메뉴 건너뛰기




Volumn 106, Issue 2, 2012, Pages 287-307

Entrepreneurial risk, investment, and innovation

Author keywords

Entrepreneurial risk; Innovation; Precautionary saving; Uncertainty

Indexed keywords


EID: 84865547495     PISSN: 0304405X     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.jfineco.2012.05.009     Document Type: Article
Times cited : (76)

References (31)
  • 1
    • 84865534519 scopus 로고    scopus 로고
    • Investment, valuation, and growth options. Unpublished Working Paper, The Wharton School of the University of Pennsylvania, Philadelphia, PA.
    • Abel, A., Eberly, J., 2005. Investment, valuation, and growth options. Unpublished Working Paper, The Wharton School of the University of Pennsylvania, Philadelphia, PA.
    • (2005)
    • Abel, A.1    Eberly, J.2
  • 2
    • 33747774838 scopus 로고    scopus 로고
    • Idiosyncratic production risk, growth and the business cycle
    • Angeletos G., Calvet L. Idiosyncratic production risk, growth and the business cycle. Journal of Monetary Economics 2006, 53:1095-1115.
    • (2006) Journal of Monetary Economics , vol.53 , pp. 1095-1115
    • Angeletos, G.1    Calvet, L.2
  • 3
    • 33846179005 scopus 로고    scopus 로고
    • Uninsured idiosyncratic investment risk and aggregate saving
    • Angeletos G. Uninsured idiosyncratic investment risk and aggregate saving. Review of Economic Dynamics 2007, 10:1-30.
    • (2007) Review of Economic Dynamics , vol.10 , pp. 1-30
    • Angeletos, G.1
  • 7
    • 54049105720 scopus 로고    scopus 로고
    • Financing constraints and fixed-term employment contracts
    • Caggese A., Cuñat V. Financing constraints and fixed-term employment contracts. Economic Journal 2008, 118:2013-2046.
    • (2008) Economic Journal , vol.118 , pp. 2013-2046
    • Caggese, A.1    Cuñat, V.2
  • 9
    • 64149130540 scopus 로고    scopus 로고
    • Legal institutions, sectorial heterogeneity, and economic development
    • Castro R., Clementi G.L., MacDonald G. Legal institutions, sectorial heterogeneity, and economic development. Review of Economic Studies 2009, 76:529-561.
    • (2009) Review of Economic Studies , vol.76 , pp. 529-561
    • Castro, R.1    Clementi, G.L.2    MacDonald, G.3
  • 10
    • 78649476517 scopus 로고    scopus 로고
    • Entrepreneurial finance and nondiversifiable risk
    • Chen H., Miao J., Wang N. Entrepreneurial finance and nondiversifiable risk. Review of Financial Studies 2010, 23:4348-4388.
    • (2010) Review of Financial Studies , vol.23 , pp. 4348-4388
    • Chen, H.1    Miao, J.2    Wang, N.3
  • 11
    • 33748563620 scopus 로고    scopus 로고
    • Uninsured idiosyncratic production risk with borrowing constraints
    • Covas F. Uninsured idiosyncratic production risk with borrowing constraints. Journal of Economic Dynamics and Control 2006, 30:2167-2190.
    • (2006) Journal of Economic Dynamics and Control , vol.30 , pp. 2167-2190
    • Covas, F.1
  • 13
    • 0038831326 scopus 로고    scopus 로고
    • Multiple versus single banking relationships: theory and evidence
    • Detragiache E., Garella P., Guiso L. Multiple versus single banking relationships: theory and evidence. Journal of Finance 2000, 55:1133-1161.
    • (2000) Journal of Finance , vol.55 , pp. 1133-1161
    • Detragiache, E.1    Garella, P.2    Guiso, L.3
  • 14
    • 84934562671 scopus 로고
    • An estimated model of entrepreneurial choice under liquidity constraints
    • Evans D.S., Jovanovic B. An estimated model of entrepreneurial choice under liquidity constraints. Journal of Political Economy 1989, 97:808-827.
    • (1989) Journal of Political Economy , vol.97 , pp. 808-827
    • Evans, D.S.1    Jovanovic, B.2
  • 16
    • 0012875458 scopus 로고    scopus 로고
    • Financing investment
    • Gomes J. Financing investment. American Economic Review 2001, 91:1263-1285.
    • (2001) American Economic Review , vol.91 , pp. 1263-1285
    • Gomes, J.1
  • 17
    • 49149109195 scopus 로고    scopus 로고
    • Employment, innovation, and productivity: evidence from Italian microdata
    • Hall B.H., Lotti F., Mairesse J. Employment, innovation, and productivity: evidence from Italian microdata. Industrial and Corporate Change 2008, 17:813-839.
    • (2008) Industrial and Corporate Change , vol.17 , pp. 813-839
    • Hall, B.H.1    Lotti, F.2    Mairesse, J.3
  • 18
    • 0005495431 scopus 로고    scopus 로고
    • Portfolio choice and asset prices: the importance of entrepreneurial risk
    • Heaton J., Lucas D. Portfolio choice and asset prices: the importance of entrepreneurial risk. Journal of Finance 2000, 55:1163-1198.
    • (2000) Journal of Finance , vol.55 , pp. 1163-1198
    • Heaton, J.1    Lucas, D.2
  • 19
    • 33845329141 scopus 로고    scopus 로고
    • Informed finance and technological change: evidence from credit relationships
    • Herrera A.M., Minetti R. Informed finance and technological change: evidence from credit relationships. Journal of Financial Economics 2007, 83:223-269.
    • (2007) Journal of Financial Economics , vol.83 , pp. 223-269
    • Herrera, A.M.1    Minetti, R.2
  • 21
    • 84993740374 scopus 로고    scopus 로고
    • The myth of the risk-tolerant entrepreneur
    • Hongwei X., Ruef M. The myth of the risk-tolerant entrepreneur. Strategic Organization 2004, 2:331-355.
    • (2004) Strategic Organization , vol.2 , pp. 331-355
    • Hongwei, X.1    Ruef, M.2
  • 22
    • 2542442925 scopus 로고    scopus 로고
    • Liquidity constraints, household wealth, and entrepreneurship
    • Hurst E., Lusardi A. Liquidity constraints, household wealth, and entrepreneurship. Journal of Political Economy 2004, 112:319-347.
    • (2004) Journal of Political Economy , vol.112 , pp. 319-347
    • Hurst, E.1    Lusardi, A.2
  • 23
  • 24
    • 36248984309 scopus 로고    scopus 로고
    • Investment, consumption and hedging under incomplete markets
    • Miao J., Wang N. Investment, consumption and hedging under incomplete markets. Journal of Financial Economics 2007, 86:608-642.
    • (2007) Journal of Financial Economics , vol.86 , pp. 608-642
    • Miao, J.1    Wang, N.2
  • 26
    • 1142289908 scopus 로고    scopus 로고
    • Risk propensity differences between managers and entrepreneurs and between low- and high-growth entrepreneurs: a reply in a more conservative vein
    • Miner J.B., Raju N.S. Risk propensity differences between managers and entrepreneurs and between low- and high-growth entrepreneurs: a reply in a more conservative vein. Journal of Applied Psychology 2004, 89:3-13.
    • (2004) Journal of Applied Psychology , vol.89 , pp. 3-13
    • Miner, J.B.1    Raju, N.S.2
  • 27
    • 0040080308 scopus 로고    scopus 로고
    • The returns to entrepreneurial investment: a private equity premium puzzle?
    • Moskowitz T., Vissing-Jørgensen A. The returns to entrepreneurial investment: a private equity premium puzzle?. American Economic Review 2002, 92:745-778.
    • (2002) American Economic Review , vol.92 , pp. 745-778
    • Moskowitz, T.1    Vissing-Jørgensen, A.2
  • 28
    • 45949115029 scopus 로고
    • Efficient estimation of limited dependent variable models with endogenous explanatory variables
    • Newey W.K. Efficient estimation of limited dependent variable models with endogenous explanatory variables. Journal of Econometrics 1987, 36:231-250.
    • (1987) Journal of Econometrics , vol.36 , pp. 231-250
    • Newey, W.K.1
  • 29
    • 33749608489 scopus 로고    scopus 로고
    • Productivity, innovation creation and absorption, and R&D: micro evidence for Italy
    • Parisi M.L., Schiantarelli F., Sembenelli A. Productivity, innovation creation and absorption, and R&D: micro evidence for Italy. European Economic Review 2006, 50:2037-2061.
    • (2006) European Economic Review , vol.50 , pp. 2037-2061
    • Parisi, M.L.1    Schiantarelli, F.2    Sembenelli, A.3
  • 30
    • 1642419195 scopus 로고    scopus 로고
    • Entrepreneurial activity, risk, and the business cycle
    • Rampini A. Entrepreneurial activity, risk, and the business cycle. Journal of Monetary Economics 2004, 51:555-573.
    • (2004) Journal of Monetary Economics , vol.51 , pp. 555-573
    • Rampini, A.1
  • 31
    • 0031628052 scopus 로고    scopus 로고
    • Perceiving and managing business risks: differences between entrepreneurs and bankers
    • Sarasvathy D., Simon H., Lave L. Perceiving and managing business risks: differences between entrepreneurs and bankers. Journal of Economic Behavior and Organization 1998, 33:207-225.
    • (1998) Journal of Economic Behavior and Organization , vol.33 , pp. 207-225
    • Sarasvathy, D.1    Simon, H.2    Lave, L.3


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.