The article deals with employee compensation, corporate entrepreneurship and growth of companies in service industries …. Hypotheses about relationships between compensation, corporate entrepreneurship and company growth are stated and empirically … corporate entrepreneurship and company growth. Recommendations for companies in the service industries are also given. …

evolutionary model. The idea is that growth models that incorporate a richer representation of the properties and effects of … countries worldwide. In the proposed multi-country model, growth is endogenously generated by the R&D activities performed by … change. The model generates persistent differentiation of levels of per capita income and growth rates across countries. …