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Our objectives in this paper are threefold. First, we identify the nature of entrepreneurial climate in ancient Athens. Drawing on the analyses of Athenian writers we argue that, although philosophers, politicians, and generals enjoyed greater civil and social status relative to those pursuing...
Persistent link: https://www.econbiz.de/10005561051
Is new market creation a search and selectionprocess within the theoretical space of all possible markets? Or is it the outcome of a process of transformation of extant realities into new possibilities? In this article we consider new market creation as a process involving a new network of...
Persistent link: https://www.econbiz.de/10005622436
Persistent link: https://www.econbiz.de/10005622513
In many industries, production resides in a small number of highly concentrated regions; for example, several high tech industries cluster in Silicon Valley. Explanations for this phenomenon have focused on how the co-location of firms in an industry might increase the efficiency of production....
Persistent link: https://www.econbiz.de/10005622524
market. A new measure of entrepreneurship derived from matching monthly files from the Current Population Survey (CPS) is … used to provide the first test of the hypothesis that entrepreneurship rates were high in Silicon Valley during the … on only hi-tech industries. Estimates from the matched CPS data indicate that hi-tech entrepreneurship rates were lower …
Persistent link: https://www.econbiz.de/10005622718
In this paper, we study entrepreneurial innovations in an industry characterized by network effects. We show that the presence of network externalities tends to make the entrepreneur prefer sale to entry. Moreover, we also show that the incentive to innovate for entry decreases when network...
Persistent link: https://www.econbiz.de/10005622745
We analyze the impact of entrepreneurship as an outside option on compensation contracts between a principal and an …
Persistent link: https://www.econbiz.de/10005625258
Persistent link: https://www.econbiz.de/10005625867
The number of self-employed workers in Europe has been in decline since the 1990s. At the same time unemployment has decreased and GDP per capita increased. In this study we analyse macroeconomic causes of these trends for the EU 15. We use data from the European Labour Force Survey for the...
Persistent link: https://www.econbiz.de/10005626941
on foreign direct investment (FDI), sovereign ratings, and local entrepreneurship and finds that some responses correlate … tolerant countries attract more FDI, obtain better ratings, and exhibit more entrepreneurship. …
Persistent link: https://www.econbiz.de/10005627730