This paper examines the relationship between economic growth and the Small and Medium Enterprise (SME) sector for a panel of 503 Brazilian micro-regions for the period 1980-2004 using panel spatial econometrics. It investigates the importance of the SME sector size measured by the share of the...

Most of the aggregate level analyses on the relationship between objective and subjective measures for well-being have limited themselves to measures of national GDP and mean life satisfaction. We develop this line of research by embedding the analysis into the context of 289 NUTS regions in...

This paper introduces the Geographic Macro and Regional (GMR) model for NUTS-2 regions of the Euro zone. This model consists of three blocks: the TFP, the SCGE and the MACRO blocks. The model is built for impact analysis of policies targeting intangible assets in the forms of R&D, human capital...

Content analysis of interviews conducted with reindeer herders - referred to as reindeer husbandry entrepreneurs, by the Reindeer Herders' Association - from two ethnic communities in Finland reveals that participants who identified themselves as ethnic Finns viewed their self-employment as an...

The current empirical entrepreneurship literature mainly shows a positive correlation between entrepreneurship (measured as the number of startups) and economic growth. However, the mechanisms by which entrepreneurship exerts its positive influence are not obvious. The net result of startups on...

This paper contains one of the first empirical attempts to investigate the influence of local Entrepreneurial Social Capital on startup propensity. We use a unique database including not only total startups, but data on startups divided in six branches to study the impact of Entrepreneurial...

The positive impacts of social and human capital on individual, firm and geographical level are well known. Accordingly, the literature on social capital has advocated the impacts of social networks, norms and trust in securing individual and mutual benefits. Already, the early literature on...