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answer the question: What is the contribution of entrepreneurs to (i) employment generation and dynamics, (ii) innovation …, and (iii) productivity and growth, relative to the contributions of the entrepreneurs’ counterparts, i.e., the ‘control … very important—but specific—function in the economy. They engender relatively much employment creation, productivity growth …
Persistent link: https://www.econbiz.de/10005137206
use and ecosystem management; growth and environmental resources; economic and evolutionary progress; and individual …
Persistent link: https://www.econbiz.de/10005144510
creation of new ideas, knowledge spillovers, entrepreneurship, and economic growth. In this paper we measure the impact of the … data on 170 regions in Europe (NUTS 2 level) for the periods 1991-1995 and 2001-2005. Innovation outcomes are measured by … diffusion of innovation activity, and the spatial selectivity of immigrants' location choices, we take account of spatial …
Persistent link: https://www.econbiz.de/10009201123
The importance of knowledge spillovers for achieving innovation and economic growth is widely recognized. It is not … this controversy using a model of regional growth. The model also deals with the impact of local competition on innovation … and growth. The model is estimated using sectoral data for 40 Dutch regions in the period 1987-1995. We find that local …
Persistent link: https://www.econbiz.de/10005137071
We allow the preference of a political majority to determine both the corporate governance structure and the division of profits between human and financial capital. In a democratic society where financial wealth is concentrated, a political majority may prefer to restrain governance by...
Persistent link: https://www.econbiz.de/10005137317
In recent years there has been a growing interest in the impact of inequality on economic growth. Both theoretical and … part of the literature that considers inequality detrimental to growth, more recent studies have challenged this result and … found a positive effect of inequality on growth. This paper contributes to the debate by using meta-analytical techniques to …
Persistent link: https://www.econbiz.de/10005209497
firm growth, survival, size and age. While these studies have resulted in findings that are sufficiently consistent as to … relationships between firm age and size on the one hand, and survival and growth on the other may, in fact, not be the same in … services. The results suggest that the most fundamental relationships between firm size, age, survival and growth are …
Persistent link: https://www.econbiz.de/10005795570
This paper puts forward a method to estimate average economic growth, and its associated confidence bounds, which does …
Persistent link: https://www.econbiz.de/10005136924
Growth in the Millennium</I>, 2005, Resources for the Future, Washington DC, 177-97.<P> …
Persistent link: https://www.econbiz.de/10005137068
There has been a revival of interest in the effect of risk on economic growth. We quantify both ex ante and ex post … remarkable long-running panel data set for rural households in Zimbabwe. We find that risk substantially reduces growth: in the …, the first micro-based estimate of the effect of shocks on growth. About two-thirds of the impact of risk is due to the ex …
Persistent link: https://www.econbiz.de/10005137127