Following a centuries-long decline in the rate of self-employment, a remarkable discontinuity in this downward trend since the 1970s and 1980s for many advanced economies seems beyond doubt. In some of these countries we even see a downright and ongoing revival of selfemployment. At the same...

In the present paper we address the relationship between the extent of business ownership, or as we use interchangeably self-employent, and economic growth.

Conditional logit analysis of the locational choice by Japanese electronics firms in China''s regions and provinces during 1990-1995 confirms a major impact of general industry, Japanese, and keiretsu-specific agglomeration benefits. Further analysis reveals a substantial aggregation bias due to...