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Established firms accumulate a significant body of knowledge, expertise and capabilities that are often secondary to their central revenue generating activities. How do they leverage this expertise in non-core technology into future value creation opportunities? In this paper we examine an...
Persistent link: https://www.econbiz.de/10013092713
Previous studies have argued that entrepreneurs earn less and bear more risk than salaried workers with otherwise similar characteristics. In a simple model of entrepreneurship, I show that estimates of mean and variance of returns to entrepreneurship used by these previous studies are biased,...
Persistent link: https://www.econbiz.de/10013031801
The authors study the location and productivity of more than 1,000 research and development (R&D) labs located in the Northeast corridor of the U.S. Using a variety of spatial econometric techniques, they find that these labs are substantially more concentrated in space than the underlying...
Persistent link: https://www.econbiz.de/10013037614
Theory-building with cases is (a) formulating new propositions that emerge from the empirical evidence in a sample of … theoretical formulations are accepted as a result of the theory-building study that are confirmed in a test in the sample from … test that new proposition in the same study because this would require a comparison in a sample of cases. The term theory …
Persistent link: https://www.econbiz.de/10013152294
Theory-testing with cases is ascertaining whether the empirical evidence in a case or in a sample of cases either … supports or does not support the theory. There are two methodologies for theory-testing with cases, (a) testing in a single … case (‘theory-testing single case study'), and (b) testing in a sample of cases (‘theory-testing sample case study'). The …
Persistent link: https://www.econbiz.de/10013152295
do not match (i.e., that they differ). Pattern matching is the core procedure of theory-testing with cases. Testing … disconfirmation). Essential to pattern matching (as opposed to pattern recognition, which is a procedure by which theory is built) is …
Persistent link: https://www.econbiz.de/10013152296
We replicate three pricing tasks of Gneezy, List and Wu (2006) for which they document the so called uncertainty effect, namely that people value a binary lottery over non-monetary outcomes less than other people value the lottery's worse outcome. Unlike the authors who implement a verbal...
Persistent link: https://www.econbiz.de/10003803120
I exploit the amendment to the German Trade and Crafts Code in 2004 as a natural experiment to asses the causal effects of this reform on the probabilities of being self-employed and of transition into and out of self-employment using repeated cross sections (2002-2006) of German Microcensus...
Persistent link: https://www.econbiz.de/10009671096
entrepreneurial knowledge to study the impact of prior experience on entrepreneurial intention. Based on the theory of planned … individuals of working-age that completed a questionnaire based on Liñan & Chen's, Entrepreneurship Theory and Practice, 593 …
Persistent link: https://www.econbiz.de/10012936895
We study the role of diversity and performance in entrepreneurial teams. We exploit a unique dataset of MBA students who participated in a required course to propose and start a real micro-business that allows us to examine horizontal diversity (i.e., within the team) as well as vertical...
Persistent link: https://www.econbiz.de/10013215419