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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...
Persistent link: https://www.econbiz.de/10005419171
This paper revisits the two-equation model of Carree, van Stel, Thurik and Wennekers (2002) where deviations from the ‘equilibrium’ rate of business ownership play a central role determining both the growth of business ownership and that of economic development. Two extensions of the...
Persistent link: https://www.econbiz.de/10011256128
In the present paper we address the relationship between the extentof business ownership (self-employment) and economic development. We will focusupon three issues. First, how is the equilibrium rate of business ownershiprelated to the stage of economic development? Second, what is the speed...
Persistent link: https://www.econbiz.de/10011256131
This paper documents that a process of industrial restructuring has been transforming the developed economies, where large corporations are accounting for less economic activity and small firms are accounting for a greatershare of economic activity. Not all countries, however, are experiencing...
Persistent link: https://www.econbiz.de/10011256821
The entrepreneurship seems to be an important source for economic growth. For this reason, the emphasis on … entrepreneurship with the importance for economic growth is increasing day by day. This study investigates the existence of the … relationship between entrepreneurship and economic growth by using control variables including employment and savings. For this …
Persistent link: https://www.econbiz.de/10011207134
In this paper, we empirically investigate the effect of entrepreneurship on economic growth at the country level. We … use data from the Global Entrepreneurship Monitor, which provides comparative data on entrepreneurship from a wide range … effects of entrepreneurship in general and growth-oriented entrepreneurship in particular. We present empirical tests of the …
Persistent link: https://www.econbiz.de/10008629999
A large and still growing body of literature suggests that entrepreneurship is of exceptional importance in explaining …
Persistent link: https://www.econbiz.de/10009142466
Endogenous growth theory assigns an important role for entrepreneurship in the process of economic development. This … paper sets to formally test the impact of entrepreneurship on economic growth. Entrepreneurship is represented by a number … entrepreneurship contributes to growth moderately. It is not, nonetheless, a dominant force shaping changes in TFP growth rates …
Persistent link: https://www.econbiz.de/10009210956
Focuses on the building of roads and infrastructure in the region of Angkor.
Persistent link: https://www.econbiz.de/10010690111
Examines how enterprises can restructure in the spirit of social partnership with maximum economic benefits and minimum costs for the workers, communities and society at large.
Persistent link: https://www.econbiz.de/10010690160