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1.
This paper investigates whether a high level of new business formation in a region stimulates employment growth in that region.
We look at the lag structure of these effects using a data set covering a fairly large time span (1982–2002). We find that
indirect effects of new firm births on subsequent employment growth are stronger than direct effects. However, indirect effects
only occur about 8 years after new firm formation. In particular, and unlike the findings from studies of other countries
using a similar approach, positive indirect effects do not seem to tail off in the Portuguese case. This is likely due to
a general pattern of results in which lags appear to be longer for Portugal. In view of these results, we suggest that the
lag times and magnitudes the effects on new firm formation on subsequent employment growth are likely dependent on the types
and qualities of start-ups.
相似文献
Paulo MadrugaEmail: |
2.
The effect of new business formation on regional development over time: the case of Germany 总被引:6,自引:0,他引:6
We investigate the effects of new business formation on employment change in German regions. A special focus is on the lag-structure
of this effect and on differences between regions. The different phases of the effects of new business formation on regional
development are relatively pronounced in agglomerations as well as in regions with a high-level of labor productivity. In
low-productivity regions, the overall employment effect of new business formation activity might be negative. The interregional
differences indicate that regional factors play an important role.
相似文献
Pamela MuellerEmail: |
3.
This paper examines the relationship between new firm formation and regional employment change in The Netherlands. Using a
new regional data base for the period 1988–2002, we examine the time lags involved in the relationship. We also investigate
whether the relationship differs by sector and by degree of urbanization. We find that the maximum effect of new businesses
on regional development is reached after about 6 years. Our results also suggest that the overall employment impact of new-firm
start-ups is positive but that the immediate employment effects may be small in The Netherlands. Furthermore, we find that
the employment impact of new firms is strongest in manufacturing industries and that the employment impact of new firms is
stronger in areas with a higher degree of urbanization.
相似文献
André van StelEmail: |
4.
The paper examines the impact of Foreign Direct Investment (FDI) on the survival of business start-ups. FDI has potential
for both negative displacement/competition effects as well as positive knowledge spillover and linkage effects on new ventures.
We find a net positive effect for the whole dataset. However, a major contribution of the paper is to outline and test an
argument that this effect is likely to be comprised of a net negative effect in dynamic industries (high churn: firm entry
plus exit relative to the stock of firms) alongside a net positive effect in static (low churn) industries. We find evidence
to support this view. The results identify new effects of globalisation on enterprise development with associated challenges
for industrial policy.
相似文献
Andrew BurkeEmail: |
5.
The effects of new firm formation on regional development over time: The case of Great Britain 总被引:1,自引:0,他引:1
This paper re-examines the link between new firm formation and subsequent employment growth. It investigates whether it is
possible to have the wrong type of entrepreneurship—defined as new firm formation which leads to zero or even negative subsequent
employment growth. It uses a very similar approach to that of Fritsch and Mueller (Regional Studies, 38(8), 961–976, 2004),
confirming their findings that the employment impact of new firm formation is in three discrete phases. Then, using data for
Great Britain, the paper shows the employment impact of new firm formation is significantly positive in the high-enterprise
counties of Great Britain. However, for the low-enterprise counties, it shows that new firm formation has a negative effect
on employment. Of the 15 low-enterprise regions, eight are Scottish (of nine Scottish regions in our data base) and three
are North East Counties (of four). Our findings imply that having the “wrong type of entrepreneurship” is indeed possible.
相似文献
Pamela MuellerEmail: |
6.
The article analyses the relationship between succession and firm performance. Applying a non-parametric matching approach
on a panel of roughly 4,000 Austrian family firms we evaluate the impact of actual (past) succession as well as planned (future)
successions on employment growth. Analysing succession plans, we do not find a significant difference in employment growth
between firms that plan to transfer the firm in the next 10 years and those who do not. In contrast, past succession exerts
a significant and positive employment growth effect, which becomes stronger over time.
相似文献
Denise Sandra DiwischEmail: |
7.
Effect of credit guarantee policy on survival and performance of SMEs in Republic of Korea 总被引:1,自引:1,他引:0
This study evaluates the effect of credit guarantee on SMEs at the firm level. To estimate the effect of credit guarantee,
we analyze relations between credit guarantee, the survival of guaranteed firms, and their productive performance. The result
indicates that credit guarantee frequency enabled guaranteed firms to achieve good performances in general. On the contrary,
the effect of guarantee amounts is ambiguous in that there is difference between the contemporary effect and the lagged effect.
Therefore, we conclude that credit guarantee satisfied partially its goal to alleviate SMEs’ difficulty in acquiring finance
and to stabilize employment.
相似文献
Almas HeshmatiEmail: Email: |
8.
Firm growth in industrial clusters of the United Kingdom 总被引:1,自引:0,他引:1
This article examines how firm growth is influenced by the strength of the industrial cluster in which the firm is located.
It presents econometric estimates of firm growth for 56 two-digit industries in the UK. In about half of these industries,
there is a positive and statistically significant association between firm growth and own-sector employment. Significant associations
between firm growth and other-sector employment are less common, but where these arise they are generally negative. We find
that a weak rule of thumb applies in most industries: own-sector effects are positive or insignificant, while other-sector
effects are negative or insignificant. Cluster effects are strongest in manufacturing, manufacturing-related, and infrastructure,
but weaker in services.
相似文献
Catherine BeaudryEmail: |
9.
Much of the theoretical work on industry dynamics focuses on the role of ‘noisy’ selection and incomplete information on firm
entry and survival. We extend this research by looking at the impact of firm heterogeneity on employment effects for 320 U.S.
Metropolitan Statistical Areas (MSA). We find that only start-ups with greater than 20 and less than 500 employees have persistent
employment effects over time and only in large diversified metropolitan regions. Therefore, both the type of entry (Gazelles)
and the characteristics of the region are important for employment growth.
相似文献
Pamela MuellerEmail: |
10.
Business Ethics Training: Insights from Learning Theory 总被引:1,自引:3,他引:1
John A. Weber 《Journal of Business Ethics》2007,70(1):61-85
This paper explores research in educational psychology and learning theory in a search for insights to enhance business ethics
training Useful educational principles uncovered are then applied to the development of an ethics training initiative for
sales professionals. The paper concludes with suggestions for future research to help enrich business ethics training.
相似文献
John A. WeberEmail: |
11.
In this paper, we consider third-degree price discrimination in two markets in the presence of asymmetric consumption externalities;
we establish that under plausible conditions, a firm reduces its price in the market with low price elasticity of demand.
The firm can increase its profits by reducing the price for these consumers and enlarging the demand for other consumers,
provided that positive consumption externalities exist. Moreover, we show that third-degree price discrimination enhances
not only the firm’s profit but also total consumer surplus.
相似文献
Tatsuhiko NariuEmail: |
12.
Scott Fay 《Marketing Letters》2009,20(3):277-293
This paper shows that the Name-Your-Own-Price (NYOP) business model can help soften competition. When consumers differ in
their frictional costs (i.e., the shopping hassle) they experience when bidding at an NYOP retailer, the NYOP format can be
a mechanism for differentiating a retailer from a posted-price rival. Beyond providing a motivation for using an NYOP mechanism,
competition also has important implications for the optimal structure of the NYOP format. For example, this paper shows that
prohibiting rebidding may benefit an NYOP firm by reducing price rivalry.
相似文献
Scott FayEmail: |
13.
This paper investigates whether small businesses face financial constraints that affect their survival. A model of moral hazard
is developed in which financial constraints arise endogenously. The model predicts that higher private assets relax financial
constraints and have a positive effect on the firm’s probability of survival. The empirical analysis confirms that the entrepreneur
has a higher propensity to stay in business when she inherits capital. This effect is particularly strong for entrepreneurs
who switch from self-employment into wage employment.
相似文献
Oleksandr TalaveraEmail: |
14.
The study investigates how an organization’s entrepreneurial orientation moderates the interplay between market orientation
and marketing subunit influence on firm performance. The hypothesized model predicts that the positive interaction between
market orientation and marketing subunit influence has a weaker effect on firm performance under conditions of high entrepreneurial
orientation. The regression and supplementary analyses provide support for most predictions and, most importantly, for a negative
three-way interaction effect: At higher levels of entrepreneurial orientation, the positive moderating effect of marketing
subunit influence on the market orientation–business performance relationship is reduced. The authors discuss the managerial
and theoretical implications of their findings and provide a number of directions for further research.
相似文献
Seigyoung AuhEmail: |
15.
Many Continental European countries recently reformed their bankruptcy legislations to stimulate reorganization and firm survival.
We show that the Belgian 1997 bankruptcy code reform, which implemented several international best practice recommendations,
significantly reduced aggregate small and micro business bankruptcy rates. However, using distributed lag models to control
for the relationship between bankruptcy rates and macroeconomic variables such as real GDP growth, consumer confidence, inflation,
etc., we find that the new code’s impact is not the same for all types of companies. Specifically, while the beneficial effect
of the reform is largely similar between small firms (i.e. stock corporations) and micro firms (i.e. partnerships), it is
only significant in certain industries (manufacturing and trade). Overall, our results indicate that especially the measures
taken to limit domino bankruptcy effects are likely to have had a substantial impact. Our findings have several policy implications
for the evaluation and modification of the bankruptcy system.
相似文献
Cynthia Van HulleEmail: |
16.
Michael Fritsch 《Small Business Economics》2008,30(1):1-14
This paper gives an overview of the empirical research on the effects of new business formation on regional development and
introduces the contributions to this special issue. The effects of new businesses on regional development emerge over a longer
time-period of up to ten years. A main focus of the contributions to this special issue is on the distribution of these effects
over time and on the magnitude of the overall effect. While the basic pattern found for the different countries and regions
is quite similar, the magnitude of the overall effect can be different and may even be negative. There are strong indications,
that the type of entrants plays an important role in this respect.
相似文献
Michael FritschEmail: |
17.
We investigate what determines the maturity of lines of credit to small businesses. Our results provide strong support for
the hypothesis that shorter loan maturities serve to mitigate the problems associated with borrower risk and asymmetric information
that are typical of small business lending. We find that maturity is shorter for firm owners that have poor credit histories,
are older, and less experienced, and for firms that are more informationally opaque. Supporting the notion that collateral
and maturity are substitute mechanisms in mitigating agency problems, we also find strong evidence that maturity increases
with collateral pledges, that personal collateral is associated with longer maturities than business collateral, and that
collateral types that better mitigate agency problems reduce the sensitivity of loan maturity to informational asymmetries
and risk. Finally, while it is argued that relationship lending may mitigate information asymmetry, we find no relation between
loan maturity and stronger firm-creditor ties.
相似文献
María Fabiana Penas (Corresponding author)Email: |
18.
The roles of R&;D in new firm growth 总被引:2,自引:0,他引:2
Innovative start-ups are an important driver of economic growth. This article presents empirical evidence on the effects of
research and development (R&D) on new product development, interfirm alliances and employment growth during the early life
course of firms. We use a dataset that contains a sample of new firms that is representative of the whole population of start-ups.
This dataset covers the first 6 years of the life course of firms. It is revealed that R&D plays several roles during the
early life course of high-tech as well as high-growth firms. The effect of initial R&D on high-tech firm growth is through
increasing levels of interfirm alliances in the first post-entry years. R&D efforts enable the exploitation of external knowledge.
Initial R&D also stimulates new product development later on in the life course of high-tech firms, but this does not seem
to affect firm growth. R&D does not affect the growth rate of new low-tech firms, which seem to be driven mainly by the growth
ambitions of the founding entrepreneur. The results show that R&D matters for a limited but important set of new high-tech
and high-growth firms, which are key in innovation and entrepreneurship policies.
相似文献
Karl WennbergEmail: |
19.
Business students are confronted early in their academic careers with examples of questionable acts and practices related
to individual and corporate integrity. The current study identifies four segments of students with respect to their attitudes
toward unethical behavior and is one of the first known attempts to understand country corruption and its impact on students
of business. Findings from a worldwide survey of over 6,000 business students suggest that corruption does breed corruption
and that business students in more corrupt countries have a greater likelihood than their counterparts in less corrupt countries
to equate legal and ethical. It appears that business students in more corrupt countries expect to use the law as their ethical
gauge in business decisions.
相似文献
Victoria L. CrittendenEmail: |
20.
Joseph Heath 《Journal of Business Ethics》2008,83(4):595-614
The prevalence of white-collar crime casts a long shadow over discussions in business ethics. One of the effects that has
been the development of a strong emphasis upon questions of moral motivation within the field. Often in business ethics, there
is no real dispute about the content of our moral obligations, the question is rather how to motivate people to respect them.
This is a question that has been studied quite extensively by criminologists as well, yet their research has had little impact
on the reflections of business ethicists. In this article, I attempt to show how a criminological perspective can help to
illuminate some traditional questions in business ethics. I begin by explaining why criminologists reject three of the most
popular folk theories of criminal motivation. I go on to discuss a more satisfactory theory, involving the so-called “techniques
of neutralization,” and its implications for business ethics.
相似文献
Joseph HeathEmail: |