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This paper uses entrepreneurs’survival expectations around the time of market entry and subsequent venture exits to … study entrepreneurial optimism. Using data on a large number of nascent entrepreneurs in the US and start-ups in Finland, we … find that new entrepreneurs survival beliefs are on average optimistic but heterogeneous: Some are excessively optimistic …
Persistent link: https://www.econbiz.de/10010548602
Using firm level panel data for the years 1996-2001, covering all sectors of the economy, the impact of multinational ownership on the exit decisions of firms located in Belgium is estimated. In the analysis, I clearly distinguish for nationality of ownership, allowing for possible differences...
Persistent link: https://www.econbiz.de/10010313304
Using firm level panel data for the years 1996-2001, covering all sectors of the economy, the impact of multinational ownership on the exit decisions of firms located in Belgium is estimated. In the analysis, I clearly distinguish for nationality of ownership, allowing for possible differences...
Persistent link: https://www.econbiz.de/10005088356
Many basic economic theories with perfectly functioning markets do not predict the existence of the vast number of microenterprises readily observed across the world. We put forward a model that illuminates why financial and managerial capital constraints may impede experimentation, and thus...
Persistent link: https://www.econbiz.de/10010369061
The Industrial Institute of Economic and Social Research (IUI) was founded in 1939. In less than ten years, IUI grew from a small survey bureau to a leading research institute focused on microeconomic research relevant to industrial development. Based on a number of new commemorative essays and...
Persistent link: https://www.econbiz.de/10010320347
We test whether managerial human capital has a first order effect on the performance and growth of small enterprises in emerging markets. In a randomized control trial in Puebla, Mexico, we randomly assigned 150 out of 432 small and medium size enterprises to receive subsidized consulting...
Persistent link: https://www.econbiz.de/10010286930
research ; Creativity ; Entrepreneurship ; Research institute …
Persistent link: https://www.econbiz.de/10003872570
This paper uses entrepreneurs' survival expectations around the time of market entry and subsequent venture exits to … study entrepreneurial optimism. Using data on a large number of nascent entrepreneurs in the US and start-ups in Finland, we … find that new entrepreneurs survival beliefs are on average optimistic but heterogeneous: Some are excessively optimistic …
Persistent link: https://www.econbiz.de/10013104176
this paper, I argue that Topan's critique rests on fundamental misconceptions about the nature of entrepreneurship in …
Persistent link: https://www.econbiz.de/10012891965
The profit non-distribution constraint (NDC) is the basic requirement for non-profit tax privileges all over the world. In donative non-profits it is justified by the need to prevent donors' exploitation by firm owners. Donative non-profits, however, are not the only type of third-sector...
Persistent link: https://www.econbiz.de/10012922155