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This paper presents evidence on the role of the endowment effect in shaping the risk-taking behavior of entrepreneurs … during investment processes. This paper presents an alternate view on the drivers behind entrepreneurs' risk-taking behavior … 466 entrepreneurs in Cali, Colombia. Results show that entrepreneurs are more likely to accept riskier bets when those are …
Persistent link: https://www.econbiz.de/10012849571
inducing entrepreneurs to choose less risky projects, whereas R&D support encourages entrepreneurship without affecting the … type of entrepreneurship. Using Swedish patent citation data, we find empirical support for predictions of the model …. -- Entrepreneurship ; Innovation ; Start-ups ; Ownership ; Breakthrough ; Quality …
Persistent link: https://www.econbiz.de/10009625140
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Immigrant entrepreneurs are a major driver of economic growth, and their decisions about where to locate can greatly …
Persistent link: https://www.econbiz.de/10014344402
A tradition from Knight (1921) argues that more risk tolerant individuals are more likely to become entrepreneurs, but … perform worse. We test these predictions with two risk tolerance proxies: stock market participation and personal leverage … return on assets. The results are similar using personal leverage as risk tolerance proxy. We consider alternative …
Persistent link: https://www.econbiz.de/10013086658
citation-weighted patent counts at the inventor level and significantly decreased the number of science-based patents. These … 35 of Japanese patent law could distort the efficiency of corporate R&D …
Persistent link: https://www.econbiz.de/10012949090
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inducing entrepreneurs to choose less risky projects, whereas R&D support encourages entrepreneurship without affecting the …This paper examines how entrepreneurs and incumbents differ in R&D strategies. We show that entrepreneurs have … incentives to choose projects with higher risk and a higher potential in order to reduce expected commercialization costs …
Persistent link: https://www.econbiz.de/10011549385