Two approaches can be distinguished with respect to modelling entrepreneurship: (i) the approach focusing on the net development of the number of entrepreneurs in an equilibrium framework and (ii) the approach focusing on the entries and exits of entrepreneurs. In this paper we unify these...

We applied a novel method to evaluate the effect of capital constraints on entrepreneurial performance on a panel of 1000 Dutch entrepreneurs. We found that initial capital constraints hinder entrepreneurs in their performance (profit, duration and employment), also when we controlled for...

High-growth firms have been shown to be a key factor for economic growth and structural change. This paper analyses the determinants of the number of highgrowth firms in a country for 17 OECD countries between 1999 and 2005, using the Amadeus data set, the GEM data set, and others. The first...

Vergelijking van drie modellen voor het schatten van prijs-/kostenmarges in de industrie. De prijs-/ kostenmarge geeft een indicatie van de mate van concurrentie tussen bedrijven. Die is van belang voor consumenten, omdat zij te veel betalen als er te weinig concurrentie is. Complexere leveren...

Many empirical size distributions in economics and elsewhere follow Zipf?s law. Starting from the Gibrat assumption, it is essential to add a second as-sumption to explain this phenomenon.

This study puts forward the relevance of investigating the relation between innovation and firm size, acknowledging differences between process innovation and product innovation. From different strands in economic literature, the relevance of innovation in explaining average firm size has been...

PRISMA is een macrosector-model van de Nederlandse economie, geijkt op het CPB-model Athena. Het is geschikt voor analyses voor de middellange en lange termijn. Meerwaarde van het model is het onderscheiden van grootteklassen en de module die aantallen ondernemers verklaart. Actueel...

Firm growth is an important indicator of a thriving economy. Although the determinants of firm growth have been studied in various disciplines, an integrated analysis is still lacking. This paper attempts to provide such an analysis. Many determinants of firm growth are summarized and classified...

The idea behind the new Dutch Bankruptcy Act is that it should reward risk-taking by entrepreneurs in order to stimulate innovative entrepreneurship. Therefore, the rights of the creditors may need to be adjusted in security at some level. Knowledge on the impact of creditor rights on...

We investigated the manifold posed question: To what extent does investment in human and social capital, besides the effect of 'talent', enhance entrepreneurial performance?. We distinguished between three different performance measures: survival, profits, and generated employment. On the basis...