The returns to education (RTE) for entrepreneurs, unlike for employees, have not yet been estimated by methods coping with the potential endogeneity problem. The authors estimate the RTE for entrepreneurs and employees while testing for and coping with this problem.
The effect of foreign-owned companies on entrepreneurial survival in the Finnish business sector is analyzed by using a new, exceptionally rich linked data on employees, entrepreneurs and their companies. According to the results, foreign-owned companies crowd out local entrepreneurship.
This paper explores the potential of the Finnish Longitudinal Employer-Employee Data (FLEED) in the analysis of entrepreneurship. It is found that these data are excellent for analyzing a certain sort of self-employed individuals who exercise their profession on their own account.
This essay argues that the emerging interest in entrepreneurial development strategies is the start of something new, but does not yet reflect a coherent and comprehensive alternative model for state and local economic development policies.
This paper studies academic entrepreneurs using a comprehensive database on venture-backed companies. Findings indicate that entrepreneurial activities among university employees concentrate in biotechnology and information technology industries.
The author analyses the strategy of an entrepreneur seeking to earn a return on a new discovery when faced by an incumbent firm and pool of potential entrants. Findings indicate that it is the magnitude of the discovery and its susceptibility to appropriation, rather than entry costs, that are the main determinants of whether entry will occur.
On the basis of the three projects a true comparison can now be made of the mental maps of Dutch entrepreneurs in the years 1983, 1993, and 2003. This paper describes and analyses the three mental maps.
The authors argue that variations across countries in entrepreneurship and the spatial structure of economic activities could potentially be the source of different efficiencies in knowledge spillovers and ultimately in economic growth. They use the 2001 GEM cross-country data to measure the level of entrepreneurship in each particular economy.
In the first part of the paper the author analyzes the important role of SMEs as the most crucial factor for the development of the local entrepreneurship. The second part refers to the Structure of the New Accord Three Pillars, focussing on the Basel II Capital Adequacy framework and specifically on the first pillar.
This paper presents the results of an empirical study on the relationship between entrepreneurial culture, regional rates of innovation and regional economic growth. Recent literature mainly in regional science and economic geography has emphasized the role of an entrepreneurial culture in explaining the economic success of regions.