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on Entrepreneurship |
| By: | Butzin, Anna; Flögel, Franz; Meyer, Kerstin; Rabadjieva, Maria |
| Abstract: | This paper discusses the interplay between university entrepreneurial ecosystems (UEE) and regional entrepreneurial ecosystems (REE) in knowledge-based regional development, focusing on their permeability, boundaries, and complementarities. Using qualitative data from 176 events attended by startups from UEE and REE in the German Ruhr region, the research reveals an asymmetric permeability: UEE startups frequently engage with REE events to access market knowledge and managerial skills, while REE startups rarely participate in UEE activities beyond recruiting graduates. Both ecosystems deliver similar types of entrepreneurial knowledge, such as managerial and funding insights, but differ in their emphasis. UEEs focus more on market insights linked to technology commercialisation, whereas REEs emphasise marketing knowledge reflecting closer market proximity. The findings highlight the REE's nurturing role by providing practical support and market access for the UEE startups. The study suggests fostering greater inclusivity of UEEs to benefit a broader range of founders and recommends hybrid event formats combining UEE and REE resources to enhance regional innovation dynamics. |
| Keywords: | university entrepreneurial ecosystems, regional development, knowledge transfer, entrepreneurial ecosystems |
| Date: | 2026 |
| URL: | https://d.repec.org/n?u=RePEc:zbw:iatdps:343531 |
| By: | Scheu, Maximilian; Kuckertz, Andreas |
| Abstract: | In this theoretical paper, we challenge the notion that aiming for inclusiveness per se improves the effectiveness of entrepreneurial ecosystems (EEs). We argue that thriving EEs tend to require a delicate balance between inclusiveness and selectiveness. In many contexts, contributions should primarily determine access to the EE. Moreover, we suggest that transparent inclusion processes can integrate both fairness and efficiency; we term that theoretical perspective contributism. Accordingly, we caution against well-intentioned inclusivity efforts that may inadvertently reinforce new forms of exclusion. Instead, we advocate for contribution-based thresholds that uphold excellence and call for a more nuanced dialogue that recognizes contribution-based selectiveness as an often necessary component of productive EEs. |
| Keywords: | entrepreneurial ecosystems, inclusiveness, contributism, selectiveness |
| Date: | 2026 |
| URL: | https://d.repec.org/n?u=RePEc:zbw:hohdps:343543 |
| By: | Andrew Foster; Moritz Poll; Hyun Soo Suh |
| Abstract: | Ultra-poor graduation programs (UPG) reliably reduce extreme poverty among adult recipients, yet their intergenerational effects on children remain largely undocumented. We study a child-focused UPG in rural Malawi that augments the standard graduation bundle with early childhood development (ECD) training, targeting mothers with young children in a population that is both severely stunted and approximately 1 SD behind international benchmarks on cognitive and non-cognitive development. In an RCT of 1, 872 households, we show that the intervention raises child development by 0.16 to 0.26 SD within one year but has no significant effects on anthropometrics. Behind the impacts is a broad shift in parental inputs and behaviors. The results demonstrate that a child-focused anti-poverty program can generate child development gains that have not been documented in comparable programs without a child focus. |
| JEL: | I24 I25 O12 O15 |
| Date: | 2026–09 |
| URL: | https://d.repec.org/n?u=RePEc:nbr:nberwo:35710 |
| By: | Canipek, Aras; Kind, Axel; Litov, Lubomir; Trešl, Jiří |
| Abstract: | Weaker creditor rights can increase credit costs and thus prompt firms to reduce debt and investment. Yet, they can reduce distress costs and thus allow firms to increase leverage and eliminate risk-reducing but unprofitable investments. We hypothesize that firm size influences the effect of creditor rights on credit costs and distress costs and thus which effect dominates. Weaker creditor rights should have a negative effect for small firms but a positive effect for large firms. Using a German bankruptcy reform, we find support for our hypothesis. Our findings reconcile mixed evidence and have important implications for optimal bankruptcy design. |
| Keywords: | creditor rights, bankruptcy law, debt, investments, firm size |
| JEL: | G31 G32 G33 G34 G38 K22 |
| Date: | 2026 |
| URL: | https://d.repec.org/n?u=RePEc:zbw:safewp:343060 |
| By: | Thiemo Fetzer (University of Warwick and University of Bonn); Christina Palmou (King's College London); Jakob Schneebacher (Institute for Fiscal Studies); Ivan Yotzov (Bank of England) |
| Abstract: | In a turbulent world, effective policy requires granular estimates of firm responses to shocks as they unfold. We develop a replicable framework that combines high-frequency administrative and survey microdata with a pre-registered shift-share design to estimate multi-margin firm responses in real time. We show that the resulting coefficient vectors can be interpreted as first-order perturbations of firms’ optimal-response functions. We apply the framework to the 2021–23 UK energy price shock and find that energy-intensive firms pass on cost increases, build cash reserves and shift towards homeworking. We find little evidence of aggregate employment losses or firm exits. Responses are highly heterogeneous: small firms drive price pass-through; large firms, capital investment. We show that our real-time estimates are consistent with the UK’s structural business survey, released two years later, and across survey instruments. We apply the framework out of sample and in real time to the energy price shock triggered by the 2026 US–Israeli strikes on Iran and discuss implications for the design of energy support schemes and environmental policy. |
| Keywords: | Real-time evaluation;firm dynamics;economic shocks;energy prices. |
| JEL: | C23 D22 D24 H23 L11 |
| Date: | 2026–08–28 |
| URL: | https://d.repec.org/n?u=RePEc:boe:boeewp:023580 |
| By: | Duncan Chandabemba Ngwenya (Faculty of Economics) |
| Abstract: | This study examines Micro, Small, and Medium Enterprise (MSME) performance across Zimbabwe, South Africa, and Botswana using survey data from 1, 161 businesses. The analysis focuses on owner income growth, employee salary structures, employment patterns, and access to financial assistance. The findings reveal substantial cross-country heterogeneity that challenges conventional assumptions about MSME financing. Zimbabwean MSME owners achieve the highest income growth (47.0 percent) despite having the smallest loan capacity (50, 000 USD maximum), while Botswanan owners exhibit modest growth (8.0 percent) despite the largest loan capacity (1.11 million USD maximum). Employee salary growth is remarkably consistent across countries (29.5-32.5 percent), suggesting that government financial support programs benefit workers regardless of owner outcomes. Agriculture demonstrates the highest sectoral owner income growth (52.3 percent), and no statistically significant gender differences are found. |
| Keywords: | MSMEs, Owner income, Employee salaries, Business types, Cross-country comparison, Southern Africa |
| JEL: | J31 L25 L26 O16 |
| Date: | 2026–05–26 |
| URL: | https://d.repec.org/n?u=RePEc:boh:wpaper:05_2026 |
| By: | Yang, C.; Guo, N.; Zhang, W |
| Abstract: | Are entrepreneurs born or made? We study how genetic endowments shape entrepreneurship, intergenerational mobility, and wealth concentration by combining polygenic scores with a structural overlapping-generations model. Combining data from Understanding Society and the National Child Development Study, we show that genetic endowments related to educational attainment and risk tolerance predict entrepreneurial selection and entrepreneurial earnings. We develop and estimate a model in which genetic endowments affect pre-market skill formation, preferences, and occupation- specific returns, while parents influence children through genetic transmission, time investments, and cash transfers. We find that genetic heterogeneity accounts for a substantial share of intergenerational persistence (roughly 20–35 percent across earnings, consumption, and income ranks) and plays an important role in the formation of entrepreneurial dynasties. At the individual level, genetic endowments explain a modest but economically meaningful share of lifetime income variation, with effects that are twice as large among entrepreneurs as among wage workers. In counterfactual policy experiments, we compare financing wealth through credit expansion with financing talent through venture-capital intermediation. Holding fixed the amount of capital supplied, financing talent generates greater intergenerational mobility and higher aggregate output than financing wealth, but at the cost of higher inequality. |
| Keywords: | Entrepreneurship, Genetics, Intergenerational Mobility, Wealth Distribution |
| JEL: | D31 L26 J24 J62 E24 |
| Date: | 2026–08–18 |
| URL: | https://d.repec.org/n?u=RePEc:cam:camdae:2668 |
| By: | Alvaro-Taus, Marta; Fitzgerald, Keith; Kren, Janez; O'Regan, Cynthia; O'Toole, Conor |
| Date: | 2026 |
| URL: | https://d.repec.org/n?u=RePEc:esr:wpaper:wp830 |
| By: | Coates, Dermot; McIndoe-Calder, Tara; O'Toole, Conor; O'Shea, Dónal; Tran, Chi |
| Date: | 2026 |
| URL: | https://d.repec.org/n?u=RePEc:esr:wpaper:wp833 |
| By: | Bijedić-Krumm, Teita; Mokhtar, Julia; Nielen, Sebastian; Schneider, Sebastian; Stephan, Meike |
| Abstract: | Die Studie untersucht, welche Faktoren das Zustandekommen und den Erfolg von Innovationskooperationen zwischen kleinen und mittleren Unternehmen (KMU) und Hochschulen beeinflussen. Für KMU sind Hochschulen wichtige Partner, weil sie ihnen Zugang zu wissenschaftlichem Know-how, Forschungsinfrastruktur und Förderkompetenz bieten. Zentrale Erfolgsfaktoren für Innovationskooperationen sind bestehende Netzwerke, Vertrauen sowie ein gegenseitiges Verständnis für die unterschiedlichen Arbeitsweisen und Ziele von Wissenschaft und Wirtschaft. Erschwert wird die Zusammenarbeit durch begrenzte finanzielle und personelle Ressourcen, unterschiedliche Zeithorizonte und bürokratische Anforderungen der Förderprogramme. Innovationskooperationen zwischen KMU und Hochschulen könnten dadurch befördert werden, dass Hochschulen die Sichtbarkeit ihrer Forschung erhöhen und regionale Transferverbünde auf- bzw. ausgebaut werden. |
| Abstract: | The study examines the factors that influence the establishment and success of innovation cooperation between small and medium-sized enterprises (SMEs) and universities. Universities are important partners for SMEs, as they offer access to scientific expertise, research infrastructure and expertise in securing funding. Key success factors for innovation partnerships include existing networks, trust and a mutual understanding of the different working methods and objectives of academia and industry. At the same time, limited financial and human resources, differing time horizons and the bureaucratic requirements of funding conditions hamper collaboration. Universities should raise the profile of their research. Regional knowledge transfer networks should be established or expanded. |
| Keywords: | Innovationskooperationen, FuE, Innovationen, KMU, Hochschulen, Innovation cooperation, R&D, Innovation, SME, Universities |
| JEL: | O31 O32 O38 I23 |
| Date: | 2026 |
| URL: | https://d.repec.org/n?u=RePEc:zbw:ifmmat:343588 |
| By: | Michalski, Tino; Charova, Sonja |
| Abstract: | Das vorliegende Working Paper untersucht die innovative Weiterentwicklung von MBA-Programmen bei den Fachkompetenzen Entrepreneurship, Corporate Entrepreneurship und Business Development durch die Integration von Healthy Leadership, Healthy Entrepreneurship und Life Design. Ziel ist es, aufzuzeigen, wie klassische wirtschaftswissenschaftliche Kompetenzen um gesundheitsbezogene und resilienzfördernde Aspekte ergänzt werden können. Die bisherigen Forschungsergebnisse deuten darauf hin, dass diese Themen im Zuge eines zunehmend gesundheitsbewussten Verständnisses von Arbeit, Führung und Entrepreneurship an Bedeutung gewinnen und einen wertvollen Beitrag zur Ausbildung zukünftiger Führungskräfte leisten könnten. Auf Grundlage der Analyse diese Working Papers wird ein erster konzeptioneller Vorschlag für ein entsprechend erweitertes und erneuertes MBA-Programm entwickelt. Das Working Paper liefert damit Impulse für die Weiterentwicklung von MBA-Studienprogrammen und zeigt gleichzeitig Ansatzpunkte für zukünftige Forschung auf. |
| Abstract: | This working paper examines the innovative further development of MBA programs in the competence areas of Entrepreneurship, Corporate Entrepreneurship und Business Development through the integration of Healthy Leadership, Healthy Entrepreneurship and Life Design. The aim is to demonstrate how traditional business competencies can be supplemented with health-related and resilience-building aspects. The existing research suggests that these topics are gaining importance in the context of an increasingly health-conscious understanding of work, leadership and entrepreneurship and could make a valuable contribution to the education of future leaders. Based on the analysis of this working paper, an initial conceptual proposal for a correspondingly expanded and renewed MBA program is developed. This working paper thus provides an impetus for the further development of MBA programs and simultaneously identifies starting points for future research. |
| Date: | 2026 |
| URL: | https://d.repec.org/n?u=RePEc:zbw:fhfwps:343562 |