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claim that entrepreneurship has important economic value. Hence, a systematic review is provided that answers the question …, and (iii) productivity and growth, relative to the contributions of the entrepreneurs’ counterparts, i.e., the ‘control … group’? A fourth type of contribution studied is the role of entrepreneurship in increasing individuals’ utility levels …
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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...
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growth opportunities. Also,higher accountability and lower income inequality are associated with more ef-fective legal …
Persistent link: https://www.econbiz.de/10011338011
introduced a greater element of entrepreneurship have been rewarded with additional growth. … made a plea for guidance in the era of entrepreneurship, scholars have been slow to respond. The purpose of this paper is … been conducive to economic growth and job creation. Our empirical analysis links the stage of the transition towards an …
Persistent link: https://www.econbiz.de/10010363192
for firm entry, competitiveness, and market power. I calibrate a Schumpeterian model of endogenous growth with … distribution and a measure of firm markup are endogenously determined on a balanced growth path. I find that a spread in the wealth …
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innovation and thereby economic growth. Theoretically, dismissal laws make it costly for firms to arbitrarily discharge employees … discontinuity tests to provide this evidence. Building on endogenous growth theory, which posits that economic growth stems from … innovation, I also show that dismissal laws correlate positively with economic growth. However, other forms of labor laws …
Persistent link: https://www.econbiz.de/10011858380