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Turbulence, Flexibility and Performance of the Long-lived Small Firm

Power, Bernadette; Reid, Gavin C - Tinbergen Institute - 2003

in Scotland. New measures of flexibility and turbulence are used to explain the performance of mature small firms. These … depend on our unique body of evidence from interviews with owner managers. Performance is measured using a Likert scale over … performance. This is done in two forms. The first involves generalised least squares estimation (with heteroskedastic adjustment …

Persistent link: https://www.econbiz.de/10005137189

Unraveling the Shift to the Entrepreneurial Economy

Audretsch, D.B.; Thurik, A.R. - Tinbergen Institute - 2010

significantly increased, and (2) a positive relationship exists between entrepreneurial activity and economic performance. However …

Persistent link: https://www.econbiz.de/10008484066

Competing Recombinant Technologies for Environmental Innovation

Zeppini, Paolo; Bergh, Jeroen C.J.M. van den - Tinbergen Institute - 2010

This article presents a model of sequential decisions about investments in environmentally dirty and clean technologies, which extends the path-dependence framework of Arthur (1989). This allows us to evaluate if and how an economy locked into a dirty technology can be unlocked and move towards...

Persistent link: https://www.econbiz.de/10008838533

Differential Impact of Environmental Policy Instruments on Technological Change: A Review of the Empirical Literature

Vollebergh, Herman R.J. - Tinbergen Institute - 2006

This survey reviews the empirical literature on the impact of environmental policy instruments on the rate and direction of technological change. The survey is explicitly focused on the empirical identification of the hypothesis to expect a stronger impact from market-based incentives than from...

Persistent link: https://www.econbiz.de/10005137334

Optimal Diversity in Investments with Recombinant Innovation

Bergh, Jeroen C.J.M. van den; Zeppini-Rossi, Paolo - Tinbergen Institute - 2008

We address the notion of dynamic, endogenous diversity and its role in theories of investment and technological innovation. We develop a formal model of an innovation arising from the combination of two existing modules with the objective to optimize the net benefits of diversity. The model...

Persistent link: https://www.econbiz.de/10005144531

Gift Exchange in the Workplace

Dur, Robert - Tinbergen Institute - 2008

We develop a model of manager-employee relationships where employees care more for their manager when they are more convinced that their manager cares for them. Managers can signal their altruistic feelings towards their employees in two ways: by offering a generous wage and by giving attention....

Persistent link: https://www.econbiz.de/10005136961

Social Exchange and Common Agency in Organizations

Dur, Robert; Roelfsema, Hein - Tinbergen Institute - 2006

We study the relation between formal incentives and social exchange in organizations where employees work for several managers and reciprocate to a manager's attention with higher effort. To this end we develop a common agency model with two-sided moral hazard. We show that when effort is...

Persistent link: https://www.econbiz.de/10005136973

Reciprocity and Incentive Pay in the Workplace

Dur, Robert; Non, Arjan; Roelfsema, Hein - Tinbergen Institute - 2008

We study optimal incentive contracts for workers who are reciprocal to management attention. When neither worker's effort nor manager's attention can be contracted, a double moral-hazard problem arises, implying that reciprocal workers should be given weak financial incentives. In a...

Persistent link: https://www.econbiz.de/10005137227

The Effect of Job Satisfaction on Job Search: Not just whether, but also where

Delfgaauw, Josse - Tinbergen Institute - 2005

Using survey data of public sector employees in the Netherlands, this paper shows that workers' satisfaction with various job domains not only affects whether but also where workers search for another job. An intuitive pattern emerges. Workers try to leave their current employer when their job...

Persistent link: https://www.econbiz.de/10005450731

The Breakdown of Morale

Vikander, Nick - Tinbergen Institute - 2009

This paper studies how morale in teams can break down. It interprets high morale as team members working together productively, either because of a sense of fairness or because of implicit incentives from repeated interactions. Team members learn that lay-offs will occur at a fixed future date,...

Persistent link: https://www.econbiz.de/10005209501