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Entrepreneurship, Windfall Gains and Financial Constraints: The Case of Germany
Schäfer, Dorothea; Talavera, Oleksandr - 2005
In this paper we investigate the link between entrepreneurship and financial constraints. We develop a dynamic partial …
Persistent link: https://www.econbiz.de/10010276795
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Entrepreneurship, Windfall Gains and Financial Constraints: Evidence from Germany
Schäfer, Dorothea; Talavera, Oleksandr; Weir, Charlie - School of Economics, University of East Anglia - 2010
We investigate the link between the propensity to become an entrepreneur and exogenous release from financial constraints in Germany. This is defined in terms of the movement from employment to self-employment on receipt of a financial windfall. A theoretical framework developing Evans and...
Persistent link: https://www.econbiz.de/10008500589
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Impact of financial constraint on incentive compensation and product market behavior
Chowdhury, Jaideep - In: Economics Bulletin 34 (2014) 1, pp. 115-124
This paper introduces financing constraint in a model of incentive compensation and product market and develops key insights about the interactions of product market behavior, financial constraint and incentive compensation. A financially constrained firm faces higher cost of capital which...
Persistent link: https://www.econbiz.de/10010835996
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Initial capital constraints hinder entrepreneurial venture performance
Praag, Mirjam van; Wit, Gerrit de; Bosma, Niels - 2004
This article investigates empirically whether and to what extent initial capital constraints hinder entrepreneurial performance once the venture has been started. Prior empirical research in this area could investigate this issue only indirectly by lack of data. The key contribution of this...
Persistent link: https://www.econbiz.de/10011333876
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Initial capital constraints hinder entrepreneurial venture performance : an empirical analysis
Praag, Mirjam van - 2003
A novel method is applied to evaluate the effect of capital constraints on entrepreneurial performance on a panel of 1,000 Dutch entrepreneurs. We find that initial capital constraints hinder entrepreneurs in their performance, even when we control for various human capital and other factors...
Persistent link: https://www.econbiz.de/10011506454
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Female Entrepreneurship Theory : A Multidisciplinary Review of Resources
Loza de Siles, Emile - 2011
entrepreneurship from across multiple disciplines. She reports that the legal academy has only minimally engaged in entrepreneurship … scholarship and not at all as to female entrepreneurship. Author reviews the origins of female entrepreneurship literature and the … compilations describing the emergence of female entrepreneurship as a business and social phenomenon, the women who undertook and …
Persistent link: https://www.econbiz.de/10013125545
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Clusters of Entrepreneurship
Glaeser, Edward L. - 2015
. A second class of theories hypothesizes that some places are endowed with a greater supply of entrepreneurship. Evidence … on sales per worker does not support the higher returns for entrepreneurship rationale. Our evidence suggests that … entrepreneurship is higher when fixed costs are lower and when there are more entrepreneurial people …
Persistent link: https://www.econbiz.de/10013039335
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Agglomeration and Innovation
Carlino, Gerald A.; Kerr, William - Harvard Business School, Harvard University - 2014
This chapter reviews academic research on the connections between agglomeration and innovation. We first describe the conceptual distinctions between invention and innovation. We then describe how these factors are frequently measured in the data and some resulting empirical regularities....
Persistent link: https://www.econbiz.de/10010852347
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Agglomeration and innovation
Carlino, Gerald A.; Kerr, William R. - Federal Reserve Bank of Philadelphia - 2014
Draft chapter for the forthcoming Handbook of Regional and Urban Economics, Vols. 5A and 5B This paper reviews academic research on the connections between agglomeration and innovation. The authors first describe the conceptual distinctions between invention and innovation. They then discuss how...
Persistent link: https://www.econbiz.de/10010930297
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Agglomerative Forces and Cluster Shapes
Kerr, William R.; Kominers, Scott Duke - Census Bureau, Department of Commerce - 2012
We model spatial clusters of similar firms. Our model highlights how agglomerative forces lead to localized, individual connections among firms, while interaction costs generate a defined distance over which attraction forces operate. Overlapping firm interactions yield agglomeration clusters...
Persistent link: https://www.econbiz.de/10010553120