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This article investigates empirically whether and to what extent initial capital constraints hinder entrepreneurial performance once the venture has been started. Prior empirical research in this area could investigate this issue only indirectly by lack of data. The key contribution of this...
Persistent link: https://www.econbiz.de/10011333876
economic recession. As a distinctive and dynamic component of Romanian entrepreneurship, the SME segment has a significant … contribution to GDP. This study aims at assessing the contribution of entrepreneurship, through its SME segment, to Romania's GDP …Given the negative effects of the economic crisis on the Romanian economy, entrepreneurship represents one of the main …
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A framework which allows for the joint testing of the adaptive and rational expectations hypotheses is presented. We assume joint normality of expectations, realizations and variables in the information set, allowing for parsimonious interpretation of the data; conditional first moments are...
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empirischen Untersuchung von 468 jungen KMU setzt sich Sascha Kraus erstmals für den deutschsprachigen Raum mit dem Zusammenhang …
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