Audretsch, David B.; Sanders, Mark - Max-Planck-Institut für Ökonomik <Jena> - 2007
This paper argues that globalization has led to a shift in developed countries from an industrial to an entrepreneurial … model of production. Globalization is interpreted as a level shock in the supply of unskilled labor to the world economy, a … move varieties between life cycle stages, their importance in-creases due to globalization. The many new opportunities for …