This paper analyses a group of 278 "founders" of business active in the United Kingdom during the twentieth century, biographies of whom are included in the Dictionary of Business Biography and Dictionary of Scottish Business Biography. All of the businessmen in this group were highly successful...

In China, local governments have actively contributed to the growth of new firms. In Russia, local governments have typically stood in the way, be it through taxation, regulation, or corruption. There appears to be two main reasons behind the behavior of local governments in Russia. First,...