New firm creation and failure: A matching approach
Gries, Thomas, Jungblut, Stefan and Naudé, Wim (2012). New firm creation and failure: A matching approach. UNU-MERIT.
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Sub-type Working paper Author Gries, Thomas
Jungblut, Stefan
Naudé, WimTitle New firm creation and failure: A matching approach Publication Date 2012 Place of Publication Maastricht, NL Publisher UNU-MERIT Pages 21 Abstract We propose that the rate of creation and failure of new firm start-ups can be modelled as a search and matching process, as in labor market matching models. Deriving a novel Entrepreneurship-Beveridge curve, we show that a successful start-up depends on the efficiency with which entrepreneurial ability is matched with business opportunity, and outline a number of possible applications of this matching approach to formalize the economics of entrepreneurship. UNU Topics of Focus Entrepreneurship Keyword Entrepreneurship
Start-ups
Labor market matchingJEL L26
M13
O10
O14Copyright Holder UNU-MERIT Copyright Year 2012 Copyright type All rights reserved -
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