Innovative nascent entrepreneurs face the problem of obtaining finance, mainly due to information problems. We use new data on capital seeking start-ups allowing distinction between planning stage and early stage. Being innovative does not affect the probability of having external finance in the...

This paper is a review of the monograph entitled 'New model of socio-economic sustainable development of the Slovak Republic', edited in April 2012 by School of Economics and Management in Public Administration in Bratislava (SEMPA). The team of authors (Ing. Vladislav Bachar, CSc., Ing. Ondrej...

My main purpose is to connect the issue of property rights to the set of questions concerning economic growth and the long-term determinants of the improvements in material well-being. To anticipate what will be my main conclusion, it is that property rights and economic growth are not...

We show that, in the case when innovations are for sale, increased product market competition, captured by reduced product market profits, can increase the incentives for innovations. The reason is that the incentive to innovate depends on the acquisition price which, in turn, might increase...

In a recent paper, García-Mainar and Montuenga-Gómez (2005) apply the generalized IV model of Hausman and Taylor to estimate education returns of wage earners and the self-employed in Portugal and in Spain. Our examination reveals several problems which relate to the validity and documentation...

Due to external and internal changes in dairy farming, entrepreneurial competencies are becoming increasingly important for dairy farmers. Investigating the possibility to improve these competencies by means of a training program is the main topic of the reported research. First the relations...

The results of an on-going exploratory study focused on disparities in entrepreneurial activities across 203 Metropolitan Statistical Areas among 18 industries in the US showed that there existed variations in the path of entrepreneurial development among MSAs and different industries. Resource...