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Internet portals as portfolios of entry options

Perotti, Enrico C.; Rossetto, Silvia - 2000

We investigate the valuation of platform investment, such as asoftware operating system or anInternet portal WebPage. Platform investment is the creation of aninnovative distribution andproduction infrastructure, which increases access to customers; as aresult it reduces entry costs inrelated...

Persistent link: https://www.econbiz.de/10011304383

Intra firm bargaining and shapley values

Bruegemann, Bjoern; Gautier, Pieter; Menzio, Guido - 2015

The paper revisits the problem of wage bargaining between a firm and multiple workers. We show that the Subgame Perfect Equilibrium of the extensive-form game proposed by Stole and Zwiebel (1996a) does not imply a profile of wages and profits that coincides with the Shapley values as claimed in...

Persistent link: https://www.econbiz.de/10011327338

Business ownership and unemployment in Japan

Acht, Joost van; Stam, Joop A.; Thurik, Adriaan R.; … - 2004

Persistent link: https://www.econbiz.de/10001993287

Market liquidit y, investor participation and managerial autonomy: why do firms go private?

Boot, Arnoud W. A.; Gopalan, Radhakrishnan; Thakor, Anjan V. - 2006

Persistent link: https://www.econbiz.de/10003268862

Market liquidity, investor participation and managerial autonomy : why do firms go private?

Boot, Arnoud W. A.; Gopaian, Radhakrishnan; Thakor, Anjan V. - 2005

We analyze a publicly-traded firm's decision to stay public or go private when managerial autonomy from shareholder intervention affects the supply of productive inputs by management. We show that both the advantage and the disadvantage of public ownership relative to private ownership lie in...

Persistent link: https://www.econbiz.de/10011348720

Small firms, entrepreneurship and economic growth

Thurik, Adriaan R. - 1995

Persistent link: https://www.econbiz.de/10000907064

Ethnic entrepreneurship and migration : a survey from developing countries

Doen, Marthen L. n (contributor) - 1998

Persistent link: https://www.econbiz.de/10000994231

On the origins of entrepreneurship : evidence from sibling correlations

Lindquist, Matthew J.; Sol, Joeri; Praag, Mirjam van; … - 2016

Promoting entrepreneurship has become an increasingly important part of the policy agenda in many countries. The … success of such policies, however, rests in part on the assumption that entrepreneurship outcomes are not fully determined at … background and neighborhood effects as determinants of entrepreneurship, by estimating sibling correlations in entrepreneurship …

Persistent link: https://www.econbiz.de/10011539965

The Schumpeterian entrepreneur : a review of the empirical evidence on the antecedents, behavior, and consequences of innovative entrepreneurship

Block, Jörn; Fisch, Christian; Praag, Mirjam van - 2016

Innovative entrepreneurship is considered an important pillar for economic development and has sparked a lively … that takes stock of the academic knowledge about innovative entrepreneurship and summarizes the evidence from 102 empirical … innovative entrepreneurship. Based on this state-of-the-art literature review, directions for future research are discussed. …

Persistent link: https://www.econbiz.de/10011531131

The entrepreneur's mode of entry : business takeover or new venture start?

Parker, Simon C.; Praag, Mirjam van - 2006

We analyse the decision to become an entrepreneur by either taking over an established business or starting a new venture from scratch. A model is developed which predicts how several individual- and firm-specific characteristics influence entrepreneurs' entry mode. The new venture creation mode...

Persistent link: https://www.econbiz.de/10011349713