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Why don't we see more Small- and Medium-sized Enterprises (SMEs) in Lithuania?

Aidis, Ruta - Tinbergen Institute - 2002

This paper identifies the specific external barriers to SME development in Lithuania. An analysis of 332 SME owners … purchasing power, lack of funds for business investment) form the most significant barriers for SME businesses. Informal barriers … (late payment to clients, corruption, government interference) were secondary in significance. By grouping together …

Persistent link: https://www.econbiz.de/10005450763

Why less? The Gendered Aspects of Small- and Medium-sized Enterprise (SME) Ownership under Economic Transition

Aidis, Ruta - Tinbergen Institute - 2002

This paper explores the gendered influence on SME development under economic transition in Lithuania. Previous studies … characteristics (Brush 1992). An analysis of 332 SME owners in Lithuania using descriptive statistics and regression analysis …

Persistent link: https://www.econbiz.de/10005281896

Business Ownership and Economic Growth in 23 OECD Countries

Carree, Martin; Stel, André van; Thurik, Roy; … - Tinbergen Institute - 2000

In the present paper we address the relationship between the extent of business ownership (self-employment) and economic development. We will focus upon three issues. First, how is the equilibrium rate of business ownership related to the stage of economic development? Second, what is the speed...

Persistent link: https://www.econbiz.de/10005144445

The Relation between Economic Development and Business Ownership revisited

Carree, Martin; Stel, André van; Thurik, Roy; … - Tinbergen Institute - 2007

This paper revisits the two-equation model of Carree, van Stel, Thurik and Wennekers (2002) where deviations from the ‘equilibrium’ rate of business ownership play a central role determining both the growth of business ownership and that of economic development. Two extensions of the...

Persistent link: https://www.econbiz.de/10005136892

Impeded Industrial Restructuring: The Growth Penalty

Audretsch, D.B.; Carree, M.A.; Stel, A.J. van; Thurik, A.R. - Tinbergen Institute - 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/10005137079

Entrepreneurship and Economic Transition

Aidis, Ruta - Tinbergen Institute - 2003

address the issue of entrepreneurship in two distinct ways: a) as it has historically developed within the field of economics … and b) as it develops in the transitional context. In contrast to advanced western economies, productive entrepreneurship … entrepreneurship for transition countries. By means of a literature survey, we further present the main characteristics of …

Persistent link: https://www.econbiz.de/10005209447

The Entrepreneur's Mode of Entry: Business Takeover or New Venture Start?

Parker, Simon C.; Praag, C. Mirjam van - Tinbergen Institute - 2006

We analyse the decision to become an entrepreneur by either taking over an established business or starting a new venture from scratch. A model is developed which predicts how several individual- and firm-specific characteristics influence entrepreneurs' entry mode. The new venture creation mode...

Persistent link: https://www.econbiz.de/10005209489

Initial Capital Constraints hinder Entrepreneurial Venture Performance

Praag, Mirjam van; Wit, Gerrit de; Bosma, Niels - Tinbergen Institute - 2003

This article investigates empirically whether and to what extent initial capital constraints hinder entrepreneurial performance once the venture has been started. Prior empirical research in this area could investigate this issue only indirectly by lack of data. The key contribution of this...

Persistent link: https://www.econbiz.de/10005209500

Total Factor Productivity and the Role of Entrepreneurship

Erken, Hugo; Donselaar, Piet; Thurik, Roy - Tinbergen Institute

models based on the established literature. Traditionally, entrepreneurship is not dealt with in these models. In the present … paper it is shown that – when this variable is added - in all models there is a significant influence of entrepreneurship … while the remaining effects mainly stay the same. Entrepreneurship is measured as the business ownership rate (number of …

Persistent link: https://www.econbiz.de/10005016255

Firm Formation with Complementarities: The Role of the Entrepreneur

Roessler, Christian; Koellinger, Philipp - Tinbergen Institute - 2009

We model the emergence of organization forms in a game between prospective entrepreneurs. Complementary roles arise endogenously in a way that admits a stable assignment of workers to firms. This contrasts with existing work on job matching, where stability typically requires workers to be...

Persistent link: https://www.econbiz.de/10005016278