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The article analyses the dynamics of technological catch-up through entrepreneurship in latecomer firms to emerging … innovation model based on business model 'soft' innovations, mainly in customer-facing activities and partnering, as well as … these firm's innovation efforts, which are concentrated on developing new services and comprehensive solutions rather than …
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Entrepreneurs, creators of new firms, are a rare species. Even in innovation-driven economies, only 1-2% of the work … competitiveness of the economy and may establish new jobs. The gains of entrepreneurship are only realized, however, if the business … environment is receptive to innovation. In addition, policymakers need to prepare for the potential job losses that can occur in …
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Economic growth requires factor reallocation across firms and continuous replacement of technologies. Labor market institutions influence economic dynamism by their impact on the supply of a key factor, skilled workers to new and expanding firms, and the shedding of workers from declining and...
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