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Entrepreneurship, State Economic Development Policy, and the Entrepreneurial University
Audretsch, David B; Phillips, Ronnie - C.E.P.R. Discussion Papers - 2007
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
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Finance and Poverty: Evidence from India
Ayyagari, Meghana; Beck, Thorsten; Hoseini, Mohammad - C.E.P.R. Discussion Papers - 2013
. This suggests that financial deepening contributed to poverty alleviation in rural areas by fostering entrepreneurship and …
Persistent link: https://www.econbiz.de/10011083926
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Does Local Financial Development Matter?
Guiso, Luigi; Sapienza, Paola; Zingales, Luigi - C.E.P.R. Discussion Papers - 2002
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
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Financial Innovation and Endogenous Growth
Laeven, Luc; Levine, Ross; Michalopoulos, Stelios - C.E.P.R. Discussion Papers - 2009
We model technological and financial innovation as reflecting the decisions of profit maximizing agents and explore the implications for economic growth. We start with a Schumpeterian endogenous growth model where entrepreneurs earn monopoly profits by inventing better goods and financiers arise...
Persistent link: https://www.econbiz.de/10008528522
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Culture, Entrepreneurship, and Growth
Doepke, Matthias; Zilibotti, Fabrizio - C.E.P.R. Discussion Papers - 2013
where growth is driven by the innovative activity of entrepreneurs. Entrepreneurship is risky and requires investments that … affect the steepness of the lifetime consumption profile. As a consequence, the occupational choice of entrepreneurship …
Persistent link: https://www.econbiz.de/10011084260
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Impeded Industrial Restructuring: The Growth Penalty
Audretsch, David B; Thurik, A R Roy - C.E.P.R. Discussion Papers - 2000
This paper documents that a process of industrial restructuring has been transforming the developed economies, where large corporations are accounting for less economic activity and small firms are accounting for a greater share of economic activity. Not all countries, however, are experiencing...
Persistent link: https://www.econbiz.de/10005791840
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Telecommunications Infrastructure And Economic Development: A Simultaneous Approach
Röller, Lars-Hendrik; Waverman, Leonard - C.E.P.R. Discussion Papers - 2000
This paper investigates how telecommunications infrastructure affects economic growth. This issue is important and has received considerable attention in the popular press concerning the creation of the 'information superhighway' and its potential impacts on the economy. We use evidence from 21...
Persistent link: https://www.econbiz.de/10005123589
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The Agricultural Origins of Time Preference
Galor, Oded; Özak, Ömer - C.E.P.R. Discussion Papers - 2014
This research explores the origins of the distribution of time preference across regions. It advances the hypothesis, and establishes empirically, that geographical variations in natural land productivity and their impact on the return to agricultural investment have had a persistent effect on...
Persistent link: https://www.econbiz.de/10011083828
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Common Ground Between Free-traders and Environmentalists
Karp, Larry; Sacheti, Sandeep - C.E.P.R. Discussion Papers - 1997
We use a North-South model with property right differences and resource dynamics to study the effects of trade on resource use and welfare. Autarky is likely to Pareto-dominate free trade in the long run when the environment is quite fragile, and the result is reversed when the environment is...
Persistent link: https://www.econbiz.de/10005123684
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Entrepreneurship: Origins and Returns
Berglann, Helge; Moen, Espen R; Roed, Knut; Skogstrøm, … - C.E.P.R. Discussion Papers - 2009
We examine the origins and outcome of entrepreneurship on the basis of exceptionally comprehensive Norwegian matched … worker-firm-owner data. In contrast to most existing studies, our notion of entrepreneurship not only comprises self …-employment, but also employment in partly self-owned limited liability firms. Based on this extended entrepreneurship concept, we find …
Persistent link: https://www.econbiz.de/10005079007