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Differences in wages, employment, and capital between worker-owned and capitalist enterprises are computed from a matched employer-worker panel data set from Italy, the market economy with the greatest incidence of worker-owned and worker-managed firms. These differences are related to orthodox...
Persistent link: https://www.econbiz.de/10010276248
Differences in wages, employment, and capital between worker-owned and capitalist enterprises are computed from a matched employer-worker panel data set from Italy, the market economy with the greatest incidence of worker-owned and worker-managed firms. These differences are related to orthodox...
Persistent link: https://www.econbiz.de/10005233888
In this paper we explore the relationship between the individual decision to become an entrepreneur and the institutional context. We pinpoint the critical roles of property rights and the size of the state sector for entrepreneurial activity and test the relationships empirically by combining...
Persistent link: https://www.econbiz.de/10010269212
-level institutional indicators for 47 countries with working age population survey data taken from the Global Entrepreneurship Monitor …
Persistent link: https://www.econbiz.de/10010272659
In this paper we explore the relationship between the individual decision to become an entrepreneur and the institutional context. We pinpoint the critical roles of property rights and the size of the state sector for entrepreneurial activity and test the relationships empirically by combining...
Persistent link: https://www.econbiz.de/10005822242
-level institutional indicators for 47 countries with working age population survey data taken from the Global Entrepreneurship Monitor …
Persistent link: https://www.econbiz.de/10008466014
The majority of firms in most developing countries are informal. We conducted a field experiment in Sri Lanka which provided incentives for informal firms to formalize. Offering only information about the registration process and reimbursement for direct registration costs had no impact on...
Persistent link: https://www.econbiz.de/10010282470
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/10014377311
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/10015061947
Advanced market economies are characterized by a continuous process of creative destruction. Market forces and technological developments play a major role in shaping this process, but institutional and policy settings also influence firms' decision to enter, to expand if successful and to exit...
Persistent link: https://www.econbiz.de/10010268719