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What is the value of entrepreneurship? : a review of recent research

Praag, Mirjam van; Versloot, Peter H. - 2007

claim that entrepreneurship has important economic value. Hence, a systematic review is provided that answers the question … group’? A fourth type of contribution studied is the role of entrepreneurship in increasing individuals’ utility levels …

Persistent link: https://www.econbiz.de/10011372984

What is the value of entrepreneurship? : a review of recent research

Praag, Mirjam van; Versloot, Peter H. - 2007

Persistent link: https://www.econbiz.de/10003644041

Uncertain technological change under capital mobility

Hek, Paul A. de - 2005

The analysis in this paper shows that unpredictable variations in economic productivity may have a positive or negative effect on the average growth rate of output. This theoretical ambiguity result is not solely determined by the value of the elasticity of intertemporal substitution (of...

Persistent link: https://www.econbiz.de/10011343279

Small firms, entrepreneurship and economic growth

Thurik, Adriaan R. - 1995

Persistent link: https://www.econbiz.de/10000907064

Uncertain technological change under capital mobility

Hek, Paul A. de - 2005

Persistent link: https://www.econbiz.de/10002768341

The relation between economic development and business ownership revisited

Carree, Martin Anthony; Stel, Adriaan J. van; Thurik, … - 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/10011372525

Total factor productivity and the role of entrepreneurship

Erken, Hugo; Donselaar, Piet; Thurik, Adriaan R. - 2009 - Current version: May 2009

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/10011378136

Business ownership and economic growth in 23 OECD countries

Carree, Martin Anthony; Stel, Adriaan J. van; Thurik, … - 2000

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

Persistent link: https://www.econbiz.de/10011302609

Uncertainty avoidance and the rate of business ownership across 22 OECD countries, 1976 - 2000

Wennekers, A. R.; Thurik, Adriaan R.; Stel, Adriaan J. van - 2004

countries. First, the concepts of uncertainty and risk are elaborated, as well as theirrelevance for entrepreneurship. Second … (uncertaintyavoidance) may have a diverging impact on entrepreneurship. Possibly, a climate of uncertainty avoidancein large organizations …, suggesting that risingopportunity costs of entrepreneurship are the dominant perception in this cultural environment. In a …

Persistent link: https://www.econbiz.de/10011334327

Lobbying on entry

Perotti, Enrico C.; Volpin, Paolo - 2004

We develop a model of endogenous lobby formation in which wealth inequalityand political accountability undermine entry and financial development. In-cumbents seek a low level of effective investor protection to prevent potentialentrants from raising capital. They succeed because they can...

Persistent link: https://www.econbiz.de/10011338011