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constraints on productive entrepreneurship would require that the decline in level-two institutions, such as democracy and science …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 …
Persistent link: https://www.econbiz.de/10014335837
as main agents of entrepreneurship in the BiH. …
Persistent link: https://www.econbiz.de/10012012467
This paper shows how the interaction between conflict and growth can give rise to a nonmonotone relationship between property rights and social welfare. This interaction is illustrated in a model of endogenous growth in which equilibrium diversion of resources is the cost of securing effective...
Persistent link: https://www.econbiz.de/10014199843
Persistent link: https://www.econbiz.de/10010191026
A fundamental requirement of market economies is the security of ownership claims to property. Yet history is littered with cases of challenges to these claims. A large literature has found contradictory evidence for the effect of income and income inequality on revolt, possibly due to omitted...
Persistent link: https://www.econbiz.de/10010519062
institutions is conducive to opportunity entrepreneurship. Performing a sensitivity analysis, we construct a hypothetical, more …, institutions and transactions are exogenous for the economic and societal system. The paper aims to explore the roles of cultural …, transaction and institution characteristics in the determination of opportunity entrepreneurship, at the medium-term. A series of …
Persistent link: https://www.econbiz.de/10010506574
This note investigates the impact of changes in the number of business owners on three measures of economic performance, viz. employment growth, GDP growth and labor productivity growth. Particular attention is devoted to the lag structure. The analysis is performed at the country level for 21...
Persistent link: https://www.econbiz.de/10011280365
Entrepreneurship scholarship and policy are based on the myth of firm growth as imperative and the related myth of …. Green growth and sustainable entrepreneurship are exposed as oxymorons. Given the dangers and the impossibility of perpetual … growth, the paper then tries to answer the question of what role entrepreneurship could play in a post-growth society or in …
Persistent link: https://www.econbiz.de/10014584338
This study examines the effects of the historical prevalence of infectious diseases on contemporary entrepreneurship …. Drawing on the epidemiological origin of institutions, we propose a framework which argues that the impact of infectious … disease prevalence on contemporary entrepreneurship is mediated by property rights. The central hypothesis posits that a …
Persistent link: https://www.econbiz.de/10012799894
models based on the established literature. Traditionally, entrepreneurship is not dealt with in these models. In the present … paper it is shown that – when this variable is added - in all models there is a significant influence of entrepreneurship … while the remaining effects mainly stay the same. Entrepreneurship is measured as the business ownership rate (number of …
Persistent link: https://www.econbiz.de/10011378136