Showing 1 - 10 of 135
business. We study whether this reform affects the composition of people who are drawn into entrepreneurship. New firms started …
Persistent link: https://www.econbiz.de/10011145401
populations. First, more that demonstrating the importance of cultural diversity for entrepreneurship, we show that the type of …
Persistent link: https://www.econbiz.de/10011083888
including both developed and developing economies, 2000-2009. The theory yields ambiguous predictions about the relationship … between FDI and entrepreneurship; positive spillovers via dissemination of technology or negative because of crowding out. Our … entrepreneurship in aggregate and intra-industry to be negative. Policies need to consider how to counteract this effect. …
Persistent link: https://www.econbiz.de/10011084197
point increase in entrepreneurship, equivalent to a 4% increase in the number of entrepreneurs. New entrants were more …We study how a mortgage reform that exogenously increased access to credit had an impact on entrepreneurship, using … benefit from the reform. Our results provide evidence that credit constraints do affect entrepreneurship, but that the overall …
Persistent link: https://www.econbiz.de/10011084236
entrepreneurship, depending on entrepreneurial ability. The effect of market size on the equilibrium share of entrepreneurs crucially … Arrow-Pratt index of relative risk aversion. We show that the share of entrepreneurs, and the cutoff for self-selection into … entrepreneurship, can increase or decrease with market size. The properties of the underlying ability distribution largely determine …
Persistent link: https://www.econbiz.de/10011084591
R&D incentives of new entrants to a market may be shaped by the prospects of being acquired by an incumbent. In this paper, we analyze a two-stage innovation game between one incumbent and a large number of entrants. In the first stage, firms compete to develop innovations of high quality. They...
Persistent link: https://www.econbiz.de/10008784763
We develop entrepreneurship and institutional theory to explain variation in different types of entrepreneurship across … corruption, weaker property rights and especially intellectual property rights, and a larger state on entrepreneurs who plan to … grow faster. We test these hypotheses using the Global Entrepreneurship Monitor surveys in 55 countries for 2001 …
Persistent link: https://www.econbiz.de/10008854547
entrepreneurship. This finding can rationalize three facts: a) fewer women than men are entrepreneurs; b) the proportion of women among … entrepreneurs tends to be higher in countries with higher women emancipation; c) women who break the barrier into entrepreneurship … financial success. We document that in a sample of entrepreneurs women have a lower 2D4D ratio than men, in sharp contrast with …
Persistent link: https://www.econbiz.de/10008854553
If entrepreneurs are liquidity constrained and cannot borrow to operate on an efficient scale, those with more personal … entrepreneurs from being able to exploit a "hump" in marginal productivity. From the 75th to the 99th percentile returns drops by …
Persistent link: https://www.econbiz.de/10005791690
In this paper we explore the relationship between the individual decision to become an entrepreneur and the institutional context. We pinpoint the critical roles of property rights and the size of the state sector for entrepreneurial activity and test the relationships empirically by combining...
Persistent link: https://www.econbiz.de/10005792210