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employment in incumbent firms. This questions the effectiveness of policies that promote entrepreneurship to fight crises. We …
Persistent link: https://www.econbiz.de/10011567399
employment in incumbent firms. This questions the effectiveness of policies that promote entrepreneurship to fight crises. We …
Persistent link: https://www.econbiz.de/10011576100
Entrepreneurship can have important positive effects linked to job creation, wealth and income generation, innovation … mechanism through which entrepreneurship can be encouraged, grown and its economic benefits harnessed. The effect of regulatory … conditions on entrepreneurship however is not well understood, and can be nuanced given the wide range of regulatory tools and …
Persistent link: https://www.econbiz.de/10012953388
explained by business dynamics, innovation, human capital and the level of entrepreneurship in each region. Findings The results … obtained lead the authors to conclude that entrepreneurship understood as both the creation of new firms and entrepreneurial … activity as alternative measures of entrepreneurship. In this research, however, both variables are considered together …
Persistent link: https://www.econbiz.de/10012108049
This paper investigates the determinants of the transitions from unemployment to paid employment, own-account work, and employership in Europe, with special focus on the role of some macroeconomic variables. Our results suggest that the coexistence of recession periods, start-up incentives, and...
Persistent link: https://www.econbiz.de/10013142648
The concept of scale barriers is introduced to shed light on new venture growth. Growth is a process of overcoming resource deficiencies, or scale barriers, resulting from the liabilities of newness and smallness. New ventures employ a variety of resource accumulation strategies to surmount...
Persistent link: https://www.econbiz.de/10014156600
In the present study, we contribute to research on firm growth in three particular ways. First, we demonstrate that firm growth is inherently about change and thus should be approached using processual methods. Secondly, we suggest that firm growth consists of interlaced behaviours to act on or...
Persistent link: https://www.econbiz.de/10014159429
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
We analyze the implications of entrepreneurial spawning for a variety of firm characteristics such as size, focus, profitability, and innovativeness. We examine the dynamics of spawning over time. Our model accounts for much of the empirical evidence relating to the relation between spawning and...
Persistent link: https://www.econbiz.de/10009009017
We examine market selection mechanisms and their strength for a representative cohort of US new independent firms. In particular, we explore whether and how effectively markets reward newly-born firms according to their "fitness" in terms of both labour productivity and profitability. Our...
Persistent link: https://www.econbiz.de/10011610241