Two Entrepreneurship Papers

20 August 2007 at 10:52 am Leave a comment

| Peter Klein |

  • “International Financial Integration and Entrepreneurial Firm Activity” by Laura Alfaro and Andrew Charlton. Evidence from a large cross-country dataset establishes a strong correlation between entrepreneurial activity (what I call “structural entrepreneurship,” the proportion of new and small firms to total firms) and various measures of international financial integration. Suggests that international capital flows are good for economic growth (take that, neo-mercantilists!). See Maury Obstfeld’s 1998 JEP paper for some background.
  • “Charles Le Maistre: Entrepreneur in International Standardization” by JoAnne Yates and Craig Murphy. Le Maistre was a pioneer of voluntary, international cooperation on technical standards. Summarizing Le Maistre’s accomplishments, Yates and Murphy argue that “industrial standardization, usually thought of as a staid field that limits, rather than promotes, innovation, is populated by multiple individuals who can be seen as entrepreneurs of standardization, either in a particular technical arena or on a broader, organizational level. “

Entry filed under: - Klein -, Entrepreneurship, Institutions.

Entrepreneurship, Arbitrage, and Capital David Laidler

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