Assesses the job creation effects of capital subsidies provided to small and medium enterprises in rural and lagging areas. The proposed methodology takes account of extensive censoring of job creation among assisted rural firms, endogeneity of the capital stock change resultant from capital...

The present work provides an integrated view of rural entrepreneurship and sets the agenda for future research in the area. Rurality defines a territorially specific entrepreneurial milieu with distinct physical, social and economic characteristics. Location, natural resources and the landscape,...

The paper presents results from four surveys of rural businesses in mountainous and less‐favoured areas of Southern Europe. Institutional support to rural businesses is extensive and delivered through the traditional instruments of capital subsidies, training and assistance to financial and...