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environment and there are no barriers to entrepreneurship, banks (as lenders to these corporations) are expected to be profitable … too. Thus, our proposed model is a link between globalisation, barriers to corporate entrepreneurship and bank … profitability. In the present paper it is empirically shown that a reduction in barriers to corporate entrepreneurship definitely …
Persistent link: https://www.econbiz.de/10010757752
This paper revisits the two-equation model of Carree, van Stel, Thurik and Wennekers (2002) where deviations from the ‘equilibrium’ rate of business ownership play a central role determining both the growth of business ownership and that of economic development. Two extensions of the...
Persistent link: https://www.econbiz.de/10011372525
We review Baumol's typology of productive, unproductive and destructive entrepreneurship. We argue that the typology is … the thesis that entrepreneurship has become less productive, due to the unintended effects of entrepreneurship policies … adopted widely in Western economies. These have straight-jacketed, distracted and zombified entrepreneurship. Removing these …
Persistent link: https://www.econbiz.de/10014335837
. Our findings underline the importance of finance for entrepreneurship and microenterprise growth, and the role of informal …
Persistent link: https://www.econbiz.de/10013075748
Weak productivity in Egypt is rooted in deep-seated structural causes that impede market competition and prevent a more efficient resource allocation. This implies a number of challenges for economic policy to meet the objectives for long-term sustainable growth as set out in the National...
Persistent link: https://www.econbiz.de/10015081887
claim that entrepreneurship has important economic value. Hence, a systematic review is provided that answers the question … group’? A fourth type of contribution studied is the role of entrepreneurship in increasing individuals’ utility levels …
Persistent link: https://www.econbiz.de/10011372984
suggests that entrepreneurship is a key driver of economic development, and one that has long-run effects. …
Persistent link: https://www.econbiz.de/10010477120
globalization (measured by trade) as well as entrepreneurship can be two of them having a positive impact on economic growth. Panel …
Persistent link: https://www.econbiz.de/10013132279
In this paper it is pointed out that economic freedom, globalization and entrepreneurial caliber foster economic growth …. Thus, policy makers should bear in mind that entrepreneurship should not face obstacles, which hinder the realization of …
Persistent link: https://www.econbiz.de/10014136464
around an aggressive foray into provision of Microfinance is more likely to fail, than to succeed. The Microfinance strategy … any supply-side or income multiplier effect from Microfinance, and there is not arrival at any beneficial transformation …, which does not reside in purview of Microfinance, there is not arrival at any meaningful economic development. The study …
Persistent link: https://www.econbiz.de/10012860391