Business Economics - Recent findings from L. Andersson and co-authors highlight research in business 2010 APR 9 - (VerticalNews.com) -- "This paper presents the first study of intergenerational transmissions in immigrant self-employment across three generations. Based on a Swedish data set, the results show that having a self-employed father, as well as having a self-employed grandfather, has a positive effect on self-employment propensities for male third-generation immigrants," scientists writing in the journal Small Business Economics report ...read more
Business Economics - Study data from University of Sao Paulo provide new insights into business economics
2010 APR 9 - (VerticalNews.com) -- According to recent research from Sao Paulo, Brazil, "This article assesses if innovators outperform non-innovators in Brazilian manufacturing during 1996-2002. To do so, we begin with a simple theoretical model and test the impacts of technological innovation (treatment) on innovating firms (treated) by employing propensity score matching techniques."
"Correcting for the survivorship bias in the period, it was verified that, on an average, the accomplishment of technological innovations produces positive and significant impacts on the employment, the net revenue, the labor productivity, the capital productivity, and market share of the firms. However, this result was not observed for the mark-up. Especially, the net revenue reflects more robustly the impacts of the innovations. Quantitatively speaking, innovating firms experienced a 10.8-12.5 percentage points (p.p. henceforth) higher growth on employment, a 18.1-21.7 p.p. higher growth on the net revenue, a 10.8-11.9 p.p. higher growth on labor productivity, a 11.8-12.0 p.p. higher growth on capital productivity, and a 19.9-24.3 p.p. higher growth on their market share, relative to the average of the non-innovating firms in the control group," wrote S. Kannebley and colleagues, University of Sao Paulo ...read more
Business Economics - Research findings from Tor Vergata University update understanding of business 2010 APR 9 - (VerticalNews.com) -- According to recent research from Rome, Italy, "We analyse equilibrium borrowers' effort and the cost of microcredit loans in the presence of moral hazard, project correlation and subsidies under group lending conditions."
"Our results show that under the assumption of endogenous effort, project correlation has significant effects on borrowers' effort only when it is determined by asymmetric (positive or negative) shocks. These findings indicate that the well-known negative effect of within-group (symmetric) project correlation on group lending with joint liability disappears once endogenous effort is taken into account," wrote L. Becchetti and colleagues, Tor Vergata University ...read more
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