This paper analyses the relationship between size and growth for a group of Italian newborn firms in the instruments industry. The main finding is that Gibrat's Law of Proportionate Effect exhibits a behaviour dependent on the firm's life cycle. In particular, even if in the years immediately...

This paper analyses the impact of subsidies for the promotion of Italian joint ventures (JVs) aimed at LDCs and transition economies. The empirical analysis is carried out on a unique dataset of 172 JVs interviewed during 1998 by means of a closed-answer qualitative-quantitative questionnaire....

A large and comprehensive longitudinal database is used to identify the start-up of new firms in the Italian tourist industry and their subsequent post-entry performance. Analysed in particular is the link between the survival of hotels, restaurants, and catering firms in each Italian region and...

[fre] Plusieurs enquêtes sur les dynamiques internes des industries ont récemment permis d'en conclure que la loi de Gibrat ne tient pas. La découverte la plus importante a révélé que plus une entreprise grandit, plus son taux de croissance diminue. Dans ce document (à la recherche de...

This paper provides empirical evidence supporting the view that constitutions may influence the organization of economic activities. Dealing with the issue of the institutional determinants of entrepreneurship, it shows that some of the provisions contained in national constitutions are...

Intention toward any occupational choice can be widely categorized as a rational choice process combined with a subjective attitude function. There is extensive literature dealing with the formation of intention toward entrepreneurship in adolescents, in particular as a result of either parental...

The aim of this paper is to shed light on the phenomenon of firm growth, analyzing the evolution of young firms within some selected industries. We find that the firm size distribution is fairly skewed to the right during the infancy stage, whereas it converges towards a more symmetric...

Public subsidies in support of new firm foundation are among the most frequently used instruments of industrial policy in the Euro zone. This paper analyses their effectiveness and efficiency vis-ý-vis some features of the overall process of industry dynamics in Italian manufacturing. To this...