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According to the well-established tournament literature, incomplete information regarding employees’ productivity is essential for the rationalization of (efficiency-enhancing) tournaments. In this Paper we propose an alternative rationalization of tournaments focusing on a fully informed...
Persistent link: https://www.econbiz.de/10005792409
While confounding factors typically jeopardise the possibility of using observational data to measure peer effects, field experiments offer the possibility of obtaining clean evidence. In this Paper we measure the output of four randomly selected groups of individuals who were asked to fill...
Persistent link: https://www.econbiz.de/10005123943
where growth is driven by the innovative activity of entrepreneurs. Entrepreneurship is risky and requires investments that … affect the steepness of the lifetime consumption profile. As a consequence, the occupational choice of entrepreneurship …
Persistent link: https://www.econbiz.de/10011084260
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
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
We study how a mortgage reform that exogenously increased access to credit had an impact on entrepreneurship, using … point increase in entrepreneurship, equivalent to a 4% increase in the number of entrepreneurs. New entrants were more … 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 … entrepreneurship, can increase or decrease with market size. The properties of the underlying ability distribution largely determine …
Persistent link: https://www.econbiz.de/10011084591
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
The aim of this paper is to investigate whether return migrants are more likely to become entrepreneurs than non-migrants. We develop a theoretical search model that puts forward the trade off faced by returnees since overseas migration provides an opportunity for human and physical capital...
Persistent link: https://www.econbiz.de/10008558595
We examine the origins and outcome of entrepreneurship on the basis of exceptionally comprehensive Norwegian matched … worker-firm-owner data. In contrast to most existing studies, our notion of entrepreneurship not only comprises self …-employment, but also employment in partly self-owned limited liability firms. Based on this extended entrepreneurship concept, we find …
Persistent link: https://www.econbiz.de/10005079007