infonet-economy

In this paper we develop models for the client rate and the volumes of non-maturing accounts. We test the hypothesis that movements in the client rate are dependent upon the market rates regime. We find that the responsiveness of the client rate is symmetric to changes in the short rate, but asymmetric to changes in the longer market rates. Furthermore, the speed of adjustment of the...

Venture capital has become an important source of financing young entrepreneurial firms. Venture capital backed firms are often perceived as more innovative and as creating more value than others. Perhaps for this reason, policy makers are keen to create a good institutional framework to facilitate the development of an active venture capital industry. We explore the role of tax...

Understanding the study of sexual spaces as heterotopological, this article argues that, in the context of sexual minorities, new forms of sexual identity that contest the dominant forms are generated and practiced in specific, 'other', spaces and timings, so-called 'heterotopias'. To develop and illustrate this argument, the garden and gardening practices of...

Drawing on organizational identity theory, we develop a model linking family ownership and expectations, entrepreneurial risk taking, and image in family firms to explain family firm growth. Testing our model on a sample of 163 Swiss family firms, we suggest that entrepreneurial risk taking and image can both lead to growth in family firms. We further find that family expectations...

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PART 1 The nature of small business and entrepreneurship.

CHAPTER 1 Entrepreneurship: definition and evolution.

CHAPTER 2 The personality of entrepreneurs.

CHAPTER 3 Creativity, innovation and entrepreneurship.

CHAPTER 4 Small business: definitions and characteristics.

PART 2 Getting into business.

CHAPTER 5 Options for...

This study focuses on an issue particularly relevant in these difficult financial times. Can family businesses afford the risk associated with making investments that could generate higher returns? Studies examining financing behavior of family firms report higher control risk aversion than nonfamily firms, whereby control risk is measured through leverage levels. We found that...