Entrepreneurship turnover and endogenous returns to ability - HAL Accéder directement au contenu
Article dans une revue Economic Modelling Année : 2008

Entrepreneurship turnover and endogenous returns to ability

Résumé

This paper proposes a model of entrepreneurial turnover highlighting a non-monotone relationship between technological change and ability-biased sorting into entrepreneurial types. Entrepreneurial decisions are examined in a two-stage model under uncertainty in which entrepreneurs decide to abandon a project and start a new venture depending on technological change and on ability. We show that technological change affects the quality distribution of entrepreneurship by increasing the ex-ante number of entrepreneurs undertaking the most efficient projects and decreasing the post-entry number of entrepreneurs of low-quality firms who choose to continue their initial business. A higher rate of technological change is therefore likely to induce a cleansing effect on entrepreneurial activity and to alter the market perception of business creation.
Fichier principal
Vignette du fichier
CrifoSamiMANUSCRIPT_ECOMOD.pdf ( 238.64 Ko ) Télécharger
Origine : Fichiers produits par l'(les) auteur(s)
Loading...

Dates et versions

halshs-00522814, version 1 (01-10-2010)

Identifiants

Citer

Patricia Crifo, Hind Sami. Entrepreneurship turnover and endogenous returns to ability. Economic Modelling, 2008, 25 (4), pp.585-604. ⟨10.1016/j.econmod.2007.10.005⟩. ⟨halshs-00522814⟩
320 Consultations
261 Téléchargements
Dernière date de mise à jour le 20/04/2024
comment ces indicateurs sont-ils produits

Altmetric

Partager

Gmail Facebook Twitter LinkedIn Plus