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In response to technological change, U.S. corporations have been investing more in intangible capital. This transformation is empirically associated with lower leverage and greater cash holdings, and commonly explained as a precautionary response to reduced debt capacity. We model how firms'...
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2006-2020, to capture the relationship between new business density rate, as a proxy for entrepreneurship, and individuals … entrepreneurship is influenced by the skills, knowledge, and experience of the entrepreneurs, including their education, training, and … entrepreneurship was visible in emerging countries, while the lowest was for countries classified as moderate innovators. The research …
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fact that human capital on the individual and regional levels may be interrelated in affecting entrepreneurship. We use … the level of entrepreneurship activity via individual and aggregated pathways and that the price elasticity of diverse …
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The performance of young and newly founded firms depends largely to the human capital of the firm owner. The entrepreneur is therefore one of the main success factors for the firm. Yet entrepreneurs differ considerably in their background and characteristics. Particularly, founders’ individual...
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