منابع مشابه
Entrepreneurship and the Market Process
ness will here be regarded, therefore, not only as a property possessed to a greater or lesser degree by all (conscious or unconscious) mental processes, but as the basis of man’s capacity to move successfully in a world very imperfectly known to him – an adaptation to his ignorance of most of the particular facts of his surroundings. (Hayek 1973:30; emphasis added) Entrepreneurs must formulate...
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This paper explores the formation and growth of entrepreneurship in three different types of business venture under market socialism in China. It reveals how key contingency factors interacting in different types of firm shape the 'Chinese Characteristics' of entrepreneurial processes in 'China' type of market economy and explains its impact on firm's growth or failure. It emphasizes the import...
متن کاملWage Inequality and Entrepreneurship Job Market Paper
This paper provides a theory of wage inequality that hinges on entrepreneurship. The theory is motivated by new empirical findings. Among them, I document that in countries where barriers to entrepreneurship are high, wage inequality is low. As noted in the literature, differences in wage inequality across countries are, to a great extent, determined by differences in the skill premium, defined...
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Innovation in the start-up market is a key determinant of economic growth. But what determines an inventor’s decision to begin a new venture and his or her subsequent innovation? This paper analyzes the role of the financial market of acquisitions. After documenting its increasing importance as the dominant exit path for entrepreneurs, I test a novel catering theory of innovation: Does the mark...
متن کاملRiding the Dragon : Entrepreneurship under Market Transition
This dissertation focuses on three of the most important questions in entrepreneurship study, namely venture financing, corporate strategy and firm performance. The main thrust of the dissertation is to elaborate the mechanisms through which institutional and social factors impact entrepreneurial activities in developing countries. The first essay, "Evaluation or Attention", examines the causal...
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ژورنال
عنوان ژورنال: Modern Economy
سال: 2019
ISSN: 2152-7245,2152-7261
DOI: 10.4236/me.2019.103039