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High-growth firms (HGFs) are critical for net job creation and economic growth. We analyze HGFs using the theory of competence blocs, linking firm growth to property rights and the interaction of complementary expertise. Specifically, we discuss how the institutional framework affects the...
Persistent link: https://www.econbiz.de/10005642466
Public policy affects the prevalence and performance of both productive and high-impact entrepreneurship. High …-impact entrepreneurship prospers when knowledge is successfully generated and exploited in the economy. This process depends on complementary …-impact entrepreneurship. …
Persistent link: https://www.econbiz.de/10008565788
This essay argues that the economic contribution of certain firms – be they small, young or rapidly growing – has to be understood in a broader context of creative destruction. Growth of some firms requires contraction and exit of some other firms to free up resources that can be reallocated...
Persistent link: https://www.econbiz.de/10008565789
We use data from the Global Entrepreneurship Monitor (GEM) and the Global Leadership and Organizational Behavior … entrepreneurship. …
Persistent link: https://www.econbiz.de/10010704424
Although national culture is an important regulator of entrepreneurship, there is a dearth of studies that (i) explore …-entry growth aspirations. We combined Global Entrepreneurship Monitor (GEM) and Global Leadership and Organizational Behavior Effec …-level techniques in analyzing the effect of culture on entrepreneurship. …
Persistent link: https://www.econbiz.de/10011095570