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This paper tests the effect of founder's tenure on firm performance by taking into account the impact of the changes occurring in the economic environment. We use a large dataset of founder-run firms that includes, in addition to financial data, company data directly collected through a survey...
Persistent link: https://www.econbiz.de/10004993608
Entrepreneurship is the practice of starting new organizations or revitalizing mature organizations, particularly new … businesses generally in response to identified opportunities. The classic entrepreneurship is the “Start-Up”, where a raw idea …
Persistent link: https://www.econbiz.de/10004994279
What is meant by entrepreneurship, innovation and economic growth is often not clear or very idiosyncratic. This paper … starts with a discussion of the nature of entrepreneurship and its relation to innovation. The second section provides an … overview of theory and empirical research on the relation between entrepreneurship, innovation and economic growth. The paper …
Persistent link: https://www.econbiz.de/10005729442
geographical areas: entry costs and external effects. We extend the Lucas model of entrepreneurship to allow for heterogeneous …
Persistent link: https://www.econbiz.de/10005816397
Persistent link: https://www.econbiz.de/10005818341
It is a well-documented empirical regularity that it is more satisfying to be self-employed han to work as an employee for an organization. A large part of this difference in job satisfaction is in the literature attributed to the strong perception of independence by the self-employed. In this...
Persistent link: https://www.econbiz.de/10005818350
This report studies Finnish growth-orientated nascent entrepreneurship on the basis of an extensive computer … orientated towards international markets. A part of research conducted for the Entrepreneurship Policy Programme. Also available …
Persistent link: https://www.econbiz.de/10005818371
-oriented entrepreneurship and thereby improve the entrepreneurship culture in Finland. …
Persistent link: https://www.econbiz.de/10005818442
We develop a theory of commercialization mode (entry or sale) of entrepreneurial inventions into oligopoly, and show that an invention of higher quality is more likely to be sold (or licensed) to an incumbent due to strategic product market effects on the sales price. Moreover, preemptive...
Persistent link: https://www.econbiz.de/10004964394
We combine two empirical observations in a general equilibrium occupational choice model. The first is that entrepreneurs have more control than employees over the employment of and accruals from assets, such as human capital. The second observation is that entrepreneurs enjoy higher returns to...
Persistent link: https://www.econbiz.de/10004964455