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| Author: | Dulleck, U. Frijters, P. Winter-Ebmer, R. |
| Title: | Reducing start-up costs for new firms: the double dividend on the labor market |
| Journal: | Scandinavian Journal of Economics
2006 : VOL. 108:2, p. 317-337 |
| Index terms: | new enterprise venture capital costs education labour markets skilled workers models |
| Language: | eng |
| Abstract: | For educated and high-skilled (here as: h-s.) workers, starting a firm with expansive potential is an option. It is shown in a matching model that reducing the start-up costs for new firms results in higher take-up rates of education. It also gives rise to higher rates of job creation for h-s. labour as well as average match productivity. Empirical evidence is provided to support the paper's argument. |
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