Endogenous growth theory assigns an important role for entrepreneurship in the process of economic development. This … paper sets to formally test the impact of entrepreneurship on economic growth. Entrepreneurship is represented by a number … of proxy variables, whereas Total Factor Productivity is used as a measure of economic growth. Panel data of 26 European …

growth and employment, and an overlook on the impacts of different policy measures on companies. The role of large companies … employment, especially among young and small companies. Impacts on the productivity are, however, uncertain. Cooperation of … help firms to grow larger but do not improve their productivity. …

on productivity growth, we estimate that Finland could achieve an annual growth rate of about 2 per cent in the coming 5 … the growth prospects in the coming 5 years. The weakness of Finland’s performance relative to comparative EU … recovery in turn stems from a stronger export market growth, the fading away of the negative Nokia shock, and the improvement …

This paper focuses on knowledge-based entrepreneurship, or new firm creation in industries which are considered to be … some important ways from the conventional picture of new technology based firms. In general, we see the ECE knowledge … sources of innovative, high-technology products, but having established strong brands for themselves in their home markets …

Following the broad overview of knowledge-intensive entrepreneurship (KIE), or new firm creation in industries …

-intensive entrepreneurship (KIE), or new firm creation in industries considered to be science-based or to use research and development (R … high rates of economic growth and improvements in the level of education of younger generations. Significant improvement is …

. We find that entrepreneurs in growth-oriented startups have had typically already some experience from being an … entrepreneur or managing business, and have had success in risk-taking activities. Growth-oriented startup firms are in turn more … likely to be networked with other firms and institutions, and are already in the startup phase larger than others. Growth …

public databases. By startups we refer to young, small, and independent firms holding basic elements for growth. Some 4 000 … average doubled. The most intensive growth spurt emerges usually in the very first years after establishing the business. Only …

a relevant field, they are more innovation-oriented, and they have higher initial growth aspirations. Their businesses … are more likely to seek sales growth by utilizing international markets and by focusing more on consumer markets and less … regulation and tight legislation are being seen as the most significant disincentives at the start-up phase. Growth-oriented new …