Showing 1 - 10 of 8,877
This paper reviews the literature on the role of public equity markets in the innovation ecosystem. The review highlights the importance of public equity markets in funding the research and development activities of young and high growth firms. It also illustrates the dependence of venture...
Persistent link: https://www.econbiz.de/10011723674
The creation and scaling of startups are inherently linked to risk-taking, with various types of owners handling these risks differently. This paper investigates the influence of an active venture capital (VC) market on startups’ decisions regarding research and scaling. It outlines conditions...
Persistent link: https://www.econbiz.de/10014564131
Despite the importance of business creation for the economy and a relevant share of new firms being started out of unemployment, most research has focused on analyzing the effect of unemployment insurance (UI) policies on reemployment outcomes that ignore self-employment. In this paper, we...
Persistent link: https://www.econbiz.de/10012241969
We explore if the Knowledge Spillover Theory of Entrepreneurship, applied to FDI, provides at least a partial … explanation for the greater emergence of recent knowledge-based entrepreneurship in Ireland compared with Wales. In order to … examine how FDI and entrepreneurship policy in these two regions might have influenced the levels of knowledge …
Persistent link: https://www.econbiz.de/10012709252
Reward-based crowdfunding has enabled entrepreneurs to interact with consumers even before the product launch. However, this market persistently suffers from a high failure rate—entrepreneurs fail to launch and deliver their products as promised. We model the product launch-decision of an...
Persistent link: https://www.econbiz.de/10012846963
This paper investigates the influence of social capital on young firms' financing arrangements. Using a sample of U.S. start-ups, I find that social capital, as captured by secular norms and social networks in the entrepreneur's county, increases access to outside financing and reduces reliance...
Persistent link: https://www.econbiz.de/10012827472
This article is the first one that considers a model of the choice between the different types of crowdfunding, which contains elements of the asymmetric information approach and behavioral finance (overconfident entrepreneurs). The model provides several implications, most of which have not yet...
Persistent link: https://www.econbiz.de/10012925818
conducive to entrepreneurship and the notion that self-reliance, self-determination and proactive behavior are desirable from … entrepreneurship incidence is higher among the residents of regions that had TV signal than in regions without TV, indicating a first …
Persistent link: https://www.econbiz.de/10012592184
, following labor market matching models. Setting out an endogenous growth model with entrepreneurship we derive a … Entrepreneurship Beveridge Curve, through which we illustrate that entrepreneurial start-ups are the outcome of the efficiency with … which entrepreneurial abilities are matched with business opportunities. The Entrepreneurship Beveridge Curve is a …
Persistent link: https://www.econbiz.de/10012997458
We present a theory of entrepreneurial behavior that explores the relationship between overconfidence and successful firm outcomes, such as acquisition or IPO. In our model, increasing overconfidence produces two conflicting effects on the probability of a successful outcome: it not only induces...
Persistent link: https://www.econbiz.de/10013032346