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This paper conducts the first general equilibrium analysis of the role of entry, exit and profits in industry dynamics. The benefit of our model is twofold. First, to discriminate between entrants' role of performing the entrepreneurial function of creating disequilibrium and the conventional...
Persistent link: https://www.econbiz.de/10014198706
. The bivariate relationship between levelof entrepreneurship and a number of economic factors, cultural traits … thelevel of entrepreneurship at the aggregated societal level. Findings indicate that the factors determining level of … entrepreneurship arecomplex, but the basic finding is that dissatisfaction with society and life ingeneral determines level of …
Persistent link: https://www.econbiz.de/10014201892
contradicts existing theoretical hypotheses which predict that entrepreneurship is pro-cyclical or not cyclical. We discuss …
Persistent link: https://www.econbiz.de/10014207942
models based on the established literature. Traditionally, entrepreneurship is not dealt with in these models. In the present … paper it is shown that - when this variable is added - in all models there is a significant influence of entrepreneurship … while the remaining effects mainly stay the same. Entrepreneurship is measured as the business ownership rate (number of …
Persistent link: https://www.econbiz.de/10014208199
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/10012755051
The study of the determinants of entrepreneurship at the country levelhas been dominated by economic influences. The … relative stability of differences in levels of entrepreneurship across coun-tries suggeststhat other forces such as certain …
Persistent link: https://www.econbiz.de/10012755863
in the era of entrepreneurship, scholars have been slow to respond. This paper attempts to make a first step identifying …
Persistent link: https://www.econbiz.de/10012755874
various entrepreneurial engagement levels. Data from two Entrepreneurship Flash Eurobarometer surveys (2002 and 2003 …
Persistent link: https://www.econbiz.de/10012758163
aspects of the recent scientific literature on the relation between entrepreneurship and small business, on the one hand, and … pay a penalty in terms of forgone growth. It also pays attention to the Global Entrepreneurship Monitor (GEM), a new and …
Persistent link: https://www.econbiz.de/10012758415
Education is a well-known driver of (entrepreneurial) income. The measurement of its influence, however, suffers from endogeneity suspicion. For instance, ability and occupational choice are mentioned as driving both the level of (entrepreneurial) income and of education. Using instru-mental...
Persistent link: https://www.econbiz.de/10014196996