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 tested in the article. On the basis of responses...

The rise and decline of nations throughout history continuously puzzles economists. Experience shows that successful economic performance is a very complex process, the scope of which goes well beyond the simplified neoclassical approach to growth. Business environment is a key determinant of...