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This paper shows that the behavior of entrepreneurs facing incomplete financial markets and risky investment can … uninsurable risk of losing invested capital forces entrepreneurs to rely on self-financing, so that when business opportunities … open up entrepreneurs increase saving to finance the investment that produces growth. The key insight is that saving has to …
Persistent link: https://www.econbiz.de/10008519499
Institutional theory-based studies on firms from developed economies entering emerging economies are helpful to evidence the impact of both formal and informal institutions elements on the strategies of foreign entrants. However, the number of theoretical and empirical studies using an...
Persistent link: https://www.econbiz.de/10010944882
-stage entrepreneurship. Corruption deters formal entrepreneurship, but the presence of corrupt institutions positively influences the … public domain encourages the knowledge spillover process to early stage entrepreneurs but is retarded by a strong legal and …
Persistent link: https://www.econbiz.de/10009352838
to support the development of entrepreneurship institutionally. With respect to empirical part, statistical comparative …
Persistent link: https://www.econbiz.de/10011130039
This article recognises that the Mexican financial crisis of 1982 marked a turning point in the country's development. The crisis followed a period of steady economic growth. Since then, the entrepreneurial state has been under steady attack by members of a new business elite, who are direct...
Persistent link: https://www.econbiz.de/10008592831
This article recognises that the Mexican financial crisis of 1982 marked a turning point in the country's development. The crisis followed a period of steady economic growth. Since then, the entrepreneurial state has been under steady attack by members of a new business elite, who are direct...
Persistent link: https://www.econbiz.de/10008564060
In diesem Bericht werden die Zwischenergebnisse der Begleitforschung 2012 bis 2013 zum Modellvorhaben LandZukunft des Bundesministeriums für Ernährung und Landwirtschaft (BMEL) vorgestellt. Das Modellvorhaben läuft von 2012 bis Ende 2014 in vier aus ursprünglich 17 Landkreisen ausgewählten...
Persistent link: https://www.econbiz.de/10010985576
Persistent link: https://www.econbiz.de/10005013194
Persistent link: https://www.econbiz.de/10005013137
Persistent link: https://www.econbiz.de/10005013198