Showing 1 - 8 of 8
Entrepreneurs must choose between alternative strategies for bringing their idea to market. They face uncertainty regarding both the quality of their idea as well as the efficacy of each strategy. While entrepreneurs can reduce this uncertainty by conducting tests, any single test conflates the...
Persistent link: https://www.econbiz.de/10012481574
This paper provides a theoretical investigation of the tension over knowledge disclosure between firms and their scientific employees. While empirical research suggests that scientists exhibit a "taste for science," such open disclosures can limit a firm's competitive advantage or ability to...
Persistent link: https://www.econbiz.de/10012459101
The question of how entrepreneurship relates to income mobility is cogent given the current public debate about the … sources of income inequality and mobility in United States society. We examine how experience with entrepreneurship has … distribution over time, and to see how their mobility (or lack thereof) was affected by involvement with entrepreneurship. Our main …
Persistent link: https://www.econbiz.de/10012471152
entry, the progressivity of the tax also discourages entrepreneurship, and significantly so for some groups of households …
Persistent link: https://www.econbiz.de/10012468142
In this paper, we argue that costly external financing for entrepreneurial investments (coupled with potentially high returns on those investments) has important implications for the saving, investment, and entry decisions of continuing and potential entrepreneurs. These effects are similar in...
Persistent link: https://www.econbiz.de/10012470843
The environment for business creation is central to economic policy, as entrepreneurs are believed to be forces of innovation, employment and economic dynamism. We use data from the National Longitudinal Surveys (NLS) to investigate the relative importance of financial and human capital...
Persistent link: https://www.econbiz.de/10012473223
This paper analyzes the role of liquidity constraints in the formation of new entrepreneurial enterprises. The basic empirical strategy is to determine whether an individual's wealth affects the probability of becoming an entrepreneur, and the conditional amounts of depreciable assets, ceteris...
Persistent link: https://www.econbiz.de/10012474416
This paper analyzes the role of liquidity constraints in the formation of new entrepreneurial enterprises. The basic empirical strategy is to determine whether an individual's wealth affects the probability of becoming an entrepreneur, and the conditional amounts of depreciable assets, ceteris...
Persistent link: https://www.econbiz.de/10012474451