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performance. The entrepreneur's human capital is, though, only one of the input factors into the production process of her venture … formulate the following proposition: The performance of an entrepreneur is not only affected positively by her own education … year t and several measures of the performance of individual entrepreneurs in that same country and year, including …
Persistent link: https://www.econbiz.de/10010325662
This paper conducts the first general equilibrium analysis of the role of entry, exit and profits in industry dynamics. The benefit of our model is twofold. First, to discriminate between entrants’ role of performing the entrepreneurial function of creating disequilibrium and the conventional...
Persistent link: https://www.econbiz.de/10010326013