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on Entrepreneurship |
| By: | Becker, Annette; Hottenrott, Hanna; Mukherjee, Anwesha |
| JEL: | L26 O32 O33 |
| Date: | 2025 |
| URL: | https://d.repec.org/n?u=RePEc:zbw:vfsc25:325401 |
| By: | Ufuk Akcigit; Harun Alp; Jeremy Pearce; Marta Prato |
| Abstract: | This paper studies how individuals sort into entrepreneurship and invention-related occupations and how their interactions shape innovation and economic growth. We develop an endogenous growth model in which occupational sorting jointly determines the supply of R&D talent and entrepreneurs’ demand for it. Empirically, using Danish microdata, we show that transformative entrepreneurs—those who hire R&D workers—tend to have higher IQ and education and build faster-growing firms than other entrepreneurs. Quantitatively, the estimated model indicates that financial barriers to education misallocate talent; alleviating them through education subsidies increases both demand and supply of R&D workers, raising innovation and long-run growth. Broad startup subsidies are ineffective. |
| Keywords: | entrepreneurship; R&D Policy; innovation; IQ; endogenous growth |
| JEL: | O31 O38 O47 J24 |
| Date: | 2025–09–01 |
| URL: | https://d.repec.org/n?u=RePEc:fip:fednsr:101780 |
| By: | Camarero Garcia, Sebastian; Henao Bermudez, Leandro |
| JEL: | J21 J24 J68 |
| Date: | 2025 |
| URL: | https://d.repec.org/n?u=RePEc:zbw:vfsc25:325367 |
| By: | Robert Fairlie; Frank M. Fossen; Ke Lyu; Robert W. Fairlie |
| Abstract: | The COVID-19 pandemic delivered an unprecedented shock to business entry, with sharply contrasting effects on different types of startups. Using newly constructed administrative data from the Comprehensive Startup Panel covering the universe of U.S. startups, we provide the first official numbers of the pandemic’s impact on employer and nonemployer startup dynamics. Nonemployer startup formation declined substantially in 2020, while employer startups unexpectedly increased. Survival outcomes also diverged: nonemployer startup survival dropped markedly, whereas employer startup survival remained largely stable. These findings reveal a pronounced compositional shift and underscore the importance of designing policies tailored to nonemployer startups in economic crises. |
| Keywords: | entrepreneurship, startups, employers, nonemployers, COVID-19, pandemic, survival, resilience |
| JEL: | L26 E32 M13 |
| Date: | 2025 |
| URL: | https://d.repec.org/n?u=RePEc:ces:ceswps:_12163 |
| By: | Yang Zhang (University of Macau); Ziang Qiu (University of Macau); Donghyun Park (Asian Development Bank); Shu Tian (a) |
| Abstract: | The intricate relationship between wealth redistribution policies and entrepreneurial vitality has long captivated the attention of economists and policymakers. Drawing on data from the Global Entrepreneurship Monitor (GEM) and manually collected information on inheritance taxation policy reforms across a diverse panel of 55 countries from 2000 to 2023, this study uses a staggered difference-in-differences model to examine how the changing rules for wealth transfer taxation influence entrepreneurial activity. Our results show that higher inheritance tax rates are associated with elevated entrepreneurial index scores and that rising inheritance taxes correlate with increases in the entrepreneurial index, while tax cuts correspond to declines. This finding is robust to alternative measures of key constructs and identification strategies. Our results offer valuable insights into how inheritance tax policies influence entrepreneurial behavior, providing essential guidance for policymakers and economists aiming to comprehend the intricate dynamics of wealth transfer and entrepreneurship on a global scale. |
| Keywords: | inheritance tax;entrepreneurship;cross-country;difference-in-differences |
| JEL: | L26 H24 |
| Date: | 2025–09–23 |
| URL: | https://d.repec.org/n?u=RePEc:ris:adbewp:021559 |
| By: | Jean Arrous |
| Abstract: | Reading about the « process of creative destruction » (Capitalism, Socialism and Democracy, chap. III and VII), I think Schumpeter should have named it the « process of destructive creation ». |
| Keywords: | Schumpeter, creative destruction, destructive creation |
| JEL: | B2 B3 L16 L26 O3 P10 |
| Date: | 2025 |
| URL: | https://d.repec.org/n?u=RePEc:ulp:sbbeta:2025-35 |
| By: | Tsambou, André Dumas; Diallo, Thierno Malick |
| Abstract: | Despite the growing evidence on the importance of African countries' participation in global value chains (GVCs), relatively little is known about the role of innovation. This paper tends to fill this gap by examining the effects of innovation on firms' GVC participation in francophone Africa. We rely on survey data covering over 9535 firms in 18 countries. Using propensity score matching and instrumental variable methods, we find strong evidence that innovation is positively related to firms' GVC participation, with large variation across innovation and GVC measures. We also find that the innovation impact varies according to firm size, with significant effects for small firms. |
| Keywords: | Innovation, Global Value Chains, Firm, Francophone Africa |
| JEL: | Q55 F14 D24 O55 |
| Date: | 2025 |
| URL: | https://d.repec.org/n?u=RePEc:zbw:sgscdp:327117 |
| By: | Fietz, Katharina; Lakemann, Tabea; Beber, Bernd; Priebe, Jan; Lay, Jann |
| JEL: | O12 O17 J46 J81 |
| Date: | 2025 |
| URL: | https://d.repec.org/n?u=RePEc:zbw:vfsc25:325459 |
| By: | Kazuyuki MOTOHASHI; Naotoshi TSUKADA; Kenta IKEUCHI |
| Abstract: | Corporate scientists that are involved in scientific activities, often leading to research paper publications, are important for corporate innovation, since science-based innovation tends to be transformative, spanning the boundaries of existing R&D pipelines. Such scientists can also play a role as a bridge between academic researchers, injecting scientific knowledge from outside the firm. However, the publication of internal corporate scientific activities could benefit competitor firms, providing them with input towards their own transformative innovation. In this study, we analyze this trade-off using a linked dataset of research papers and patents (disambiguated by paper author and patent inventor information and patent citation in research papers) of Japanese firms. Specifically, we analyzed two aspects, (1) contribution of corporate scientist research papers to in-house innovation (patent) and (2) capacity of corporate scientists to absorb scientific findings from outside their firms to obtain high quality patents. Our findings indicate that corporate scientists contribute to both aspects of innovation in their firms. |
| Date: | 2025–09 |
| URL: | https://d.repec.org/n?u=RePEc:eti:dpaper:25089 |
| By: | López Abenia, Marta |
| Abstract: | En la actualidad, las redes sociales han adquirido una gran relevancia en el ámbito empresarial, permitiendo a las pequeñas y medianas empresas (pymes) conectar con su audiencia, promocionar sus productos y fortalecer su presencia en el mercado. A raíz de la crisis del COVID-19, el emprendimiento digital ha experimentado un crecimiento significativo, consolidándose como una vía clave para la generación de negocio. El objetivo de este estudio es analizar el impacto del uso de redes sociales en el emprendimiento, utilizando datos de la encuesta Future of Business Survey de Facebook, que recoge información sobre cómo las pymes utilizan plataformas como Facebook, Instagram y WhatsApp para desarrollar sus actividades. A través de un análisis econométrico de datos agregados por país, se estudiarán las variables clave que determinan el éxito de los negocios en redes sociales. |
| Keywords: | Emprendimiento, redes sociales, emprendedor |
| JEL: | M2 M21 |
| Date: | 2025–08–23 |
| URL: | https://d.repec.org/n?u=RePEc:pra:mprapa:126253 |