labor laws is to dampen economic growth, laws that govern dismissal of employees are an exception: dismissal laws promote … economic growth, consistent with the evidence that they encourage firm-level innovation. …

introduced a greater element of entrepreneurship have been rewarded with additional growth. … made a plea for guidance in the era of entrepreneurship, scholars have been slow to respond. The purpose of this paper is … been conducive to economic growth and job creation. Our empirical analysis links the stage of the transition towards an …

capital and have greater growth opportunities. Also, higher accountability and lower income inequality are associated with …

and dispersion of productivity growth. … business. As a result idiosyncratic risk discourages entrepreneurial activity and hinders growth, with the effects being … companies) perform relatively worse (in terms of productivity, investment, and business creation) in sectors characterized by …

of endogenous growth. Rather, a mechanism is required that serves as a conduit for the spillover and commercialization of … knowledge from the source creating it to the firm actually commercializing the new ideas. In this paper, entrepreneurship is … identified as one such mechanism facilitating the spillover of knowledge. Using a panel of entrepreneurship data for 18 countries …

likely to shut down, grow faster and contribute disproportionately to aggregate job creation and productivity growth compared …

implications for economic growth. We start with a Schumpeterian endogenous growth model where entrepreneurs earn monopoly profits … processes for screening entrepreneurs. Every existing screening process, however, becomes less effective as technology advances …. Consequently, technological innovation and, thus, economic growth stop unless financiers continually innovate. Historical …

where growth is driven by the innovative activity of entrepreneurs. Entrepreneurship is risky and requires investments that …We discuss the two-way link between culture and economic growth. We present a model of endogenous technical change … affect the steepness of the lifetime consumption profile. As a consequence, the occupational choice of entrepreneurship …

, measured in terms of foregone growth, of an impeded restructuring process. The cost is measured by linking growth rates of … the restructuring process pay a penalty in terms of foregone growth. …