Using data from the Census Bureau that tracks all employers in the whole U.S. private sector economy, the authors examine the impact of externalities, as measured by entrepreneurial activity, on employment growth in Local Market Areas.
The paper deals with the distinction between the models of the managed and entrepreneurial economies. It explains why the model of the entrepreneurial economy may be a better frame of
reference than the model of the managed economy in the contemporary, developed economies.
The paper reexamines the effect of expansionary fiscal policy on real GDP in the presence of entrepreneurship, which is defined as firms activities to predict and adapt to changes in consumers tastes.
The authors analyze the interplay of policy reform and entrepreneurship in a model where investment decisions and policy outcomes are both subject to uncertainty. Findings indicate that institutional reforms work best in settings where entrepreneurial activity is weak, while it is likely to produce disappointing outcomes where the cost discovery process is vibrant.
The paper examines how Sweden and the United States have been impacted by philanthropic activities, commercialization of university-based knowledge and international entrepreneurship.
From the May 2004 Minneapolis Fedgazette, the article looks at the institutional and cultural barriers of the past that women entrepreneurs have had to overcome through a showcase of examples.
From the May 2004 Minneapolis Fedgazette, the article explores gender differences in style, motivation, and expectations of business. Lifestyle is cited as a major factor for women becoming entrepreneurs.
From the May 2004 Minneapolis Fedgazette, the article explores the growth rate of women-owned businesses within the past decade and its effect on the economy.
The report from the European Commission looks at successful approaches for building an entrepreneurial culture. The report indicates the most effective strategies for building entrepreneurial cultures start early in primary and secondary education. Also offered are 21 examples of good practices from across Europe with detailed summaries of each example.
The study finds that entrepreneurial households save more out of their family income, even when investment in business assets are excluded from the saving rate definition. The author does not find support for the hypothesis that business owner households have higher rates of wealth increase.