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Employment growth is strongly predicted by smaller average establishment size, both across cities and across industries within cities, but there is little consensus on why this relationship exists. Tr...
This presentation draws on ideas from Professor Porter's articles and books, in particular, The Competitive Advantage of Nations (The Free Press, 1990), "Building the Microeconomic Foundations of Comp...
We study how a mortgage reform that exogenously increased access to credit had an impact on entrepreneurship, using individual-level micro data from Denmark. The reform allows us to disentangle the ro...
This working paper examines the origins and development of the Koç Group, which grew to be the largest business group in Turkey. This enterprise was an important actor in the emergence of modern ...
I confirm the finding that the propensity to start a new firm rises sharply among those in the top five percentiles of personal wealth. This pattern is more pronounced for entrants in less capital int...
We analyze the spatial determinants of entrepreneurship in India in the manufacturing and services sectors. Among general district traits, quality of physical infrastructure and workforce education ar...
We examine entrepreneurship and creative destruction following US banking deregulations using Census Bureau data. US banking reforms brought about exceptional growth in both entrepreneurship and busin...
Recent studies on institutional theory and the public policy field called for efforts to pry open the black box of institutional and policy change. This article offers a response to this call. It demo...
Limited access of entrepreneurs to credit constrains the creation and growth of private firms. In Africa, access to credit is particularly limited for small and medium enterprises (SMEs) due to unclea...
In the present paper we are going to examine texts by Werner Sombart and Friedrich von Wieser on entrepreneurship and the capitalist economy using an interdisciplinary approach focused on economics bu...
The information externality in entrepreneurship theory argues that the social benefits arising from entrepreneurial actions are greater than the private gains. Entrepreneurs who discover profit oppo...
By focusing on the economics of productive and unproductive entrepreneurship this paper explains venture capitalism in different institutional contexts, defined in terms of property rights and regul...
We examines how institutional and policy reforms affect the relationship between entreprene urship and growth. We perform Arellano - Bond GMM estimations on annual data (over the period 1990 - 2002) f...
We examine how entrepreneurship and institutional and policy reforms affect development (proxied by the rate of growth in per–capita inc ome). We do so by performing Arellano - Bond GMM estimations o...
By focusing on the economics of productive and unproductive entrepreneurship and in particular on the mix of entrepreneurial activities, this paper explains the role and the presence of venture capita...

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