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) heterogeneous in their entrepreneurship abilities and choose between being employees or entrepreneurs. The sufficient conditions in …
Persistent link: https://www.econbiz.de/10011508379
This paper introduces a new concept in addition to the traditional measures of stocks of capital, labor, human capital and knowledge, to understand the Solow Residual: National Entrepreneurial Ecosystem (NEE). The NEE construct is based on a methodology that combines institutions and human...
Persistent link: https://www.econbiz.de/10010438892
entrepreneurship is introduced, where individuals can choose not to work, become entrepreneurs, or work in one of the two sectors … entrepreneurship in the United States. …
Persistent link: https://www.econbiz.de/10011450865
I develop a dynamic model of forward-looking entrepreneurs, who decide whether to operate in the formal economy or informal economy and choose how much to invest in their businesses, taking government policy as given. The government has access to two policy tools: taxes on formal business...
Persistent link: https://www.econbiz.de/10011580568
Promoting entrepreneurship has become an increasingly important part of the policy agenda in many countries. The … success of such policies, however, rests in part on the assumption that entrepreneurship outcomes are not fully determined at … background and neighborhood effects as determinants of entrepreneurship, by estimating sibling correlations in entrepreneurship …
Persistent link: https://www.econbiz.de/10011551917
One of the leading theories of entrepreneurship is that less risk averse individuals become entrepreneurs and more risk …
Persistent link: https://www.econbiz.de/10010519937
We document two striking facts about U.S. firm dynamics and interpret their significance for aggregate employment dynamics. The first observation is the steady decline in the firm entry rate over the last thirty years, and the second is the gradual shift of employment from younger to older firms...
Persistent link: https://www.econbiz.de/10010459706
We investigate entry in a dynastic entrepreneurship (overlapping generations) environment created by employee spinoffs …
Persistent link: https://www.econbiz.de/10010528295
to entrepreneurship, and output. The calibration shows that optimism can explain the empirical puzzle of the low mean … returns to entrepreneurship compared to average wages. …
Persistent link: https://www.econbiz.de/10011924615
: the entrepreneurship rate and the fraction of small firms fall with per capita income across countries, while average firm …'s potential payoffs in working and in entrepreneurship. If some firms consistently benefit more from technological progress than …
Persistent link: https://www.econbiz.de/10010250019