Productivity and Entrepreneurial Chraracteristics in New Japanese Firms View Full Text


Ontology type: schema:ScholarlyArticle     


Article Info

DATE

2004-11

AUTHORS

Nobuyuki Harada

ABSTRACT

In this paper, we estimate the production function of new Japanese firms and examine whether the total factor productivity is affected by the human capital and gender of entrepreneurs. Empirical results show decreasing returns to scale of production, which verifies the assumption of production functions in many previous studies on entrepreneurship. Further, it is shown that the entrepreneur's age has a significantly negative effect on productivity, and the negative effect increases after 60 years of age. Although related business experience before startup has a significantly positive effect, the magnitude is limited and cannot overcome the negative effect of age. The results indicate the importance of starting up while young, at the latest, before 60 years of age. More... »

PAGES

299-310

References to SciGraph publications

  • 2002-02. Technological Progress by Small and Medium Enterprises in Japan in SMALL BUSINESS ECONOMICS
  • 1990. Some Empirical Aspects of Entrepreneurship in THE ECONOMICS OF SMALL FIRMS
  • Identifiers

    URI

    http://scigraph.springernature.com/pub.10.1023/b:sbej.0000032038.32318.62

    DOI

    http://dx.doi.org/10.1023/b:sbej.0000032038.32318.62

    DIMENSIONS

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