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development. Two extensions of the original setup are addressed: using longer time series of averaged data of 23 OECD countries … penalties for being above or under the ‘equilibrium’ rate. The additional data do not provide evidence of a superior statistical …
Persistent link: https://www.econbiz.de/10011372525
Entrepreneurship has emerged as an important element in the organization of economies. This emergence did not occur … countries embrace entrepreneurial energy. This led to the political mandate to promote entrepreneurship. Hence, a clear and … organized view is needed of what the determinants and consequences of entrepreneurship are. The present contribution tries to …
Persistent link: https://www.econbiz.de/10003845132
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Prior studies have defined high-growth firms (HGFs) in terms of growth in firm employment or firm sales, and primarily analyzed their contribution to overall employment growth. In this paper we define HGFs using the commonly applied growth indicators (employment and sales), but also add...
Persistent link: https://www.econbiz.de/10013232099
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This paper documents that a process of industrial restructuring has been transforming the developed economies, where large corporations are accounting for less economic activity and small firms are accounting for a greatershare of economic activity. Not all countries, however, are experiencing...
Persistent link: https://www.econbiz.de/10011304393
for the hypothesised effects using a data panel of 23 OECD countries. An important policy implication of our exercises is …
Persistent link: https://www.econbiz.de/10011302609
This note investigates the impact of changes in the number of business owners on three measures of economic performance, viz. employment growth, GDP growth and labor productivity growth. Particular attention is devoted to the lag structure. The analysis is performed at the country level for 21...
Persistent link: https://www.econbiz.de/10011280365
countries. First, the concepts of uncertainty and risk are elaborated, as well as theirrelevance for entrepreneurship. Second …, cross-sectional regression analysis using data for three separateyears in twenty Western countries and Japan and controlling … (uncertaintyavoidance) may have a diverging impact on entrepreneurship. Possibly, a climate of uncertainty avoidancein large organizations …
Persistent link: https://www.econbiz.de/10011334327
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