Showing 1 - 10 of 127
This study critically examines the implications of capital flight on investment growth in Nigeria between 1970 and 2006, because of the consequential effect it has on economic growth. The time series data properties incorporated were examined using the Augmented Dickey-Fuller (ADF) unit root...
Persistent link: https://www.econbiz.de/10009397182
Expected utility theory views the individual investment decision as a tradeoff between immediate consumption and deferred consumption. But individuals do not always prefer according to the classical theory of economics. Recent studies on individual investor behavior have shown that they do not...
Persistent link: https://www.econbiz.de/10008873558
This paper examines whether equity-based financial slack in the form of relatively high levels of founding equity will systematically hurt new venture performance. Drawing on data on 445 single-founder new ventures over the period 2004-2007, it uses the propensity score matching method to...
Persistent link: https://www.econbiz.de/10011107944
This paper examines whether equity-based financial slack in the form of relatively high levels of founding equity will systematically hurt new venture performance. Drawing on data on 445 single-founder new ventures over the period 2004-2007, it uses the propensity score matching method to...
Persistent link: https://www.econbiz.de/10011110946
The paper presents the analysis of recent developments of Schumpeterian theory of entrepreneurship and innovation in …
Persistent link: https://www.econbiz.de/10011212782
Economic growth and unemployment exhibit an ambiguous relationship – according to empirical studies. This ambiguity can be investigated by observing the role of the underground economy in shaping the productivity of firms. Indeed, unemployment may be absorbed by underground firms, which adopt...
Persistent link: https://www.econbiz.de/10011212957
Using case study analysis based on in-depth interviews we aim to extend the entrepreneurship research in transition … context in Poland. Entrepreneurship models build in America and Western Europe do not picture the specifics of … entrepreneurship in transition economies. The author reviews concepts and theses on entrepreneurship in this context and argues that …
Persistent link: https://www.econbiz.de/10011259343
The global financial crisis of 2007-2008 changed the landscape of financing a business, affecting all projects that are looking for growth based on access to capital. Non-bank finance and new forms of equity access started to emerge not only for attractive born-global start-ups but also for...
Persistent link: https://www.econbiz.de/10011259491
varied across different enterprises. The findings are important in formulating policy for entrepreneurship development and …
Persistent link: https://www.econbiz.de/10011259889
The study discusses myths of entrepreneurship by looking at the overlapping areas of entrepreneurship, self … journalists, translators, interpreters and artists at the blurred boundaries between waged work and entrepreneurship. Findings … reveal that the professions are clearly different and the manifestations of entrepreneurship vary, reflecting the work and …
Persistent link: https://www.econbiz.de/10011260051