This book examines the role of venture capital institutions in financing technology-based ventures both in developed and developing countries. It also explores that part of venture capital activity which is hitherto vastly under-researched; namely the ability of venture capital institutions to...

If one is to understand why some regions grow and others stagnate, there are three fundamental questions that need to be answered. First, Why and when does economic activity become concentrated in a few regions, leaving others relatively underdeveloped? Second, What role does technological...

Technological change is a central element in macroeconomic growth explanation. Endogenous growth models take a revolutionary step towards better understanding the economic growth process by deriving technological change from profit-motivated individual behavior. In endogenous growth theory...

This note implements a novel approach to formalizing spatial externalities by employing spatial econometric methods that combine spatial dependence in the form of spatial autoregressive processes and spatial heterogeneity in the form of spatial regimes. The results confirm earlier findings that...

This paper introduces a new concept in addition to the traditional measures of stocks of capital, labor, human capital and knowledge, to understand the Solow Residual: National Entrepreneurial Ecosystem (NEE). The NEE construct is based on a methodology that combines institutions and human...

This paper constructs a Global Entrepreneurship Index (GEINDEX) that captures the contextual feature of entrepreneurship across countries. We find the relationship between entrepreneurship and economic development to be mildly S-shaped not U-shaped or L-shaped. Our findings suggest moving away...

The Comparison of the Global Entrepreneurship Monitor (GEM) and the Global Entrepreneurship and Development (GEDI) Index Methodologies has four aims: (1) to provide a comprehensive comparison of the GEM and GEDI approaches by using both methods side by side to analyze entrepreneurship...

Ebben a tanulmányban arra kerestük a választ, hogy az elsősorban egészségkockázattal kapcsolatos szociológiai és kognitív pszichológiai kutatások kockázatészlelés- mérésére kidolgozott, úgynevezett pszichometrikus módszerek milyen formában hasznosíthatók a befektetői...