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We document high economy-wide correlations between the Equity Risk Premium (ERP) and the aggregate volume (rho=-0.69) and value (rho=-0.75) of patenting activity by public firms in the United States over the 1977-2018 period, contradicting Schumpeter's (1939) opportunity-costs hypothesis of...
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Entrepreneurs are often situated in extreme environments characterized by violent conflict. Yet, war is largely a blind … study of entrepreneurial dynamics in the Russo-Ukrainian war. Relative to the synthetic counterfactual, Ukraine's number of … way for systematic scholarship on "war and entrepreneurship," our study proposes a conceptual framework integrating …
Persistent link: https://www.econbiz.de/10014286792
Entrepreneurs are often situated in extreme environments characterized by violent conflict. Yet, war is largely a blind … study of entrepreneurial dynamics in the Russo-Ukrainian war. Relative to the synthetic counterfactual, Ukraine’s number of … way for systematic scholarship on “war and entrepreneurship,” our study proposes a conceptual framework integrating …
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