Showing 1 - 10 of 10,247
Motivated by differences in new-firm survival across regions, this paper explores the impact of regional human capital on new-firm survival rates. New-firm survival is interpreted through formation rates of surviving versus closed firms in the service sector. By incorporating knowledge...
Persistent link: https://www.econbiz.de/10010318827
The importance of liquidity constraints as one of the main entry barriers to entrepreneurship has been recently put in … question. Hurst and Lusardi (2004) show that the probability of transition to entrepreneurship is inelastic along most of the … entrepreneurship. This paper challenges this view. I estimate a life cycle model of occupational choice that includes human capital …
Persistent link: https://www.econbiz.de/10013070160
The use of machine learning (ML) for productivity in the knowledge economy requires considerations of important biases that may arise from ML predictions. We define a new source of bias related to incompleteness in real time inputs, which may result from strategic behavior by agents. We theorize...
Persistent link: https://www.econbiz.de/10012852231
The paper introduces a model of enterprise formation in a unionized economy with labor protection and wage bargaining. Enterprise formation is subject to future market risk and is shaped by labor market institutions in the post-entry stage. The predictions of the model are tested in...
Persistent link: https://www.econbiz.de/10009781640
Cross-sectional tests of the Jack-of-All-Trades theory of entrepreneurship invariably conclude that accumulation of … balanced skill-mix across different fields of expertise stimulates entrepreneurship. Yet, none of these considers individual …
Persistent link: https://www.econbiz.de/10010267719
Contemporary theories of entrepreneurship generally focus on the decision-making context of the individual. The … entrepreneurship literature is that opportunities are exogenous, the most prevalent theory of innovation in the economics literature … suggests that opportunities are endogenous. This paper bridges the gap between the entrepreneurship and economic literature on …
Persistent link: https://www.econbiz.de/10010271750
generate new knowledge. This has a positive impact on entrepreneurship and innovation. However, after some point, further … strengthening patent protection will reduce the returns to entrepreneurship sufficiently to reduce overall economic growth. …
Persistent link: https://www.econbiz.de/10010271789
Cross-sectional tests of the Jack-of-All-Trades theory of entrepreneurship invariably conclude that accumulation of … balanced skill-mix across different fields of expertise stimulates entrepreneurship. Yet, none of these considers individual … entrepreneur. -- entrepreneurship ; occupational choice ; skills …
Persistent link: https://www.econbiz.de/10003359296
mit der Kompetenzdimension verbunden zu sein scheint. -- entrepreneurship ; "Jack-of-all-Trades" ; competence ; desire …
Persistent link: https://www.econbiz.de/10003874333
the impacts both of risk aversion and balanced skills on the likelihood individuals choose entrepreneurship. Data on Dutch …-averse people might be suited to entrepreneurship; and it may also help explain why prior research has generated mixed evidence … about the effects of risk aversion on selection into entrepreneurship …
Persistent link: https://www.econbiz.de/10013117187