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discuss the implications for entrepreneurship policy that can be derived from our findings …
Persistent link: https://www.econbiz.de/10013124165
Persistent link: https://www.econbiz.de/10014326190
Using state-level data on productive and unproductive entrepreneurship, shadow economy size, and public official … (higher) levels of informal economic activity. Additionally, I aim to connect entrepreneurship, shadow economy size, and …
Persistent link: https://www.econbiz.de/10013035948
This paper is about the impact of clusters on entrepreneurship at the regional level. Defining entrepreneurship as the … entrepreneurship at the regional level? Second, if clusters are associated with different levels of entrepreneurship, what explains … and empirical research to explain the impact of clusters on entrepreneurship at the regional level. This paper uses the 97 …
Persistent link: https://www.econbiz.de/10014160113
This paper surveys the various forms of market failure that can arise when innovating entrepreneurs consider entering an industry, and outlines possible implications for public policy. Externalities can arise from entrepreneurial activities such as spillover benefits from new innovations and...
Persistent link: https://www.econbiz.de/10011506218
The existing literature in both public economics and financial economics often fails to consider how appropriate and effective public policy may be in promoting the venture capital industry. Public economics has dealt extensively with the effect of taxes and subsidies but has neglected the...
Persistent link: https://www.econbiz.de/10013481743
This paper surveys the various forms of market failure that can arise when innovating entrepreneurs consider entering an industry, and outlines possible implications for public policy. Externalities can arise from entrepreneurial activities such as spillover benefits from new innovations and...
Persistent link: https://www.econbiz.de/10001750158
Empirical studies use the assumption of stability in individual risk attitudes when searching for a relationship between attitude to risk and the decision to become and survive as an entrepreneur. We show that risk attitudes do not remain stable but face endogenous adaption when starting a new...
Persistent link: https://www.econbiz.de/10010421510
of entrepreneurship. The findings suggest that studies assuming that risk attitudes are stable over time suffer from … limited. In this paper, we show that entry into entrepreneurship itself plays a decisive role in shaping risk preferences. We … reverse causality; risk attitudes do not remain stable over time, and individual preferences change endogenously …
Persistent link: https://www.econbiz.de/10013051356
Empirical studies use the assumption of stability in individual risk attitudes when searching for a relationship between attitude to risk and the decision to become and survive as an entrepreneur. We show that risk attitudes do not remain stable but face endogenous adaption when starting a new...
Persistent link: https://www.econbiz.de/10013043584