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http://dspace.mediu.edu.my:8181/xmlui/handle/10419/20158| Title: | Reducing Start-Up Costs for New Firms: The Double Dividend on the Labour Market |
| Keywords: | D73 J68 J24 ddc:330 matching education start-up costs venture capital bureaucratic hurdles Unternehmensgründung Folgekosten Risikokapital Bildungsinvestition Hochqualifizierte Arbeitskräfte Arbeitsnachfrage Theorie Welt |
| Issue Date: | 16-Oct-2013 |
| Publisher: | |
| Description: | Starting a firm with expansive potential is an option for educated and high-skilled workers. This option serves as an insurance against unemployment caused by labor market frictions and hence increases the incentives for education. We show within a matching model that reducing the start-up costs for new firms results in higher take-up rates of education. It also leads, through a thick-market externality, to higher rates of job creation for high-skilled labor as well as average match productivity. We provide empirical evidence to support our argument. |
| URI: | http://koha.mediu.edu.my:8181/xmlui/handle/10419/20158 |
| Other Identifiers: | http://hdl.handle.net/10419/20158 ppn:37360940X |
| Appears in Collections: | EconStor |
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