Showing 1 - 10 of 135
Crowdfunding, the raising of capital from a large and diverse pool of donors via online platforms, has grown exponentially in the past five years, spurred by the rise of Kickstarter and IndieGoGo. While legislative attention in the US has turned to the potential to use crowdfunding as a means of...
Persistent link: https://www.econbiz.de/10014145866
Decision problems in environments with iid shocks are typically modeled as involving payoffs that follow a martingale process. The paper formalizes entrepreneurial skills as the ability to design optimal investment strategies for problems, in which payoffs do not follow a martingale. It develops...
Persistent link: https://www.econbiz.de/10014034432
Studying women's entrepreneurial intentions is critical not only for encouraging women's entrepreneurship but also for developing their entrepreneurial competencies. However, in the case of Lebanon, there is still a gap in the scientific studies related to identifying factors influencing women's...
Persistent link: https://www.econbiz.de/10014460328
We investigate the effects of new business formation on employment change in German regions. A special focus is on the lag-structure of this effect and on differences between regions. The different phases of the effects of new business formation on regional development are relatively pronounced...
Persistent link: https://www.econbiz.de/10010298522
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
Audretsch and Fritsch (2002) proposed two explanations for the mixed evidence regarding the relationship between new firm formation and regional development. Firstly, they found evidence for the existence of long time lags needed before the main effects of new firm formation on employment change...
Persistent link: https://www.econbiz.de/10010305674
We investigate regional differences in the level and the development of regional new business formation activity. There is a pronounced variance of start-up rates across the regions. The level of regional new firm formation is rather pathdependent so that changes are relatively small. The main...
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
We investigate the effects that regional start-up activity has on employment in new and in incumbent businesses. The analysis is performed for West German regions over the 1987-2002 period. It shows that the effects of new businesses on employment in the incumbents are significantly positive and...
Persistent link: https://www.econbiz.de/10011332655
This paper investigates the impact of new firms' quality on the magnitude of their employment effects. Our results clearly show that the quality of start-ups, measured by their affiliation to sectors and innovative industries, strongly influences the direct and the overall employment...
Persistent link: https://www.econbiz.de/10011332695