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This article formalises the idea of money-metric production frontiers, which we propose as a general framework for nonparametric evaluation of economic efficiency. As we show in our methodological discussion, this improves the flexibility and economic interpretation of our model. The empirical...
Persistent link: https://www.econbiz.de/10003929600
"Entrepreneurs out of necessity" identified by the Global Entrepreneurship Monitor survey are a sizeable group across countries. They tend to have low education, run smaller firms, expect their firms to grow less, but are likely to stay in the market. This evidence is a challenge for existing...
Persistent link: https://www.econbiz.de/10003959157
We explore whether the tendency for smaller firms to have fewer hierarchical layers explains the well-documented inverse correlation between firm size and the rate at which employees become business owners. Our analysis is based on a Swedish matched employer-employee dataset. Conditional on firm...
Persistent link: https://www.econbiz.de/10009709507
This study clarifies the association of entrepreneurial orientation with the diverse characteristics of a firm. Descriptive, cross sectional research design has been adopted in a survey of 457 key informants from Indian organizations. Second order CFA has been used for the measurement of the...
Persistent link: https://www.econbiz.de/10012839491
employment. Our results indicate that public policies aimed at supporting Small and Medium-sized Enterprises (SMEs) should be …
Persistent link: https://www.econbiz.de/10013249320
In this paper we will look at job creation and destruction in firms. We will answer the question if it is the large companies that create jobs, while the smaller companies are contributing much less. Or is it the young companies that create jobs? And who destroys the most jobs? In the crisis...
Persistent link: https://www.econbiz.de/10009126033
Purpose: In nowadays economy, the role of Small and Medium Enterprises (SMEs) is continually increasing as they …. The SMEs' growth depends mostly upon its internal factors like the entrepreneur related factors and firm related factors …. The main objective of this research is to explore how these internal factors influence SMEs' sales growth. Design …
Persistent link: https://www.econbiz.de/10012240195
The aim of this paper is to investigate the growth dynamics of young small firms (in contrast with larger and older incumbents) in a developing country context, using a unique and comprehensive dataset of non-agricultural Tunisian companies. Our results suggest that significant differences...
Persistent link: https://www.econbiz.de/10012131444
Export marketing and international business literature support the view that firm size–a reflection of number of employees, and sales–is positively related to export intensity and is a distinguishing factor between internationalized and non-internationalized firms. According to the...
Persistent link: https://www.econbiz.de/10012949572
We provide evidence that over the past 30 years, U.S. firms have expanded their scope of operations. Increases in scope and scale were achieved largely without increasing traditional operating segments. Scope expansion significantly increases valuation and is primarily realized through...
Persistent link: https://www.econbiz.de/10012584478