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showing that the probability of entrepreneurship increases with their prior rank in an organization is consistent with ability … likely to enter entrepreneurship, to become self-employed, and to switch to another employer. The effects of layers are much … stronger for business creation than for job-switching and they are stronger for entrepreneurship than for self-employment. We …
Persistent link: https://www.econbiz.de/10014039429
We examine how firms adapt their organization when they go public. To conform with the requirements of public capital markets, we expect IPO firms to become more organized, making the firm more accountable and its human capital more easily replaceable. We find that IPO firms transform into a...
Persistent link: https://www.econbiz.de/10013254283
In a technology-driven, digital world, many of the largest and most successful businesses now operate as “platforms.” Such firms leverage networked technologies to facilitate economic exchange, transfer information, connect people, and make predictions. Platform companies are already...
Persistent link: https://www.econbiz.de/10012912914
this paper, I argue that Topan's critique rests on fundamental misconceptions about the nature of entrepreneurship in …
Persistent link: https://www.econbiz.de/10012891965
We model entrepreneurship and the emergence of firms as a result of simultaneous bidding for labor services among …
Persistent link: https://www.econbiz.de/10011377467
innovation bloc into their study of spontaneous market order. We demonstrate how successful entrepreneurship depends on an …
Persistent link: https://www.econbiz.de/10011868369
We present the theory of the collaborative innovation bloc (CIB), an evolving system of innovation within which activity takes place over time. We show how the application of the CIB perspective can help make institutional and evolutionary economics more concrete, relevant, and persuasive,...
Persistent link: https://www.econbiz.de/10012133117
persuasive, especially regarding policy prescriptions. At the heart of this perspective is the idea that entrepreneurship, when …
Persistent link: https://www.econbiz.de/10012021764
eroded as one moves down the hierarchy. The reason is that, because exerting effort is costly, the supervisor only partially … inefficiencies, firms should keep the extent of hierarchy to a minimum, promote employees with the strongest sensitivity to social …
Persistent link: https://www.econbiz.de/10010226550
Persistent link: https://www.econbiz.de/10010234589