Séminaire Sumudu KANKANAMGE - Buying and selling entrepreneurial assets
Séminaire Sumudu KANKANAMGE![](/fr/actualites/agenda-2023/novembre/seminaire-sumudu-kankanamge/_attachment/image-header.jpg)
Prochain séminaire du GAINS
Le 21 novembre 2023
![ombre public de dos conférencier en fond flouté](/_object/ametys-internal%253Asites/gains/ametys-internal%253Acontents/seminaire-sumudu-kankanamge-actualite/_attribute/illustration/image/visuel-conf_max150x150.png?objectId=defaultWebContent://44c8dc93-49f6-4581-8b98-68d3ff5cc8c4)
Le prochain séminaire du GAINS a lieu 21 novembre 2023 de 10h45 à 12h15 dans la salle T204.
Sumudu KANKANAMGE (Le Mans Université) présentera un papier intitulé "Buying and selling entrepreneurial assets".
Abstract :
How are the options to buy and sell a business relevant for entrepreneurs? Prospective entrepreneurs value the purchase of mature firms while incumbents want to recover both the tangible and intangible value of their businesses upon exit. We introduce a theory of entrepreneurial assets transfer consistent with empirical evidence and centered around a businesses for sale market that lets entrepreneurs trade the maturity components of their firms. We find that shutting that market down leads to a substantial drop in aggregate output and alters the pool of firms, incentives to enter and exit, and the wealth distribution.