Imperfect Transmission of Tacit Knowledge and other Barriers to Entrepreneurship.

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Imperfect Transmission of Tacit Knowledge and other Barriers to Entrepreneurship.

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dc.contributor.author Kanniainen, Vesa en_US
dc.contributor.author Poutvaara, Panu en_US
dc.date.accessioned 2009-02-04T10:28:18Z
dc.date.available 2009-02-04T10:28:18Z
dc.date.issued 2007-12-04T00:00:00Z en_US
dc.identifier.uri http://hdl.handle.net/10398/7711
dc.description.abstract This paper identifies several distortions which create barriers to entrepreneurship. First, in addition to the innate entry cost, there are entry costs caused by regulation. Second, union wage policies raise the opportunity cost of entrepreneurship. Third, inefficiencies in the transmission of tacit knowledge between generations of entrepreneurs can arise: with access to within-family ownership transfer, the outside market for entrepreneurship operates as a lemon’s market. This problem becomes relevant when the economic life of a business idea exceeds the active life of an entrepreneur. barriers to entrepreneurship, tacit knowledge, occupational choice en_US
dc.format.extent 20 s. en_US
dc.language eng en_US
dc.relation.ispartofseries Discussion paper;2007-18 en_US
dc.title Imperfect Transmission of Tacit Knowledge and other Barriers to Entrepreneurship. en_US
dc.type wp en_US
dc.accessionstatus modt07dec04 nijemo en_US
dc.contributor.corporation Copenhagen Business School. CBS en_US
dc.contributor.department Centre for Economic and Business Research en_US
dc.contributor.departmentshort CEBR en_US
dc.contributor.departmentuk Centre for Economic and Business Research en_US
dc.contributor.departmentukshort CEBR en_US
dc.idnumber x656555563 en_US
dc.publisher.city København en_US
dc.publisher.year 2007 en_US


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