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entrepreneurship in the sense that there is an identifiable person that takes the uninsurable risk in the sense of Knight. This paper …
Persistent link: https://www.econbiz.de/10005419314
In this paper, we provide a generalization of the standard models of the diffusion of a new product. Consumers are heterogeneous and risk averse, and the firm is uncertain about the demand curve: both learn from past observations. The attitude towards risk has important effects with regard to...
Persistent link: https://www.econbiz.de/10011001838
behind the increase in top incomes. Furthermore, increasing returns to entrepreneurship may be an important yet little …
Persistent link: https://www.econbiz.de/10011196682
interrelationship between entrepreneurship and the quality of business regulations. The empirical findings indicate that there is a … positive relationship between entrepreneurship, and the quality of business regulations. …
Persistent link: https://www.econbiz.de/10008626063
Entrepreneurship is often claimed to be important for generating employment. However, the empirical evidence on the … relationship between entrepreneurship is not always convincing. Most of the studies that analyse the relationship between new firm …
Persistent link: https://www.econbiz.de/10009024448
Persistent link: https://www.econbiz.de/10009325786
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the productivity of incumbent firms is modeled as a function of firm attributes and regional entrepreneurship activity …. The analysis finds support for positive productivity effects of entrepreneurship on incumbent firms, albeit the effect … sectors appears to be more responsive to regional entrepreneurship, as compared to the productivity of manufacturing firms. …
Persistent link: https://www.econbiz.de/10009274562
Acquiring the knowledge they need to organize new businesses is a life-long learning process for nascent entrepreneurs, both before and during the organizing process. We argue that creating viable and profitable ventures depends not only on the habits, heuristics, and routines that nascent...
Persistent link: https://www.econbiz.de/10010759862
This essay is in two parts. The first considers the evolution of evolutionary economics from 1982 to 2012. While enormous advances are acknowledged, it is argued that the field is in danger of fragmentation and that there has been relatively little development in its over-arching theoretical...
Persistent link: https://www.econbiz.de/10010759863