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/urbanization in a region has an a priori ambiguous effect on start-up rates. -- start-ups ; entrepreneurship ; frictions ; economic …
Persistent link: https://www.econbiz.de/10003793569
if the monitoring rate is sufficiently low. Policies for entrepreneurship and monitoring would help both economic growth …
Persistent link: https://www.econbiz.de/10013135003
It is often claimed that small and young firms account for a disproportionately large share of net employment growth. We conduct a meta-analysis of the empirical evidence regarding whether net employment growth rather is generated by a few rapidly growing firms -- so-called Gazelles -- that are...
Persistent link: https://www.econbiz.de/10013075280
-farming entrepreneurship.We find that more productive farming households are more likely to also engage in non-farm entrepreneurship, allocate …
Persistent link: https://www.econbiz.de/10012843712
This research note performs some limited empirical assessments of the Baran and Sweezy (1966) contention that most research and development (R&D) efforts in the US are “wasted” at the macroeconomic level in that as R&D succeeds by absorbing a little of the excess economic surplus generated...
Persistent link: https://www.econbiz.de/10012909586
The relationship between venture capital and growth is examined using an endogenous growth model incorporating dynamic contracts between entrepreneurs and venture capitalists. At each stage of financing, venture capitalists evaluate the viability of startups. If viable, venture capitalists...
Persistent link: https://www.econbiz.de/10012822737
Poor countries have low rates of wage employment and high rates of self-employment. This paper shows that they also have high rates of unemployment relative to wage employment, and that self-employment is particularly high where the unemployment-wage employment ratio is high. I interpret high...
Persistent link: https://www.econbiz.de/10012868820
We study an equilibrium model with disagreement about the likelihood of successful innovations. We show that disagreement stimulates aggregate economic growth and overcomes market failures that would otherwise occur in an equilibrium without disagreement. The higher growth with disagreement...
Persistent link: https://www.econbiz.de/10012859072
. Social entrepreneurship, and entrepreneurship in general, show a direct relationship with this objective, due mainly to the … entrepreneurship to adequately design measures to stimulate sustainable development through these activities. These variables can be … these two groups over general entrepreneurship and social entrepreneurship, in addition to the impact of these two types of …
Persistent link: https://www.econbiz.de/10012518183
This article studies the development of the venture capital (VC) industry in the United States and assesses how VC financing affects firm innovation and growth. The results highlight the essential role of VC financing for U.S. innovation and growth and suggest that VC development in other...
Persistent link: https://www.econbiz.de/10013293235