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independent entrepreneurship, also known as self-employment or business ownership, and economic development. We argue that the … reemergence of independent entrepreneurship is based on at least two 'revolutions'. If we distinguish between solo self …-employed at the lower end of the entrepreneurship spectrum, and ambitious and/or innovative entrepreneurs at the upper end, many …
Persistent link: https://www.econbiz.de/10010990894
Being a "jack-of-all-trades" increases the probability of running an entrepreneurial venture successfully; but what happens to "jack-of-few-trades" who lack sufficient skills? This paper investigates a possible compensation mechanism between balanced skills and cities, and how this compensatory...
Persistent link: https://www.econbiz.de/10010884449
We extend Lazear's theory of skills variety and entrepreneurship in three directions. First, we provide a theoretical … that being a generalist does not seem to be important in this regard. Finally, we find that innovation positively moderates …, but also commercial value. Our findings support the notion that entrepreneurship can be learned …
Persistent link: https://www.econbiz.de/10013034374
Innovationsprozesse festgelegt werden. (Innovation is seen as an important economic strategy for a company’s management. We discuss the … question how far works councils could positively influence a company’s innovation strategy in the long term and how far they … could encourage workers to participate in innovation processes. The objective of this article is, in particular, to analyse …
Persistent link: https://www.econbiz.de/10008596346
We extend Lazear’s theory of skills variety and entrepreneurship in three directions. First, we provide a theoretical … being a generalist does not seem to be important in this regard. Finally, we find that innovation positively moderates the … commercial value. Our findings support the notion that entrepreneurship can be learned …
Persistent link: https://www.econbiz.de/10014149710
growth and convergence of an economy towards the world technology frontier …
Persistent link: https://www.econbiz.de/10005755150
This chapter reviews the recent debate about the role of social capital in economics. We argue that all the difficulties this concept has encountered in economics are due to a vague and excessively broad definition. For this reason, we restrict social capital to the set of values and beliefs...
Persistent link: https://www.econbiz.de/10014025693
Persistent link: https://www.econbiz.de/10012284647
The paper develops a simple model to exemplify how social trust might affect the growth of schooling through lowering transaction costs associated with employing educated individuals. In a sample of 52 countries, the paper thereafter provides empirical evidence that trust has led to faster...
Persistent link: https://www.econbiz.de/10012729874
Persistent link: https://www.econbiz.de/10011713906