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Recent theories of economic growth have stressed the role of externalities in generating growth. Using data from the Census Bureau that tracks all employers in the whole U.S. private sector economy, we examine the impact of these externalities, as measured by entrepreneurial activity, on...
Persistent link: https://www.econbiz.de/10005765277
entrepreneurship, new business formation and a combination of the two, referred to as total entrepreneurial activity, as defined within … the Global Entrepreneurship Monitor. The model is also tested for the rate of established businesses, as distinct from … Global Entrepreneurship Monitor, World Values Survey and other published sources. Findings confirm the significance of post …
Persistent link: https://www.econbiz.de/10005765280
An important new literature on gross employment flows has produced a great outpouring of stylized facts. In this paper we examine one aspect of this literature through the lens of dynamic models and theories of industrial evolution. We extend the Davis and Haltiwanger methodology for analysis of...
Persistent link: https://www.econbiz.de/10005765281
this test we aim to investigate to what extent the role of entrepreneurship has changed in the last decades of the 20th … per capita income. This suggests that entrepreneurship plays a different role in countries in different stages of economic …
Persistent link: https://www.econbiz.de/10005765283
We study the implications of ownership and its induced incentives on firm survival on the stock market for young and high-tech firms. Using a unique data set of all 341 firms listed on the Neuer Markt, the German counterpart of the NASDAQ, our results differ from studies on more traditional...
Persistent link: https://www.econbiz.de/10005765285
We review the role entrepreneurship capital in regional economic performance and extend it to explain the economic and … entrepreneurial performance of organizations, teams, and individuals. Drawing on entrepreneurship and social capital research, we …: entrepreneurship capital. We identify elements of entrepreneurship capital at and across the levels. Where there are gaps, we suggest …
Persistent link: https://www.econbiz.de/10005765286
and actual entrepreneurship. Other than demographic variables such as gender, age and education, the set of covariates … this variable in both latent and actual entrepreneurship appears to be even more counterintuitive in 2004 than in 2000: it … has no impact on actual entrepreneurship and is positively related to latent entrepreneurship. Administrative complexities …
Persistent link: https://www.econbiz.de/10005765289
of demographic and other variables on latent and actual entrepreneurship. Latent entrepreneurship is measured by the … is the lack of explanatory power of the perception of lack of available financial support in the latent entrepreneurship …
Persistent link: https://www.econbiz.de/10005765290
Contemporary theories of entrepreneurship generally focus on the decision-making context of the individual. The … entrepreneurship literature is that opportunities are exogenous, the most prevalent theory of innovation in the economics literature … suggests that opportunities are endogenous. This paper bridges the gap between the entrepreneurship and economic literature on …
Persistent link: https://www.econbiz.de/10005588033
We investigate the effects of new business formation on employment change in German regions. A special focus is on the lag-structure of this effect and on differences between regions. The different phases of the effects of new business formation on regional development are relatively pronounced...
Persistent link: https://www.econbiz.de/10005588035