Cressy (2000) argues that the positive correlation between assets and the rate of business startups is due to DARA preferences. We show however that the required property is prudence, and prudence is consistent with DARA, IARA or CARA. © 2013 Elsevier B.V. All rights reserved.

How is firm creation affected by imperfect information? Our model of rational inattention generates inefficient entry and labor misallocation, because startups make error-prone decisions. Learning decisions prospective entrepreneurs alter the effects lump-sum transfers to startups: total employment gain amplified due an unintended increase in entry, most entrants hire fewer workers, misallocati...

In recent years, there has been a sharp increase in startups. This enables the rapid development of technology and technological innovation. Many inventors innovators create intellectual property that is not always adequately protected. When observing life cycles startups, it can be noticed large number these startups become inactive within first three years operation. The aim this article to a...

This research aims to understand the contribution of transformational leadership employee Portuguese startups’ creativity. An empirical study was conducted using a quantitative methodological approach, with application an online questionnaire sent startups. 102 responses were validated. The results obtained showed existence positive and significant relationship between creativity in Therefore, ...