Mit zunehmender Globalisierung und beschleunigtem technologischem Wandel kommt den sogenannten Humanressourcen eine immer größere Bedeutung für die Wettbewerbsfähigkeit eines Landes und seiner Unternehmen zu. Dabei hängt die Qualität der Humanressourcen einerseits von staatlichen...

The often long-lasting process of intrafamily business succession involves contracts for management and ownership transfer that unfold in a complex series of stages. The older and larger a family business, the more heterogeneous the involved family members' interactions and interests can become....

This paper studies the willingness to become an entrepreneur depending on an individual's composition of human and social capital. Our theoretical analysis is an application and extension of Lazear's (2005) jack-of-all-trades theory. Our primary implication is that it is not individuals with a...

The paper analyzes the effect of team-size on effort in start-up teams. We extend the model of Kandel and Lazear (1992) to study the joint effect of free-riding and peer pressure, which both dependent on team size in our model. The special characteristic of start-up teams is their unique...