The governance of companies is of importance to developing countries due to the link between effective corporate governance and economic development. Ownership and control of public companies, except in the US and UK, is often in the hands of a few individuals, families or corporate groups and...

This study is aiming to outline the entrepreneurs’ opinions regarding to the effect of the Intermediary Management Agencies (IMAs) and the subsidy Operational Programmes (OPs) in the concretisation of their investments. More specific, the study aims into the acquisition of knowledge and...

This study was prepared by Andreas Kuhlmann, while he was working with the Ifo Institute for Economic Research. It was completed in September 2006 and was accepted as a Ph.D. thesis by the Economics Department of the University of Munich. The subject of this study is the analysis of network...

The smart specialisation is a new EU’s concept towards the regions. It assumes upgrading of innovation and competitivess basing on endogenic potential, in particular, in already existing branches of economy. Smart specialisations should, by definition concentrate economic resources on chosen...

В статье выделены и охарактеризованы естественные преимущества малого бизнеса как основы его развития. Сделаны обоснования, что без высокого уровня развития...

In the article identified and characterized the natural advantages of a small business, as the basis of its development. Author substantiated that without a high level of development of small business is impossible to accelerate progress of the national economy. The theoretical concept about...

In our analysis of the impact of new firm formation on regional employment change we identified considerable time lags. We investigated the structure and extent of these time lags by applying the Almon lag model and found that new firms can have both a positive and a negative effect on regional...

We investigate the impact of new business formation on regional employment. The main effects occur after a considerable time lag. Obviously, a large part of the effect is not due to job creation by the newcomers but rather is of indirect nature. This implies that a large part of the debate about...