infonet-economy

This paper proposes that aesthetic inquiry can convey emotional knowledge related to sustainability topics, which is different from scientific inquiry that conveys facts and analysis. Sustainability is an emotionally charged theme of study and people often have difficulty in grappling with its complexity. We provide a method of artbased learning that can help people to understand and...

The decomposition of gender or ethnic wage gaps into explained and unexplained components (often with the aim to assess labor market discrimination) has been a major research agenda in empirical labor economics. This paper demonstrates that conventional decompositions, no matter whether linear or non-parametric, are equivalent to assuming a (probably too) simplistic model of...

The success or failure of a business hinges in the first place on the model that forms the basis of its commercial activities. Business models are needed in all kinds of enterprises. Often these models are not scrutinized with the necessary depth. In situations of high planning uncertainty, e.g., when starting a new business, the lack of data tools to assess the sustainability of...

While succession intentions have received increasing scholarly attention in recent years, there is a lack of knowledge about country-level antecedents and differences. Our paper aims to close this gap by investigating succession intentions of 6,360 students with family business background from 26 countries. More specifically, we blend theory of planned behavior with institutional...

We show how instrumental variable and matching estimators can be combined in order to identify a broader array of treatment effects. Instrumental variable (IV) estimators are known to estimate effects only for the compliers, representing a subset of the entire population. By combining IV with matching, we can estimate the treatment effects for the always- and never-takers as well....

Research on entrepreneurial learning often stresses the role of experience and previous knowledge. We aim to advance this perspective by pointing out the prerequisites and limitations of experience-based forms of learning and by adapting findings from educational psychology to the entrepreneurial context. Developing a model of self-regulated entrepreneurial learning (SREL) we pursue...