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-- entrepreneurship ; property rights ; access to finance …
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This paper introduces a new concept in addition to the traditional measures of stocks of capital, labor, human capital and knowledge, to understand the Solow Residual: National Entrepreneurial Ecosystem (NEE). The NEE construct is based on a methodology that combines institutions and human...
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We investigate the determinants of start-up financing in 41 countries, using theGlobal Entrepreneurship Monitor surveys … for 1998-20032. High quality of property rightsincreases both the total volume of finance and the use of external finance … for theindividual start-up. The size of the formal financial sector affects the start-up finance viaenhancing the volume …
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