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Poor countries have low rates of wage employment and high rates of self-employment. This paper shows that they also have high rates of unemployment relative to wage employment, and that self-employment is particularly high where the unemployment-wage employment ratio is high. I interpret high...
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enter entrepreneurship, to become self-employed, and to switch to another employer. The effects of layers are much stronger … for business creation than for jobswitching and they are stronger for entrepreneurship than for self-employment. However … fewer layers having a broader range of skills. -- entrepreneurship ; employee mobility ; hierarchy, rank, small firm effect …
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: the entrepreneurship rate and the fraction of small firms fall with per capita income across countries, while average firm …'s potential payoffs in working and in entrepreneurship. If some firms consistently benefit more from technological progress than …
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"Entrepreneurs out of necessity" identified by the Global Entrepreneurship Monitor survey are a sizeable group across … market. This evidence is a challenge for existing theories of heterogeneous firms. -- Entrepreneurship ; firm size …
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