Arbeitspapier

Extreme Events, Entrepreneurial Start-Ups, and Innovation: Theoretical Conjectures

In light of the COVID-19 pandemic, we scrutinize what has been established in the literature on whether entrepreneurship can cause and resolve extreme events, the immediate and long-run impacts of extreme events on entrepreneurship, and whether extreme events can positively impact (some) entrepreneurship and innovation. Based on this, we propose a partial equilibrium model to provide several conjectures on the impact of COVID-19 on entrepreneurship and derive policy recommendations for recovery. Our model's comparative statics shows that entrepreneurship recovery will benefit from aggregate demand-side support measures, combined with direct subsidies for start-ups, firms' revenue losses, and loan liabilities, as well as from actions that promote income redistribution.

Sprache
Englisch

Erschienen in
Series: IZA Discussion Papers ; No. 13835

Klassifikation
Wirtschaft
Health: Government Policy; Regulation; Public Health
Entrepreneurship
Enterprise Policy
New Firms; Startups
Thema
entrepreneurship
innovation
COVID-19
extreme events
development

Ereignis
Geistige Schöpfung
(wer)
Gries, Thomas
Naudé, Wim
Ereignis
Veröffentlichung
(wer)
Institute of Labor Economics (IZA)
(wo)
Bonn
(wann)
2020

Handle
Letzte Aktualisierung
10.03.2025, 11:45 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Gries, Thomas
  • Naudé, Wim
  • Institute of Labor Economics (IZA)

Entstanden

  • 2020

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