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We study entrepreneurs’ behavioral responses of effort (moral hazard) to avoid business failure.This is done in the context of an unemployment insurance scheme for self-employed, wherewe estimate how much of the transition probability to unemployment can be causally attributedto being insured....
Persistent link: https://www.econbiz.de/10011376618
In the present paper it will be pointed out econometrically that entrepreneurial calibre improves Balassa index. The contribution of this paper is that a new method to estimate entrepreneurial calibre will be introduced. Data are annual and cover most Western European countries and the USA for...
Persistent link: https://www.econbiz.de/10013153447
technology and innovation have created a plethora of new opportunities for small and medium-sized enterprises. This paper …
Persistent link: https://www.econbiz.de/10011288743
-employment. -- Entrepreneurship ; Innovation ; Institutions ; Regulation ; Self-employment …
Persistent link: https://www.econbiz.de/10009721267
that being a generalist does not seem to be important in this regard. Finally, we find that innovation positively moderates …
Persistent link: https://www.econbiz.de/10010230889
being a generalist does not seem to be important in this regard. Finally, we find that innovation positively moderates the …
Persistent link: https://www.econbiz.de/10010231657
At least since Schumpeter published his work "The Theory of Economic Development" (1912), a wide body of literature has focused on the evolutionary process behind firm growth and survival. Recently a growing interest is devoted to the variable "location" as a critical factor, shaping firm...
Persistent link: https://www.econbiz.de/10011455992
and exporting. Based on the Oslo Manual, which indicates four main types of innovation, we analysed the innovation … processes in firms and the impact of particular categories of innovation on export odds. Research Design & Methods: Apart from … type of innovation implemented in each enterprise. Findings: The likelihood of export in ventures is higher when it …
Persistent link: https://www.econbiz.de/10012517288
Formal institutions, e.g., regulations, are considered crucial determinants of entrepreneurship, but what enables regulatory change when there is a regulatory void, meaning entrepreneurship clashes with existing regulations? Drawing on public choice theory, we hypothesize that regulatory freedom...
Persistent link: https://www.econbiz.de/10013175457
This paper reviews the literature on the role of public equity markets in the innovation ecosystem. The review … paper discusses the potential shortcomings of public equity markets that may hinder innovation, and highlights various …
Persistent link: https://www.econbiz.de/10011723674