger policy in the form of a low, but …
Persistent link: https://www.econbiz.de/10011048620
By allowing agents to switch from entrepreneurship to wage work and vice versa over the life cycle, this study proposes a dynamic Jacks-of-All-Trades (JAT) model where entrepreneurs invest in highly varied skills to manage their business. We simultaneously endogenize human capital investment and...
Persistent link: https://www.econbiz.de/10011603339
the firms’ post-entry development. Nevertheless, few existing studies are dealing with questions of entrepreneurship in … the KIBS sector using micro firm data. This contribution gives an empirical analysis of the determinants of post-entry …-Classification: D21, J23, L80, O30 Keywords: Employment growth; Entrepreneurship; Entry; Innovation; Knowledge-intensive business …
Persistent link: https://www.econbiz.de/10011318984
empirical analysis of the determinants of post-entry performance of KIBS. The results of the estimation of firm growth equations …
Persistent link: https://www.econbiz.de/10010262859
Chandlerian perspective, this work reports the main facts about firm entry and growth, with a particular focus on start …
Persistent link: https://www.econbiz.de/10010328359