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Economic growth requires factor reallocation across firms and continuous replacement of technologies. Labor market institutions influence economic dynamism by their impact on the supply of a key factor, skilled workers to new and expanding firms, and the shedding of workers from declining and...
Persistent link: https://www.econbiz.de/10012844548
Economic growth necessitates extensive churning and restructuring, the bulk of which is about shifts from less to more successful firms within the same industry. Labor market institutions favoring reallocation and dynamism include portability of tenure rights, fully actuarial and portable...
Persistent link: https://www.econbiz.de/10014105464
Economic growth requires factor reallocation across firms and continuous replacement of technologies. Labor market institutions influence economic dynamism by their impact on the supply of a key factor, skilled workers to new and expanding firms, and the shedding of workers from declining and...
Persistent link: https://www.econbiz.de/10011404856
, especially in terms of employment. …
Persistent link: https://www.econbiz.de/10011917086
computing firm to reach customers globally via digital platforms and its long-run employment growth relative to domestically …
Persistent link: https://www.econbiz.de/10011917100
Economic growth requires factor reallocation across firms and continuous replacement of technologies. Labor market institutions influence economic dynamism by their impact on the supply of a key factor, skilled workers to new and expanding firms, and the shedding of workers from declining and...
Persistent link: https://www.econbiz.de/10012269596
We outline a politico-economic growth system centered around the entrepreneur. By defining entrepreneurs in relation to economic rents we are able to develop a more general theory comprising central aspects of research within the fields of entrepreneurship/small business, public choice and new...
Persistent link: https://www.econbiz.de/10010320051
paper also demonstrates that it is problematic to use self-employment as an empirical proxy for productive entrepreneurship. …
Persistent link: https://www.econbiz.de/10010320095
In this introductory chapter to a collective volume dealing with the political economy of entrepreneurship,* we argue, based on a suggested unifying framework, that political economy is a fruitful approach to entrepreneurship. The importance of institutions in structuring such an analysis is...
Persistent link: https://www.econbiz.de/10010320110
It is often claimed that small and young firms account for a disproportionately large share of net employment growth …. We conduct a meta analysis of the empirical evidence regarding whether net employment growth rather is generated by a few …
Persistent link: https://www.econbiz.de/10010320167