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We study the effects of differences in local financial development within an integrated financial market. To do so, we construct a new indicator of financial development by estimating a regional effect on the probability that, ceteris paribus, a household is shut off from the credit market. By...
Persistent link: https://www.econbiz.de/10005667081
This paper discusses the difficulties associated with measuring entrepreneurship in developing countries. Three … important dichotomies in the research on entrepreneurship are discussed: formal-informal, legal-illegal, and necessity …-opportunity. Several common measures of entrepreneurship are outlined along with their relevance to developing countries, including self …
Persistent link: https://www.econbiz.de/10004973350
Entrepreneurship has emerged as an important element in the organization of economies. This emergence did not occur … countries embrace entrepreneurial energy. This led to the political mandate to promote entrepreneurship. Hence, a clear and … organized view is needed of what the determinants and consequences of entrepreneurship are. The present contribution tries to …
Persistent link: https://www.econbiz.de/10004973356
-driven entrepreneurship in the modern sector. The model shows how opportunity-driven entrepreneurship can drive structural transformation …
Persistent link: https://www.econbiz.de/10005001320
What is the role of entrepreneurship in economic development? At a minimum the answer should be able to explain the … economic development lacks a ?general theory? of entrepreneurship, which could encompass a variety of development experiences …, much progress has been made in extending the understanding of entrepreneurship in the process of development. This paper …
Persistent link: https://www.econbiz.de/10005033088
entrepreneurship into state economic development and incubate entrepreneurial companies. Regional entrepreneurship policy is a new … with the needs and expertise of private industry to accelerate entrepreneurship and economic growth. …
Persistent link: https://www.econbiz.de/10005114145