nep-ent New Economics Papers
on Entrepreneurship
Issue of 2024‒05‒13
seven papers chosen by
Marcus Dejardin, Université de Namur

  1. Is the Scholarly Field of Entrepreneurship at Its End? By Naudé, Wim
  2. Does gender of firm ownership matter? Female entrepreneurs and the gender pay gap By Kritikos, Alexander S.; Maliranta, Mika; Nippala, Veera; Nurmi, Satu
  3. Gender wage inequality and women’s self-employment By Magdalena Smyk; Siri Terjesen; Joanna Tyrowicz
  4. Self-Employment among In-Movers and Stayers in Rural Areas: Insights from Swedish Register and Survey Data By Aldén, Lina; Hammarstedt, Mats; Skedinger, Per
  5. Productivity, Innovation and R&D By Richard A. L. Jones
  6. Strategic Dynamism, Internal Capabilities and Firm Performance By Arrighetti, Alessandro; Costa, Stefano; De Santis, Stefano; Landini, Fabio
  7. Financial Inclusion Challenges Faced by Rural Micro Businesses in Cuddalore District of India By Pazhanisamy, R.

  1. By: Naudé, Wim (RWTH Aachen University)
    Abstract: This paper presents tentative evidence from 68, 792 papers published between 1961 and 2020 that progress in the scholarly field of entrepreneurship is declining. It is found that the annual number of papers published in entrepreneurship has increased exponentially since the Second World War, growing on average by 17% annually since 1961; the average disruption score of papers have declined by a factor of 36 between the 1960s and the 2010s; and that the average team size per paper has increased from 1, 6 between 1960-1980 to 2, 4 between 2000 and 2020. Estimates from an ideas production function suggest that the field is getting fished out and that researchers are stepping on one another's toes. A Wald-test indicates that a structural break in the disruptiveness of entrepreneurship and business papers occurred around 1999. These results should not be taken as a negative evaluation: it may be a mark of the success of its scholars that the field is mature and degenerating. The remaining task facing the field of entrepreneurship may be how to confront its end.
    Keywords: entrepreneurship, business, science, disruption, innovation
    JEL: L26 O30 B40 J24
    Date: 2024–04
  2. By: Kritikos, Alexander S.; Maliranta, Mika; Nippala, Veera; Nurmi, Satu
    Abstract: We examine how the gender of business-owners is related to the wages paid to female relative to male employees working in their firms. Using Finnish register data and employing firm fixed effects, we find that the gender pay gap is - starting from a gender pay gap of 11 to 12 percent - two to three percentage-points lower for hourly wages in female-owned firms than in male-owned firms. Results are robust to how the wage is measured, as well as to various further robustness checks. More importantly, we find substantial differences between industries. While, for instance, in the manufacturing sector, the gender of the owner plays no role for the gender pay gap, in several service sector industries, like ICT or business services, no or a negligible gender pay gap can be found, but only when firms are led by female business owners. Businesses in male ownership maintain a gender pay gap of around 10 percent also in the latter industries. With increasing firm size, the influence of the gender of the owner, however, fades. In large firms, it seems that others - firm managers - determine wages and no differences in the pay gap are observed between male- and female-owned firms.
    Keywords: Entrepreneurship, Gender Pay Gap, Discrimination, Linked employer-employee data
    JEL: J16 J24 J31 J71 L26 M13
    Date: 2024
  3. By: Magdalena Smyk (Group for Research in Applied Economics (GRAPE); Warsaw School of Economics); Siri Terjesen (Florida Atlantic University; Norges Handelshøyskole (NHH)); Joanna Tyrowicz (Group for Research in Applied Economics (GRAPE); University of Warsaw; Institute of Labor Economics (IZA))
    Abstract: Theoretical literature on entrepreneurship hints that labor market inequality may constitute a relevant push factor for self-employment. Drawing on empirical confirmation, this insight is used in many policy recommendations. We propose a new approach to test and quantify the link between labor market inequality and self-employment of women. We provide a novel and rich data set labor market inequality for women, utilizing estimates of gender wage gaps specific for age and education group, comparable for 36 countries over ten years. We exploit rich and diverse international data on patterns of self-employment from the Global Entrepreneurship Monitor. Our results show that greater gender wage inequality is associated with higher prevalence of self-employment for both men and women. Relative to men, women are actually discouraged from self-employment, which is consistent with the notion that discriminative labor markets are typically signs of discriminative societies. We show that actually necessity self-employment is more rare form of self-employment in unequal societies, which is consistent with explanations stressing access to resources, networks and markets as relevant dimensions of gender inequality.
    Keywords: female entrepreneurship, gender wage gap, GEM
    JEL: J16 L26 D12
    Date: 2023
  4. By: Aldén, Lina (Linnaeus University); Hammarstedt, Mats (Linnaeus University); Skedinger, Per (Research Institute of Industrial Economics (IFN))
    Abstract: Our use of longitudinal register data combined with a unique survey allows us to offer a more comprehensive picture of rural self-employment than in previous studies. We find that self-employed in rural settings are more likely than those in metropolitan regions to employ others, but self-employment rates in rural areas are lower. There is substantial heterogeneity among the rural self-employed; in-movers are quite different from stayers in terms of their perceptions of the conditions necessary for business success and their employment practices. Policy initiatives aimed at fostering development in rural areas should consider these distinctions.
    Keywords: Self-Employment; Labor Mobility; Regional Development; Rural Economics
    JEL: J24 J61 R11
    Date: 2024–04–26
  5. By: Richard A. L. Jones (The University of Manchester)
    Keywords: Productivity, firm-level
    Date: 2023–11
  6. By: Arrighetti, Alessandro; Costa, Stefano; De Santis, Stefano; Landini, Fabio
    Abstract: The drivers of firm success in hyper-competitive markets have received growing attention by economic and management scholars. While earlier works paid particular attention to the analysis of firm strategic positioning in markets, most recent approaches emphasized the importance of internal capabilities. This paper combines these two views in a unified approach through a new conceptual construct, strategic dynamism, that we consider as “antecedent” of performance and “descendant” of capabilities. By using a large and unique survey carried out by the Italian Institute of Statistics we document that a) strategic dynamism explains performance differentials among firms, as captured by labor productivity growth and b) internal capabilities, measured as organizational and personnel capabilities, are important drivers of strategic dynamism. Managerial and policy implications are discussed.
    Keywords: strategy, capabilities, performance, , organizational capability, personnel capability
    JEL: D21 D22 J24
    Date: 2024
  7. By: Pazhanisamy, R.
    Abstract: Small and Micro Enterprises (SMEs) in India are facing many problems such as unable to access to low cost credit from the formal financial institutions, specifically banking and extend their product to the remote markets. Some factors restrict the access to the finance on the input side while others restrict the products and its market outreach on the others side blocks the micro enterprises growth and lead to the rural population to be interlocked in chronic underemployment underdevelopment. With regard to this there are a very few research attempts are only available to test and verify the implication and operations of the Economic theories that highlights these two side issues rationalize how they contribute for the long run credit gap in the rural economy. Particularly the literature on the credit rationing theory on the input side of the financial inclusion policies and the pecking order theory on the demand side of the finance and their inter relationship with other theories like theory of moral hazard, agency theory, and the theory of adverse selection etc. are not documented and tested at the gross root level for which this paper attempted fill this gap.
    Keywords: Challenges of Micro Businesses, Issues of Rural Micro Enterprises, Test of theoretical impact on micro businesses, challenges of rural business Management, Financial inclusion challenges in rural areas
    JEL: D21 E32 G53 L22 L98 M30
    Date: 2024

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