We examine how institutional and policy reforms affect the relationship between entrepreneurship and growth. We perform … effect of trade reform and entrepreneurship on growth is negative, suggesting that trade reform diminishes the positive … effects of entrepreneurial ability on growth, while the joint effect of financial sector reform and entrepreneurship has a non …

Entrepreneurship has emerged as an important element in the organization of economies. This emergence did not occur … simultaneously in all developed countries. Differences in growth rates are often attributed to differences in the speed with which … countries embrace entrepreneurial energy. This led to the political mandate to promote entrepreneurship. Hence, a clear and …

Start-ups of new firms are important for economic growth. However, start-up rates differ significantly between … introducing a general theoretical model of the entrepreneurial start-up process. The model links start-ups to economic growth and … can be applied to understand growth in a regional context. We derive five propositions that fit the stylized facts from …

they have played significant roles in the region’s slow and episodic economic growth. Results from cross …-country regressions covering 31 Sub-Saharan African countries suggest that growth in Africa is not simply a question of capital … African countries to assimilate and effectively use knowledge and technology. Contrary to the views held by many analysts, the …

transmission mechanisms, such as greater openness to trade and foreign investment, economic growth, effects on income distribution …, technology transfer and labour migration, through which the process of globalization affects different dimensions of poverty in …

productivity growth is accounted for by the deepening process of financial development. Towards this end, an appropriate … measurement of financial depth is constructed and then included as a determinant of productivity growth. It finds that a … significant and positive nexus exists between financial deepening and productivity growth. Given the divergent pattern of …

also the practical experience over the past 15 years demonstrates that faster economic growth, and hence also more broadly … growth. Another indispensable component is an appropriately designed and implemented economic policy which must not confuse …

equity and growth. We argue that Finland developed from a poor, vulnerable, and conflict-prone country to a modern economy in … part through policies geared at both growth and equity, such as land reform and compulsory schooling. The state … many means through which central government intervened in the economy. Both the long-run growth record and the equality of …