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a positive relationship between an individual’s potential payoffs in working and in entrepreneurship. If some firms … consequence, the entrepreneurship rate falls with income per capita, average firm size and firm size dispersion increase with … income per capita, and "entrepreneurship out of necessity" falls with income per capita. The paper also documents, for two of …
Persistent link: https://www.econbiz.de/10009011635
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
Entrepreneurship, as reflected in the start-up of new firms, the growth and market exit of existing firms, and the ow … that there is a strong possibility that the unintended damage to entrepreneurship, innovation and growth could be …
Persistent link: https://www.econbiz.de/10012243470
Technological innovation has historically contributed to inclusive economic growth in Germany. In more recent decades, however, this contribution has weakened due to the declining impact of technological innovation on labor productivity growth. Fearing that this declining impact would undermine...
Persistent link: https://www.econbiz.de/10011772201
Greece's currently planned institutional reforms will help to get the country going with limited economic growth. With an economy based primarily on tourism, trade, and agriculture, Greece lacks an established competitive industry and an innovation-friendly environment, resulting in a low export...
Persistent link: https://www.econbiz.de/10010128350
efficiency of investment in EHC rather than exclusively by themselves. We test these implications using data from Global … Entrepreneurship Monitor's Adult Population Survey of 63 countries over 2002-2010 and find robust support for these hypotheses. …
Persistent link: https://www.econbiz.de/10011734505
that entrepreneurship has important economic value. Hence, a systematic review is provided that answers the question: What … group'? A fourth type of contribution studied is the role of entrepreneurship in increasing individuals' utility levels … have a more active role in the adoption of innovations. -- Entrepreneur ; entrepreneurship ; self-employment ; productivity …
Persistent link: https://www.econbiz.de/10003539333
The relationship between venture capital and growth is examined using an endogenous growth model incorporating dynamic contracts between entrepreneurs and venture capitalists. At each stage of financing, venture capitalists evaluate the viability of startups. If viable, venture capitalists...
Persistent link: https://www.econbiz.de/10011782639
The purpose of this paper is to provide a contribution to the identification of the role of entrepreneurship in … economic growth by mapping out: 1) alternative ways of looking at entrepreneurship, distinguishing 'creative destruction' from … firm); and 4) the possible scope for an economic policy aimed at maximizing the impact of entrepreneurship on economic …
Persistent link: https://www.econbiz.de/10009536406
Persistent link: https://www.econbiz.de/10011760031