Similar Search Results

The Knowledge Spillover Theory of Entrepreneurship

Acs, Zoltán J; Audretsch, David B; Braunerhjelm, Pontus; … - C.E.P.R. Discussion Papers - 2005

entrepreneurship literature is that opportunities are exogenous, the most prevalent theory of innovation in the economics literature … opportunity by developing a knowledge spillover theory of entrepreneurship. The basic argument is that knowledge created … endogenously via R&D results in knowledge spillovers. Such spillovers give rise to opportunities to be identified and exploited by …

Persistent link: https://www.econbiz.de/10005067475

The Missing Link: The Knowledge Filter and Entrepreneurship in Endogenous Growth

Acs, Zoltán J; Audretsch, David B; Braunerhjelm, Pontus; … - C.E.P.R. Discussion Papers - 2004

The intellectual breakthrough contributed by the new growth theory was the recognition that investments in knowledge … and human capital endogenously generate economic growth through the spillover of knowledge. Endogenous growth theory does … not explain how or why spillovers occur. The missing link is the mechanism converting knowledge into economically relevant …

Persistent link: https://www.econbiz.de/10005504210

Determinants of Job Satisfaction across the EU-15: A Comparison of Self-Employed and Paid Employees

Millan, Jose Maria; Hessels, Jolanda; Thurik, Roy; … - Tinbergen Institute - 2011

Job satisfaction of self-employed and paid-employed workers is analyzed using the European Community Household Panel for the EU-15 covering the years 1994-2001. We distinguish between two types of job satisfaction, i.e. job satisfaction in terms of type of work and job satisfaction in terms of...

Persistent link: https://www.econbiz.de/10008867504

Keeping it Simple: Financial Literacy and Rules of Thumb

Drexler, Alejandro; Fischer, Greg; Schoar, Antoinette S - C.E.P.R. Discussion Papers - 2010

Individuals and business owners engage in an increasingly complex array of financial decisions that are critical for their success and well-being. Yet a growing literature documents that in both developed and developing countries, a large fraction of the population is unprepared to make these...

Persistent link: https://www.econbiz.de/10008611017

The Value of an Educated Population for an Individual's Entrepreneurship Success

Millan, Jose Maria; Congregado, Emilio; Roman, Concepcion; … - Tinbergen Institute - 2011

. The value of other input factors, such as (knowledge) capital and labor is likely to be affected by the education level of … and/or higher quality universities with a positive effect on research and development (R&D) and knowledge spillovers …

Persistent link: https://www.econbiz.de/10008916007

The More Business Owners the Merrier? The Role of Tertiary Education

Praag, Mirjam van; Stel, Andre van - Tinbergen Institute - 2011

Policy in developed countries is often based on the assumption that higher business ownership rates induce economic value. Recent microeconomic empirical evidence casts doubts on the validity of this assumption or, at least, leads to a more nuanced view: Especially the top performing business...

Persistent link: https://www.econbiz.de/10009147077

Cultural diversity and entrepreneurship in England and Wales

Hardy, Daniel; Rodriguez-Pose, Andres - C.E.P.R. Discussion Papers - 2014

British regions are becoming increasingly culturally diverse, with migration as the main driver. Does this diversity benefit local economies? This research examines the impact of cultural diversity on the entrepreneurial performance of UK regions. We focus on two largely overlooked factors, the...

Persistent link: https://www.econbiz.de/10011083888

Are Education and Entrepreneurial Income Endogenous and do Family Background Variables make Sense as Instruments? A Bayesian Analysis

Block, Joern H.; Hoogerheide, Lennart; Thurik, Roy - Tinbergen Institute - 2010

Education is a well-known driver of (entrepreneurial) income. The measurement of its influence, however, suffers from endogeneity suspicion. For instance, ability and occupational choice are mentioned as driving both the level of (entrepreneurial) income and of education. Using instrumental...

Persistent link: https://www.econbiz.de/10008838535

Risk, Balanced Skills and Entrepreneurship

Hsieh, Chihmao; Parker, Simon C.; Praag, C. Mirjam van - Tinbergen Institute - 2011

This paper proposes that risk aversion encourages individuals to invest in balanced skill profiles, making them more likely to become entrepreneurs. By not having taken this possible linkage into account, previous research has underestimated the impacts both of risk aversion and balanced skills...

Persistent link: https://www.econbiz.de/10009399735

Renascent Men or Entrepreneurship as a One-Night Stand: Entrepreneurial Intentions Subsequent to Firm Exit

Audretsch, David B; Meijaard, Joris; Stam, Erik - C.E.P.R. Discussion Papers - 2005

While a large literature has emerged focusing on nascent entrepreneurship, the propensity for ex-entrepreneurs to consider re-entering into entrepreneurship, or what we term here as renascent entrepreneurship, has been generally overlooked. According to the theory of selection and passive...

Persistent link: https://www.econbiz.de/10005124242