Entrepreneurs, creators of new firms, are a rare species. Even in innovation-driven economies, only 1–2% of the work force starts a business in any given year. Yet entrepreneurs, particularly innovative entrepreneurs, are vital to the competitiveness of the economy and may establish new jobs. The gains of entrepreneurship are only realized, however, if the business environment is receptive to innovation. ...
Greece cannot take on another decade of slow economic progress. Professor Alexander S. Kritikos in this article points out that the current economic break, as terrible as it also is for all economic life, is a second chance for Greece. Now is the time to break up structures and put the country on a new economic foundation. To make Greece more competitive and innovative, not only are investments needed ...
Wirtschaftsleistung und Produktivität sind in Deutschland regional sehr unterschiedlich verteilt. Insgesamt ist das Effi zienzniveau in Ballungszentren höher als in ländlichen Gebieten. Das gilt für Ostdeutschland wie für Westdeutschland. Ostdeutschland ist aber deutlich stärker ländlich geprägt als Westdeutschland. Dies ist ein wesentlicher Grund für die anhaltenden regionalen Produktivitätsunterschiede ...
Investigating how non-cognitive skills—captured by traits—influence entrepreneurial behaviour helps understand why some individuals are more likely to become and remain entrepreneurs. This chapter reviews research on the relationship between personality traits and entrepreneurship. With respect to the entry decision, research finds that high scores in three of the Big Five factors (openness to experience, ...