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Better means more: property rights and high-growth aspiration entrepreneurship

Estrin, Saul; Korosteleva, Julia; Mickiewicz, Tomasz - 2009

This paper contrasts the determinants of entrepreneurial entry and high-growth aspiration entrepreneurship. Using the … Global Entrepreneurship Monitor (GEM) surveys for 42 countries over the period 1998-2005, we analyse how institutional … entrepreneurship, but has less pronounced effects for entrepreneurial entry. The availability of finance and the fiscal burden matter …

Persistent link: https://www.econbiz.de/10010271286

Entrepreneurship in advanced and developing countries: A microeconomic perspective

Vivarelli, Marco - 2012

The purpose of this paper is to provide a contribution to the identification of the role of entrepreneurship in … economic growth by mapping out: 1) alternative ways of looking at entrepreneurship, distinguishing 'creative destruction' from … firm); and 4) the possible scope for an economic policy aimed at maximizing the impact of entrepreneurship on economic …

Persistent link: https://www.econbiz.de/10010282123

Entrepreneurial entry: which institutions matter?

Aidis, Ruta; Estrin, Saul; Mickiewicz, Tomasz - 2009

In this paper we explore the relationship between the individual decision to become an entrepreneur and the institutional context. We pinpoint the critical roles of property rights and the size of the state sector for entrepreneurial activity and test the relationships empirically by combining...

Persistent link: https://www.econbiz.de/10010269212

Shadow economy and entrepreneurial entry

Estrin, Saul; Mickiewicz, Tomasz - 2010

-2005 individual-level Global Entrepreneurship Monitor data merged with macro level variables. A simple correlation coefficient …

Persistent link: https://www.econbiz.de/10010272648

Size matters: Entrepreneurial entry and government

Aidis, Ruta; Estrin, Saul; Mickiewicz, Tomasz - 2010

-level institutional indicators for 47 countries with working age population survey data taken from the Global Entrepreneurship Monitor …

Persistent link: https://www.econbiz.de/10010272659

Which institutions encourage entrepreneurs to create larger firms?

Estrin, Saul; Korosteleva, Julia; Mickiewicz, Tomasz - 2011

We develop entrepreneurship and institutional theory to explain variation in different types of entrepreneurship across … grow faster. We test these hypotheses using the Global Entrepreneurship Monitor surveys in 55 countries for 2001 …

Persistent link: https://www.econbiz.de/10010274639

Social capital, innovation and growth: evidence from Europe

Akçomak, I. Semih; ter Weel, Bas - 2008

This paper investigates the interplay between social capital, innovation and per capita income growth in the European Union. We model and identify innovation as an important mechanism that transforms social capital into higher income levels. In an empirical investigation of 102 European regions...

Persistent link: https://www.econbiz.de/10010277206

Constrained firms, not subsistence activities: Evidence on capital returns and accumulation in Peruvian microenterprises

Göbel, Kristin; Grimm, Michael; Lay, Jann - 2012

We investigate the returns to capital and capital accumulation using panel data of Peruvian micro enterprises (MEs). Marginal returns to capital are found to be very high at low levels of capital, but rapidly decreasing at higher levels. The dynamic analyses of capital accumulation in MEs...

Persistent link: https://www.econbiz.de/10010289847

International capital market integration, educational choice and economic growth

Egger, Hartmut; Egger, Peter; Falkinger, Josef; … - 2005

This paper examines the impact of capital market integration (CMI) on higher education and economic growth. We take into account that participation in higher education is non-compulsory and depends on individual choice. Integration increases (decreases) the incentives to participate in higher...

Persistent link: https://www.econbiz.de/10010267663

Economic growth and subjective well-being: reassessing the easterlin paradox

Stevenson, Betsey; Wolfers, Justin - 2008

The Easterlin paradox suggests that there is no link between a society's economic development and its average level of happiness. We re-assess this paradox analyzing multiple rich datasets spanning many decades. Using recent data on a broader array of countries, we establish a clear positive...

Persistent link: https://www.econbiz.de/10010268822