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This paper contrasts the determinants of entrepreneurial entry and high-growth aspiration entrepreneurship. Using the Global Entrepreneurship Monitor (GEM) surveys for 42 countries over the period 1998-2005, we analyse how institutional environment and entrepreneurial characteristics affect...
Persistent link: https://www.econbiz.de/10003896204
This paper contrasts the determinants of entrepreneurial entry and high-growth aspiration entrepreneurship. Using the Global Entrepreneurship Monitor (GEM) surveys for 42 countries over the period 1998-2005, we analyse how institutional environment and entrepreneurial characteristics affect...
Persistent link: https://www.econbiz.de/10013155593
innovation, we identify the effect of dismissal laws by exploiting the time-series variation generated by staggered country …-level law changes. Using fixed effect panel regressions and difference-in-difference tests, we find that innovation is fostered by … stringent laws governing dismissal of employees. In addition, stringent dismissal laws disproportionately influence innovation in …
Persistent link: https://www.econbiz.de/10012753196
innovation and thereby economic growth. Theoretically, dismissal laws make it costly for firms to arbitrarily discharge employees …. This enables firms to commit to not punish short-run failures of employees. Because innovation is inherently risky and …, but path-breaking, projects thereby fostering firm-level innovation. I provide empirical evidence supporting this thesis …
Persistent link: https://www.econbiz.de/10011858380
-employment. -- Entrepreneurship ; Innovation ; Institutions ; Regulation ; Self-employment …
Persistent link: https://www.econbiz.de/10009721267
Formal institutions, e.g., regulations, are considered crucial determinants of entrepreneurship, but what enables regulatory change when there is a regulatory void, meaning entrepreneurship clashes with existing regulations? Drawing on public choice theory, we hypothesize that regulatory freedom...
Persistent link: https://www.econbiz.de/10013175457
framework. -- Entrepreneurship ; Innovation ; Institutions ; Regulation ; Self-employment …
Persistent link: https://www.econbiz.de/10003743977
; Innovation ; Institutions ; Property rights ; Regulation ; Self-employment …
Persistent link: https://www.econbiz.de/10008696776
innovative and evasive features. The platform was a radical, widely applied innovation that transformed the Internet landscape …
Persistent link: https://www.econbiz.de/10011420647
Although institutional reforms are necessary to increase rates of entrepreneurship in European countries, we argue that one-size-fits-all reform strategies are unlikely to be successful. Reform strategies must be informed by a better knowledge of the varieties of European capitalism and the...
Persistent link: https://www.econbiz.de/10011444478