Showing 1 - 10 of 1,926
The O-Ring theory provides a framework for analyzing the effects of team production on the emergence of firms in the New Economy. Given risk-aversion of the potential team members, the productive advantage of perfect ability matching in teams suffices to establish an equilibrium which separates...
Persistent link: https://www.econbiz.de/10009491068
risks shape the equilibrium entrepreneurship in an occupational choice model. Differential social insurance of … entrepreneurial and labor risk is found to be statistically significant and detrimental to entrepreneurship. The crowding-out effect … of public production of private goods on entrepreneurship dominates the crowding-in effect of public production of public …
Persistent link: https://www.econbiz.de/10011537009
shape equilibrium entrepreneurship in an occupational choice model. Differential social insurance of entrepreneurial and … labor risk is found to be statistically significant and detrimental to entrepreneurship. The crowding-out effect of public … production of private goods on entrepreneurship dominates the crowding-in effect of public production of public goods in the OECD …
Persistent link: https://www.econbiz.de/10013321132
one of the most prominent determinants of entrepreneurship - education - and approximately three times larger than …
Persistent link: https://www.econbiz.de/10010304696
Gut ein Zehntel aller Erwerbstätigen in Deutschland ist selbständig, und nur eine von hundert Erwerbspersonen wagt jedes Jahr den Schritt in die Selbständigkeit. Klassische Faktoren wie Bildung, Berufserfahrung und elterliche Prägung greifen zur Erklärung des Phänomens "Selbständigkeit"...
Persistent link: https://www.econbiz.de/10011602319
one of the most prominent determinants of entrepreneurship - education - and approximately three times larger than …
Persistent link: https://www.econbiz.de/10010278676
one of the most prominent determinants of entrepreneurship - education - and approximately three times larger than …
Persistent link: https://www.econbiz.de/10010286308
Persistent link: https://www.econbiz.de/10009720700
We develop an equilibrium model where risk-averse agents can choose between employment and entrepreneurship. An …. However, we show that income risk is not the only driver for the occupational choice of agents with entrepreneurship options … - as commonly argued. Instead, more risk-averse agents with those options have a lower valuation of entrepreneurship, and …
Persistent link: https://www.econbiz.de/10014045073
This paper analyzes one of the best sets of small business data - 1985-2000 U.S. sole proprietorship data that Statistics of Income Division, Internal Revenue Service, produces for researchers. It explains the differences in business owners across the nation from 1985 to 2000 by looking into...
Persistent link: https://www.econbiz.de/10012772740