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Do Employee Spinoffs Learn Markets from Their Parents? Evidence from International Trade

Muendler, Marc-Andreas; Rauch, James E. - 2021

It is well established that employee spinoffs learn their parents’ technologies, but little is known about their demand-side learning. We exploit the identification in international trade data of parent markets (countries) to investigate whether exporting employee spinoffs of exporting parents...

Persistent link: https://www.econbiz.de/10013315425

Do Entrepreneurs Matter?

Becker, Sascha O.; Hvide, Hans K. - CESifo - 2013

In the large literature on firm performance, economists have given little attention to entrepreneurs. We use deaths of … performance. Using longitudinal data, we find large and sustained effects of entrepreneurs at all levels of the performance … suggest that an often overlooked factor - individual entrepreneurs - plays a large role in affecting firm performance. …

Persistent link: https://www.econbiz.de/10010607007

Entrepreneurship, Organization Capital and the Evolution of the Firm

Oshima, Atsushi; Ravikumar, B.; Riezman, Raymond Glenn - 2021

We view the entrepreneur as an agent who possesses human capital in the form of specific skills or talents. When she starts a firm, her human capital is essential to the firm and it has substantial private value. The entrepreneur transforms her human capital over time into what we call...

Persistent link: https://www.econbiz.de/10013316567

Determinants of Survival of Newly Created SMEs in the Brazilian Manufacturing : An Econometric Study

Façanha, Luis Otávio - 2012

The paper investigates the survival of newly created small and medium enterprises in Brazilian manufacturing taking as reference the 1996-2005 period. The econometric analysis relies on time-varying version of the proportional hazard rate model that controls for unobserved heterogeneity. The...

Persistent link: https://www.econbiz.de/10013110414

Drivers and Obstacles to Banking SMEs : The Role of Competition and the Institutional Framework

Torre, Augusto de la - 2009

foster SME lending and attention has focused on improving the institutional environment, such that the financial system is … more willing to lend to SMEs. In this paper, we directly ask banks (the main providers of SME external finance) what … and retail sectors. They perceive the SME market as highly profitable, large, and with good prospects. Moreover, banks are …

Persistent link: https://www.econbiz.de/10013159698

Taking the Leap : The Determinants of Entrepreneurs Hiring Their First Employee

Fairlie, Robert W. - 2016

Job creation is one of the most important aspects of entrepreneurship, but we know relatively little about the hiring patterns and decisions of startups. Longitudinal data from the Integrated Longitudinal Business Database (iLBD), Kauffman Firm Survey (KFS), and the Growing America through...

Persistent link: https://www.econbiz.de/10012994091

When Arm's Length is Too Far. Relationship Banking Over the Business Cycle

Beck, Thorsten - 2014

Using a novel way to identify relationship and transaction banks, we study how banks' lending techniques affect funding to SMEs over the business cycle. For 21 countries we link the lending techniques that banks use in the direct vicinity of firms to these firms' credit constraints at two...

Persistent link: https://www.econbiz.de/10013050469

The Business Environment in the Transition

Carlin, Wendy - 2012

Following the collapse of planning, new small and medium-sized firms rapidly emerged in all transition economies. Using firm level data, we investigate the interaction between the widespread opportunities for new business activities such firms faced and their business environment. The business...

Persistent link: https://www.econbiz.de/10013100506

Competition and Gender Prejudice: Are Discriminatory Employers Doomed to Fail?

Weber, Andrea; Zulehner, Christine - CESifo - 2009

According to Becker's (1957) famous theory on discrimination, entrepreneurs with a strong prejudice against female workers forgo profits by submitting to their tastes. In a competitive market their firms lack efficiency and are therefore forced to leave. We present new empirical evidence for...

Persistent link: https://www.econbiz.de/10008572488

Growth and Earnings Persistence in Banking Firms: A Dynamic Panel Investigation

Shehzad, Choudhry Tanveer; Haan, Jakob de; Scholtens, Bert - CESifo - 2009

This paper investigates (i) whether growth and profitability persist in banking firms, (ii) whether the level and volatility of growth and profitability are bank-size dependent, and (iii) the relationship between growth and profitability of a bank. Using a dynamic panel model estimated by GMM...

Persistent link: https://www.econbiz.de/10008572506