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Entrepreneurial activity is often regarded as an engine for economic growth and job creation. Through tax policy, governments possess a potential lever to influence the decisions of economic agents to start and close small businesses. In Germany, the top marginal income tax rates were reduced...
Persistent link: https://www.econbiz.de/10005566693
In this paper we try to put together both the dynamics of the endogenous evolution of an industry and the corresponding dynamics on the capital market. The first module of our modelling efforts is the endogenous evolution of the industry based on the micro-behaviour of boundedly rational agents....
Persistent link: https://www.econbiz.de/10005570400
The building blocks of our model are bounded-rational actors with specific sets of endowments: 'entrepreneurial spirit', human capital and venture capital. The entrepreneurial behavior to found a firm is triggered by the individuals' endowments, their social network and the evaluation of the...
Persistent link: https://www.econbiz.de/10005570406
increasing interest from entrepreneurship scholars. By analysing recent findings in the literature of high growth firms, this …
Persistent link: https://www.econbiz.de/10011189064
Unconditionally, pushed spin-offs are found to survive longer than their pulled counterparts. Using matched employer–employee data and novel multivariate decomposition techniques, we show that pushed spin-offs’ relative survival advantage is mostly explained by their larger human capital...
Persistent link: https://www.econbiz.de/10011189497
Within the context of a tri-variate vector autoregressive framework that includes entrepreneurship, this paper examines …-run relationship exists among electricity consumption, output and entrepreneurship in Singapore's manufacturing sector. Empirical … industrial production and entrepreneurship. Furthermore, entrepreneurship Granger causes electricity consumption, which causes …
Persistent link: https://www.econbiz.de/10011190066
We model an employee's decision to pursue an innovative idea at his employing firm (internally) or as a start-up (externally). We characterize an idea by its market profitability and the degree of positive/negative externality that it imposes on the employing firm's profits. The innovation...
Persistent link: https://www.econbiz.de/10011190627
Homeless and unstably housed youth in the U.S. have high rates of unemployment and often rely on survival strategies that negatively impact their economic, emotional, and physical health. While integrated health and entrepreneurial development initiatives targeting the poor have been...
Persistent link: https://www.econbiz.de/10011191132
enables entrepreneurship. But so too is co-operation between firms which requires an exchange of information and may lead to …
Persistent link: https://www.econbiz.de/10011191592
enables entrepreneurship. But so too is co-operation between firms which requires an exchange of information and may lead to …
Persistent link: https://www.econbiz.de/10011191596