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Entrepreneurship, structural change, and economic growth

Noseleit, Florian - 2011

The ability to adjust to structural change is vital to economic development, and entries can be active participants in this process. This paper aims to shed some light on the relation between entrepreneurship and growth by arguing that entrepreneurial activity relates to growth via reallocation...

Persistent link: https://www.econbiz.de/10011548154

Local Institutional Heterogeneity and Firm Dynamism : Decomposing the Metropolitan Economic Freedom Index

Bennett, Daniel L. - 2020

A nascent body of research suggests that economic freedom is positively associated with entrepreneurial activity. Most of this literature is based on cross-countries analyses, although there is significant regional heterogeneity in entrepreneurial activity and the institutional and policy...

Persistent link: https://www.econbiz.de/10012843483

Are education and entrepreneurial income endogenous and do family background variables make sense as instruments? : a Bayesian analysis

Block, Jörn; Hoogerheide, Lennart; Thurik, Adriaan R. - 2010 - Current version: February 2010

Education is a well-known driver of (entrepreneurial) income. The measurement of its influence, however, suffers from …) income and of education. Using instrumental variables can provide a way out. However, three questions remain: whether … that the relationship between education and entrepreneurial income is indeed endogenous and that the impact of endogeneity …

Persistent link: https://www.econbiz.de/10011380037

Intellectual property rights and the knowledge spillover theory of entrepreneurship

Ács, Zoltán J.; Sanders, Mark - 2008

We develop a model in which stronger protection of intellectual property rights has an inverted U-shaped effect on innovation. Intellectual property rights protection allows the incumbent firms to capture part of the rents of commercial exploration that would otherwise accrue to the...

Persistent link: https://www.econbiz.de/10010271789

Entrepreneurship and structural economic transformation

Gries, Thomas; Naudé, Wim - 2008

through innovation, provision of intermediate inputs and services (which permits greater specialization in manufacturing), and …

Persistent link: https://www.econbiz.de/10010273418

Entrepreneurship and human development: A capability approach

Gries, Thomas; Naudé, Wim - 2010

We provide a formal model of entrepreneurship in human development. The framework is provided by the capabilities approach (CA). Hence we extend not only the conceptualisation of entrepreneurship in development, but the reach of the CA into entrepreneurship. From a CA view, entrepreneurship is...

Persistent link: https://www.econbiz.de/10010280225

A corporation's culture as an impetus for spinoffs and a driving force of industry evolution

Cordes, Christian; Richerson, Peter J.; Schwesinger, Georg - 2011

In infant industries, a great share of new market opportunities is depleted by firms that spinoff from incumbents. A model emphasizing the relation between incumbents' evolving corporate cultures and the generation of spinoffs explains this regularity in industry evolution. Organizations reach a...

Persistent link: https://www.econbiz.de/10010286751

Employment vs. Entrepreneurship : Risk Aversion and Occupational Choice

Thiele, Veikko; Tombak, Mihkel M. - 2013

We develop an equilibrium model where risk-averse agents can choose between employment and entrepreneurship. An important property of our framework is that the effort of agents is not observable (moral hazard), so that optimal employment contracts must be incentive compatible. In equilibrium we...

Persistent link: https://www.econbiz.de/10014045073

Greasing the Wheels of Entrepreneurship? Impact of Regulations and Corruption on Firm Entry

Dreher, Axel; Gassebner, Martin - 2007

The paper investigates whether the impact of regulations on entrepreneurship depends on corruption. We first test whether regulations robustly deter firm entry into the markets. Our results show that some regulations are indeed important determinants of entrepreneurial activity. Specifically,...

Persistent link: https://www.econbiz.de/10014050262

Strategic Entrepreneurs at Work : Nature, Discovery, and Exploitation of Entrepreneurial Opportunities

Companys, Yosem E. - 2007

What do entrepreneurial opportunities look like? How do firms discover and exploit these opportunities to create value and sustain competitive advantage? This paper reviews the strategic management and entrepreneurship literatures to identify the nature and character of entrepreneurial...

Persistent link: https://www.econbiz.de/10014051332