Persistent differences in the level of business ownership across countries have attracted the attention of scientific as well as political debate. Cultural as well as economic influences are assumed to play a role. This paper deals with the influence of cultural attitudes towards uncertainty on...

We examine the relationship, across 39 countries, between regulation and entrepreneurship using a new two-equation model. We find the minimum capital requirement required to start a business lowers entrepreneurship rates across countries, as do labour market regulations. However the...

This paper uses an Eclectic Framework explaining entrepreneurship incorporating different streams of literature and spanning different disciplines. The Eclectic Framework integrates factors shaping the demand for entrepreneurship on the one hand, with those influencing the supply of...

Entrepreneurship has emerged as an important element in the organization of economies. This emergence did not occur simultaneously in all developed countries. Differences in growth rates are often attributed to differences in the speed with which countries embrace entrepreneurial energy. This...

This paper investigates the impact of changes in the number of business owners on three measures of economic performance, viz. employment growth, GDP growth and labor productivity growth. Particular attention is devoted to the lag structure. The analysis is performed at the country level for 21...

Blue ocean strategy seeks to turn strategic management on its head by replacing ‘competitive advantage’ with ‘value innovation’ as the primary goal where firms must create consumer demand and exploit untapped markets. Empirical analysis has been focused on case study...

The determinants of entrepreneurial choice have been thoroughly analyzed. Little is known, however, about the preferred mode of entry into entrepreneurship, such as taking over an existing business or starting a new venture. Using a large, international dataset, this study reports considerable...

It is generally acknowledged that the size-class distribution of enterprises in a country is an important characteristic of its economy. The EU countries are increasingly co-operating and adjusting to each other's needs in order to achieve optimal joint output. However, country differences -at...

Entry and exit of firms is an item of major importance in economic policy. The purpose of this report is to investigate whether entry and exit of firms affects productivity. A model for total factor productivity is developed using a panel of regional data for the years 1988 up to and including 1996.

By stimulating entrepreneurship, the actual goal is especially to stimulate the people who will be successful after starting up their businesses. Considering the great variety within the group of (potential) entrepreneurs, there is need for specific insight in the factors that determine the...