This paper studies the influence of cultural and economic variables on differences in the level of self-employment in more than twenty Western nations and Japan, for the period 1974-1994.

The purpose of this paper is to examine whether the dynamics of industrial organization differ in the Netherlands from what has emerged as a Stylized Fact in other countries. Because the Netherlands has pursued a unique set of institutions and policies comprising what has become known as the...

This essay explains how and why entrepreneurship has made important contributions to economic and social life inmodern industrialized countries. The increased role of entrepreuneurship in general and small firms in particular has come with a number of benefits spanning a wide range of economic...

The central question in this paper is how many small-business owners employ fewer personnel than they really need, and what factors can provide an explanetion for this phenomenon. Data on more than 300 Dutch small-business owners show that about 18% of them hire fewer personnel than needed.

Using disaggregated data for Dutch manufacturing industries over the period 1975-1986 we find considerable evidence that the price-cost margins of small firms do not tend to follow those of large firms. These findings support the theory that small firms pursue a strategy of producing in distinct...