Entrepreneurship, economic development and institutions
نویسندگان
چکیده
منابع مشابه
Entrepreneurship and Institutions Magnus Henrekson Entrepreneurship and Institutions
In this paper entrepreneurs are defined as agents who bring about economic change by combining their own effort with other factors of production in search of economic rents. The institutional setup is argued to determine both the supply and direction of entrepreneurial activity. Four key institutions are explored more closely: property rights protection, savings policies, taxation and the regul...
متن کاملInstitutions , Entrepreneurship , and Re - gional Differences in Economic Growth
This paper takes an institutional approach to explaining differences in the levels of entrepreneurship and economic growth across U.S. states. The institutional approach to growth argues that political and economic institutions influence the productivity of resource use. We hypothesize that institutions influence economic growth primarily through their effect on entrepreneurship and discovery. ...
متن کاملContracting Institutions and Economic Development
This paper studies the effects of contracting institutions on economic development. A model is presented with endogenous incomplete markets, where financial frictions generated by the imperfect enforcement of contracts depend on the future growth of the economy, which determines the costs of being excluded from financial markets after defaulting. As the economy approaches its steady state, fric...
متن کاملEntrepreneurship and economic development in cities
Policymakers have identified the relationship between entrepreneurship and economic development. Yet little is known about how this relationship varies over time in cities with different market size. This study examines the link between new firm start-ups and economic development using a panel of 127 European cities between 1994 and 2009. We found that the immediate economic development impact ...
متن کاملOligarchic Land Ownership, Entrepreneurship, and Economic Development
This paper develops a theory in which oligarchic ownership of land or other natural resources impedes entrepreneurship in the manufacturing sector and thereby retards structural change and economic development. We show that, due to oligopsony power of owners in the agricultural labor market, higher ownership concentration is harmful for start-ups by landless, credit-constrained households, whos...
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ژورنال
عنوان ژورنال: Small Business Economics
سال: 2008
ISSN: 0921-898X,1573-0913
DOI: 10.1007/s11187-008-9135-9