Showing 1 - 10 of 410
Entrepreneurship, as reflected in the start-up of new firms, the growth and market exit of existing firms, and the ow … around the world in the fight against COVID-19. This paper, after documenting preliminary evidence on these declines, argues … that there is a strong possibility that the unintended damage to entrepreneurship, innovation and growth could be …
Persistent link: https://www.econbiz.de/10012243470
We review Baumol's typology of productive, unproductive and destructive entrepreneurship. We argue that the typology is … the thesis that entrepreneurship has become less productive, due to the unintended effects of entrepreneurship policies … adopted widely in Western economies. These have straight-jacketed, distracted and zombified entrepreneurship. Removing these …
Persistent link: https://www.econbiz.de/10014335837
Using newly collected national and sub-national data and historical case studies, this paper argues that differences in innovative capacity, captured by the density of engineers at the dawn of the Second Industrial Revolution, are important to explaining present income differences, and, in...
Persistent link: https://www.econbiz.de/10010370094
-periods, and over the longer term with respect to the growth in the size of their economies. Most important, the comparison of an …
Persistent link: https://www.econbiz.de/10013222238
the United Kingdom and become the leading world economy. During the past 25 years, the four countries have also … extent also to France and Japan, a relative decline that was interrupted by the second world war (WW2); (iii) the remarkable … and knowledge spillovers. Most recently (in 2006), before the current financial world crisis, hourly labor productivity …
Persistent link: https://www.econbiz.de/10013149831
firms (entrepreneurship) and the average quality of management (meritocracy). Legal reform also reduces financial … improve meritocracy at the expense of entrepreneurship. As a result, legal reform encounters less political opposition than …
Persistent link: https://www.econbiz.de/10012760453
Based on a review of 700+ peer-reviewed articles since 1990, identified using text mining methodology and supervised machine learning, we analyze how neo-Schumpeterian growth theorists relate to the entrepreneur-centered view of Schumpeter (1934) and the entrepreneurless framework of Schumpeter...
Persistent link: https://www.econbiz.de/10013412825
Entrepreneurship scholarship and policy are based on the myth of firm growth as imperative and the related myth of …. Green growth and sustainable entrepreneurship are exposed as oxymorons. Given the dangers and the impossibility of perpetual … growth, the paper then tries to answer the question of what role entrepreneurship could play in a post-growth society or in …
Persistent link: https://www.econbiz.de/10014584338
most countries around the world. Turning to the relationship between countries, we show that average life satisfaction is …
Persistent link: https://www.econbiz.de/10009152425
We propose a unified growth theory to investigate the mechanics generating the economic and demographic transition, and the role of mortality differences for comparative development. The framework can replicate the quantitative patterns in historical time series data and in contemporaneous...
Persistent link: https://www.econbiz.de/10009708703