This study aims to contribute to the debate on the determinants of the informal firms’ outcomes by focusing on the potential influence that the family background can have on informal business outcomes in Cameroon. Using data from the Survey on Employment and the Informal Sector (SESI 2) in...

This paper analyzes gender differences in the investment activity of German small and medium sized enterprises (SMEs). The empirical analysis is carried out on a sample of firms drawn from the KfW Mittelstandspanel, a representative survey of German SMEs for the period from 2003 to 2009. We find...

This paper provides the first evidence on gender differences in investment financing, credit application and credit denial rates in Germany. The empirical analysis is carried out on a sample of firms drawn from the KfW Mittelstandspanel, a representative survey of German SMEs for the period from...

The paper presents the analysis of recent developments of Schumpeterian theory of entrepreneurship and innovation in light of evolutionary economics.

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...

A transition from the extensive type of economic development to sustainable should provide the minimization of the non-renewable natural resources use and effective use of renewable ones, improvement of environmental quality and increase of the state’s ecological security and lead to stable...

The characteristics of the potential of alternative energy sources in Ukraine are presented (in the article). The reasons of their slow implementation to the activity of enterprises are identified. The conditions of the application of controlling system during the transition to alternative...

We analyze longitudinal data on innovative start-up projects and apply Lazear’s jack-of-all-trades theory to investigate the effect of nascent entrepreneurs’ balanced skills on their progress in the venture creation process. Our results suggest that those nascent entrepreneurs who exhibit a...

While corporate income taxation is a major issue in the debate over international finance, economic theory has no clear stance on who bears its burden. On balance, economists seem still more prone to accept that taxing profits does not affect corporations’ outcomes. This paper makes three...

Using case study analysis based on in-depth interviews we aim to extend the entrepreneurship research in transition context in Poland. Entrepreneurship models build in America and Western Europe do not picture the specifics of entrepreneurship in transition economies. The author reviews concepts...