Showing 1 - 10 of 1,047
economy. In particular, the empirical evidence provides consistent support that (1) the role of entrepreneurship has … may be that the current approach to entrepreneurship policy is misguided. The priority should not be on entrepreneurship …
Persistent link: https://www.econbiz.de/10014192096
economy. In particular, the empirical evidence provides consistent support that (1) the role of entrepreneurship has … may be that the current approach to entrepreneurship policy is misguided. The priority should not be on entrepreneurship …
Persistent link: https://www.econbiz.de/10010326000
This paper revisits the two-equation model of Carree, van Stel, Thurik and Wennekers (2002) where deviations from the ‘equilibrium’ rate of business ownership play a central role determining both the growth of business ownership and that of economic development. Two extensions of the...
Persistent link: https://www.econbiz.de/10010325146
We develop a new perspective on the boundary of the firm that is consistent with the empirical observation that the share of entrepreneurs first decreases and then increases in the course of economic development. Existing theory based on transaction costs is difficult to relate to these...
Persistent link: https://www.econbiz.de/10010325799
After decades of government growth, Western countries have witnessed major policy reversals. Prominent examples include the far-reaching policy reversals implemented by Thatcher, Reagan, and Douglas. This paper offers an explanation for these policy reversals. Our key argument rests on the...
Persistent link: https://www.econbiz.de/10010324722
The most recent literature on aid effectiveness finds a positive effect of aid on growth. To the extent that aid goes through the budget, this either reflects an aid-financed increase in government expenditures (quantity effect) or an improvement in the use of government resources as a result of...
Persistent link: https://www.econbiz.de/10014149694
unemployment in Japan. The question is to what extent business ownership, i.e., entrepreneurship, can reduce the level of …
Persistent link: https://www.econbiz.de/10010325346
models based on the established literature. Traditionally, entrepreneurship is not dealt with in these models. In the present … paper it is shown that – when this variable is added - in all models there is a significant influence of entrepreneurship … while the remaining effects mainly stay the same. Entrepreneurship is measured as the business ownership rate (number of …
Persistent link: https://www.econbiz.de/10010325764
We develop a new perspective on the boundary of the firm that is consistent with the empirical observation that the share of entrepreneurs first decreases and then increases in the course of economic development. Existing theory based on transaction costs is difficult to relate to these...
Persistent link: https://www.econbiz.de/10014200729
models based on the established literature. Traditionally, entrepreneurship is not dealt with in these models. In the present … paper it is shown that - when this variable is added - in all models there is a significant influence of entrepreneurship … while the remaining effects mainly stay the same. Entrepreneurship is measured as the business ownership rate (number of …
Persistent link: https://www.econbiz.de/10014208199