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likely to become entrepreneurs. By not having taken this possible linkage into account, previous research has underestimated …
Persistent link: https://www.econbiz.de/10013117187
This paper investigates the impact of new firms' quality on the magnitude of their employment effects. Our results clearly show that the quality of start-ups, measured by their affiliation with sectors and innovative industries, strongly influences the direct and the overall employment...
Persistent link: https://www.econbiz.de/10013124165
contains elements of the asymmetric information approach and behavioral finance (overconfident entrepreneurs). The model …
Persistent link: https://www.econbiz.de/10012842167
Empirical evidence suggests that entrepreneurs make mistakes: too many enter markets and, once there, persist too long … mistakes may also arise from a process in which entrepreneurs continually learn about their prospects, and make entry and exit …-entry learning and can be directed to analyze Bayesian rational or biased entrepreneurs. The model suggests that, to outside …
Persistent link: https://www.econbiz.de/10012924966
contains elements of the asymmetric information approach and behavioral finance (overconfident entrepreneurs). The model …
Persistent link: https://www.econbiz.de/10012925818
that even when entrepreneurship is valued, entrepreneurs may often not match their ideas with suitable opportunities …
Persistent link: https://www.econbiz.de/10008661761
entrepreneurs and make a distinction between survivalist self-employment activities in the traditional sector, and opportunity …
Persistent link: https://www.econbiz.de/10003725597
We examine whether and how investors' reliance on financial information is affected by the rate of sales growth of a start-up venture. We find that investors discern between firms by the extent to which their products are adopted by the market. For firms that failed to increase their sales since...
Persistent link: https://www.econbiz.de/10009156663
In "new" new international trade theory, whether firms export or not are determined by their productivity. These models assume that firms enter a market to find their productivity levels revealed to them as in a lottery. In this paper we propose an alternative way to model whether firms export...
Persistent link: https://www.econbiz.de/10009730710
Although there is a large and rapidly growing literature on the determinants of regional variation in new firm formation, relatively little is known about the interrelation between the characteristics of start-up firms and urban structure. It is only recently that scholars of urban economics...
Persistent link: https://www.econbiz.de/10009761961