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Monitoring costs, credit constraints and entrepreneurship
Banerji, Sanjay; Raj, Rajesh S. N.; Sen, Kunal - 2012
The vast majority of firms in developing economies are micro and small enterprises owned by families whose members also provide the labour to the units. Often, they fail to grow in size even with the relaxation of credit constraints. In this paper, we show that frictions in the labour market...
Persistent link: https://www.econbiz.de/10009548201
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Endogenous monopsony and the perverse effect of the minimum wage in small firms
Danziger, Leif - 2009
The minimum wage rate has been introduced in many countries as a means of alleviating the poverty of the working poor. This paper shows, however, that an imperfectly enforced minimum wage rate causes small firms to face an upward-sloping labor supply schedule. Since this turns these firms into...
Persistent link: https://www.econbiz.de/10003879354
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An explanation of international differences in education and workplace training
Brunello, Giorgio; Medio, Alfredo - 2000
We develop a simple search equilibrium model of workplace training and education based on two features. First, investment in education improves job-related learning skills and reduces training costs burdened by firms. Second, firms with vacant skilled job slots can choose between recruitment...
Persistent link: https://www.econbiz.de/10011325670
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Job growth in early transition : comparing two paths
Jurajda, Štěpán; Terrell, Katherine D. - 2002
Small start-up firms are the engine of job creation in early transition and yet little is known about the characteristics of this new sector. We seek to identify patterns of job growth in this sector in terms of niches left from central planning and ask about differences in job creation across...
Persistent link: https://www.econbiz.de/10011413646
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What role did management practices play in SME growth post-recession?
Bryson, Alex; Forth, John - 2016
, little is known about the role played by management practices in SME growth since recession. We contribute to the literature … on SME growth by analysing longitudinal administrative data on firms' employment and turnover, taken from the UK … turnover, and a decline in closure probabilities, over the period 2011-2014. The findings suggest SME investment in off …
Persistent link: https://www.econbiz.de/10011502558
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When does HRM 'work' in small British enterprises?
White, Michael; Bryson, Alex - 2016
Using nationally representative workplace data we find substantial use of high-performance work systems (HPWS) in Britain's small enterprises. We find empirical support for the proposition that HPWS have a non-linear association with employees' overall job attitude, with a positive association...
Persistent link: https://www.econbiz.de/10011450735
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The link between R&D, innovation and productivity : are micro firms different?
Baumann, Julian; Kritikos, Alexander - 2016
than 10 employees; usually constituting the majority of firms in industrialized economies. Using the German KfW SME panel …
Persistent link: https://www.econbiz.de/10011452418
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Taking the leap : the determinants of entrepreneurs hiring their first employee
Fairlie, Robert W.; Miranda, Javier - 2016
Job creation is one of the most important aspects of entrepreneurship, but we know relatively little about the hiring patterns and decisions of startups. Longitudinal data from the Integrated Longitudinal Business Database (iLBD), Kauffman Firm Survey (KFS), and the Growing America through...
Persistent link: https://www.econbiz.de/10011455787
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Direct and indirect effects of subsidized dual apprenticeships
Crépon, Bruno; Premand, Patrick - 2019
Traditional apprenticeships based on private arrangements are widespread in developing countries. Public interventions have attempted to address failures in the apprenticeship markets to expand access or improve training quality. Subsidized dual apprenticeships have the potential to address...
Persistent link: https://www.econbiz.de/10012138826
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Transitioning from solo self-employed to microbusiness employer : local economic environment or owner characteristics?
Henley, Andrew - 2019
Only a minority of micro-businesses create jobs for others. This paper addresses whether personal characteristics and resources of the microbusiness owner or the local external economic environment are drivers of job creation. In the UK context of significant growth in self-employment but a...
Persistent link: https://www.econbiz.de/10011986025