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This paper studies a model of the distribution of income under bounded needs. Utility derived from any given good reaches a bliss point at a finite consumption level of that good. On the other hand, introducing new varieties always increases utility. It is assumed that each variety is owned by a...
Persistent link: https://www.econbiz.de/10010262477
This paper studies a model of the distribution of income under bounded needs. Utility derived from any given good reaches a bliss point at a finite consumption level of that good. On the other hand, introducing new varieties always increases utility. It is assumed that each variety is owned by a...
Persistent link: https://www.econbiz.de/10005762377
that entrepreneurship has important economic value. Hence, a systematic review is provided that answers the question: What … answer the question: What is the contribution of entrepreneurs to (i) employment generation and dynamics, (ii) innovation … group'? A fourth type of contribution studied is the role of entrepreneurship in increasing individuals' utility levels …
Persistent link: https://www.econbiz.de/10010277005
impact of immigration on entrepreneurial activity. Immigrants, we hypothesize, facilitate innovation and entrepreneurship by … immigrants (even if they are not self-employed) may prove to be areas in which entrepreneurship and innovation are easier to … perspectives that focus on low-cost immigrant labor or immigrant entrepreneurship. …
Persistent link: https://www.econbiz.de/10010283971
We describe Germany's rise as an industrial power in the late 19th century through radical innovation and … entrepreneurship, and contrast this with the post-World War II period. This latter period, although it contained the German economic … miracle, was nevertheless a period during which innovation slowed down - a somewhat surprising conclusion, but consistent with …
Persistent link: https://www.econbiz.de/10013426456
entrepreneurship research. In this context, we investigate whether the motives of becoming an entrepreneur influence the subsequent … job creation, expansion and innovation activities for up to 40 months after business formation. Using self … better, the higher they score on this index. Effects are particularly strong for growth oriented outcomes like innovation and …
Persistent link: https://www.econbiz.de/10014296537
well as growthoriented outcomes such as job creation and innovation. We find statistically significant and economically … stronger when focusing on the growth-oriented outcome of innovation. Furthermore, we observe that generalized self-efficacy is …
Persistent link: https://www.econbiz.de/10014296592
entrepreneurship. Given the relative neglect of entrepreneurship by development scholars it deals with (i) recent theoretical insights … from the intersection of entrepreneurship and development studies; (ii) the empirical evidence on the relationship between … entrepreneurship and development; and (iii) fresh insights for entrepreneurship policy for development that emerges from recent …
Persistent link: https://www.econbiz.de/10010319421
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/10010319500
To date there has been few systematic and comparative empirical analyses of the nature of economic development in Brazil, Russia, India, China and South Africa (BRICS). We contribute to addressing this gap by exploring the patterns of structural change between 1980 and 2010, focusing on the...
Persistent link: https://www.econbiz.de/10010319535