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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
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
Persistent link: https://www.econbiz.de/10013190267
Recent literatures on entrepreneurship and economic growth estimate the empirical relationships between the following … pairs of variables: (1) institutions and entrepreneurial activity; (2) institutions and economic growth; and (3 …) entrepreneurship and economic growth.This paper revisits each of these relationships using US state-level real GDP per capita, the …
Persistent link: https://www.econbiz.de/10013093550
failures, trade barriers, policy inefficiencies and the quality of institutions. A conducive business environment, is essential … entrepreneurship competencies, management and workforce skills, technology, innovation, and networks, is also critical to enable SME …
Persistent link: https://www.econbiz.de/10011877006
-agent growth model where agents can enhance individual productivity growth by undertaking entrepreneurship. The model assumes … wealthy people are more able to afford the costs of entrepreneurship. Wealth concentration therefore stimulates … entrepreneurship among the rich and so aggregate growth, whose fruits in turn are largely captured by the rich. This process creates a …
Persistent link: https://www.econbiz.de/10011886966
deemed to be of particular importance for entrepreneurship, innovation-based firm growth and its ensuing impact on the … economy. Particular aspects of entrepreneurship and economic dynamism are covered by pairs (or in one case three) coauthors …, who are renowned specialists in the area and with deep knowledge of the pertinent institutions in Sweden and the US. These …
Persistent link: https://www.econbiz.de/10009666645
The present paper assesses the interactions between innovation and economic institutions within the context of the … innovations on growth and inequality diminish as institutions increase in quality, and the effects of institutions can be … influenced by level of innovations. This indicates that while institutions and innovations can be inequality-inducing, their …
Persistent link: https://www.econbiz.de/10014434530