The aim of this study is to provide a microeconomic investigation of the concept of entrepreneurship; in particular, it discusses the following issues: 1) the alternative ways of looking at entrepreneurship, distinguishing "creative destruction" from simple "turbulence"; 2) the different...

Italy and Turkey over the last decade entered a process of progressive increase in foreign direct investment (FDI) starting from very low levels. We explore whether and how Italian and Turkish firms survival rates were affected by the increased foreign presence and whether domestic firms have...