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My main purpose is to connect the issue of property rights to the set of questions concerning economic growth and the long-term determinants of the improvements in material well-being. To anticipate what will be my main conclusion, it is that property rights and economic growth are not...
Persistent link: https://www.econbiz.de/10005419171
entrepreneurship is fully taken into account, corporate taxation appears clearly as a direct tax on market adjustments and as an …
Persistent link: https://www.econbiz.de/10005786955
Start-ups and their respective market partners are faced with severe problems of asymmetric information due to their lack of prior production history and reputation. Given this situation, it is most likely that outside financiers will not be informed about the potential gains, losses, and risks...
Persistent link: https://www.econbiz.de/10005789869
The returns to entrepreneurship are monetary and non-monetary. We offer new evidence on these returns using a large …
Persistent link: https://www.econbiz.de/10008924822
Daniel Klein (Klein 1997, Klein and Orsborn 2009 and Klein and Briggeman forthcoming) and Israel Kirzner (forthcoming) have been engaged in a debate concerning how economists should understand and use the terms “coordination” and “economic goodness”. Klein and Briggeman (forthcoming)...
Persistent link: https://www.econbiz.de/10009322636
capital. Other strands of literature stress that the supply of entrepreneurship is a fundamental ingredient of economic growth … opportunity driven entrepreneurship. For what regards institutional variables, three interesting and somehow non conventional … results emerge from the analysis. First, low start-up cost are particular favorable for necessity driven entrepreneurship but …
Persistent link: https://www.econbiz.de/10011258267
. Moreover, to a certain degree virtues are learnt through the practice of <p> entrepreneurship. Due to their importance, though …
Persistent link: https://www.econbiz.de/10011262763
Economic growth and unemployment exhibit an ambiguous relationship – according to empirical studies. This ambiguity can be investigated by observing the role of the underground economy in shaping the productivity of firms. Indeed, unemployment may be absorbed by underground firms, which adopt...
Persistent link: https://www.econbiz.de/10011212957
This paper provides new evidence on the determinants of entrepreneurship across countries. The paper investigates the … relationship between the institutional setting, in terms of economic freedom, and entrepreneurship, as measured by self … to increase entrepreneurship. <p …
Persistent link: https://www.econbiz.de/10005771027