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As by product of economic growth, jobs are indeed transformational. In other words, efficiency increases as workers get better at what they do (as more productive jobs appear and less productive one disappear). In fact societies flourish as jobs bring together people from different ethnic and...
Persistent link: https://www.econbiz.de/10011107833
capital. Other strands of literature stress that the supply of entrepreneurship is a fundamental ingredient of economic growth … opportunity driven entrepreneurship. For what regards institutional variables, three interesting and somehow non conventional … results emerge from the analysis. First, low start-up cost are particular favorable for necessity driven entrepreneurship but …
Persistent link: https://www.econbiz.de/10011258267
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
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/10010670827
entrepreneurship with respect to economic performance. This paper uses the knowledge spillover theory to explain different innovation … entrepreneurship in the process of the commercialization of knowledge. We discuss the implications for entrepreneurship and innovation …The knowledge spillover theory of entrepreneurship seeks to explain the fundamentals and consequences of …
Persistent link: https://www.econbiz.de/10010730854
. It appears impossible to produce a single definition of entrepreneurship and most theoretical approaches yield … concept. Numerous empirical studies have examined the effects of entrepreneurship, but few studies have been undertaken in … of this paper is to provide a critical overview of recent empirical research on the relationship between entrepreneurship …
Persistent link: https://www.econbiz.de/10005644970
We test whether managerial human capital has a first order effect on the performance and growth of small enterprises in emerging markets. In a randomized control trial in Puebla, Mexico, we randomly assigned 150 out of 432 small and medium size enterprises to receive subsidized consulting...
Persistent link: https://www.econbiz.de/10011083751
We provide a formal model of entrepreneurship in human development. The framework is provided by the capabilities … approach (CA). Hence we extend not only the conceptualisation of entrepreneurship in development, but the reach of the CA into … entrepreneurship. From a CA view, entrepreneurship is not only a production factor, or a means to an end, as is often taken to be the …
Persistent link: https://www.econbiz.de/10010577651
We test whether managerial human capital has a first order effect on the performance and growth of small enterprise in emerging markets. In a randomized control trial in Puebla, Mexico, we randomly assigned 150 out of 432 small and medium size enterprises to receive subsidized consulting...
Persistent link: https://www.econbiz.de/10010548152
We show how financial and managerial constraints impede experimentation and thus limit learning about the profitability of investments. Imperfect information about one’s own type, but willingness to experiment to learn one’s type, leads to short-run negative expected returns to investments,...
Persistent link: https://www.econbiz.de/10010610688