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It is often claimed that small and young firms account for a disproportionately large share of net employment growth. We conduct a meta analysis of the empirical evidence regarding whether net employment growth rather is generated by a few rapidly growing firms - so-called Gazelles - that are...
Persistent link: https://www.econbiz.de/10010320167
This essay argues that the economic contribution of certain firms - be they small, young or rapidly growing - has to be understood in a broader context of creative destruction. Growth of some firms requires contraction and exit of some other firms to free up resources that can be reallocated to...
Persistent link: https://www.econbiz.de/10010320338
the higher rates of entrepreneurship observed in common law countries …
Persistent link: https://www.econbiz.de/10013324246
into productive, unproductive or destructive activities. However, entrepreneurship is not only influenced by institutions … examined in this paper. Entrepreneurs affect institutions in at least three ways. Entrepreneurship abiding by existing … entrepreneurship. As business entrepreneurship, innovative political activity may be productive or unproductive, depending on the …
Persistent link: https://www.econbiz.de/10014196002
policies, taxation and the regulation of labor markets. Institutions have far-reaching effects on entrepreneurship, and they … entrepreneurship to the institutional setup it is maintained that in-depth analyses of specific institutions are required in order to … further our understanding of the determinants of entrepreneurial behavior and the economic effects of entrepreneurship. The …
Persistent link: https://www.econbiz.de/10014049341
While entrepreneurship researchers agree that institutions ‘matter’ for entrepreneurship, they also have a rather … encompassing understanding of institutions as almost any external factor that influences entrepreneurship. Ultimately, this …. But which institutions are most influential? How do these institutions relate to different types of entrepreneurship? And …
Persistent link: https://www.econbiz.de/10014115434