What is the value of entrepreneurship?: a review of recent research

This paper examines to what extent recent empirical evidence can collectively and systematically substantiate the claim that entrepreneurship has important economic value. Hence, a systematic review is provided that answers the question: What is the contribution of entrepreneurs to the economy in comparison to non-entrepreneurs? We study the relative contribution of entrepreneurs to the economy based on four measures that have most widely been studied empirically. Hence, we answer the question: What is the contribution of entrepreneurs to (i) employment generation and dynamics, (ii) innovation, and (iii) productivity and growth, relative to the contributions of the entrepreneurs counterparts, i.e. the control group? A fourth type of contribution studied is the role of entrepreneurship in increasing individuals utility levels. Based on 57 recent studies of high quality that contain 87 relevant separate analyses, we conclude that entrepreneurs have a very important but specific function in the economy. They engender relatively much employment creation, productivity growth and produce and commercialize high quality innovations. They are more satisfied than employees. More importantly, recent studies show that entrepreneurial firms produce important spillovers that affect regional employment growth rates of all companies in the region in the long run. However, the counterparts cannot be missed either as they account for a relatively high value of GDP, a less volatile and more secure labor market, higher paid jobs and a greater number of innovations and they have a more active role in the adoption of innovations

Mudanças religiosas e dinâmicas demográficas: mais além da teoria da secularização. O caso do catolicismo na cidade de Córdoba, Argentina

Este artículo explora críticamente las explicaciones de las dinámicas religiosas en Argentina basadas en la Teoría de la Secularización (TdS). La mayoría de sus referentes usa como variable independiente las relaciones político-institucionales; por eso, la TdS explica lo que sucede con la dirigencia de la institución y las organizaciones intermedias. Esta investigación recoge datos directos de los registros de bautismos durante un siglo en la ciudad de Córdoba (Argentina) y los compara con la tasa de natalidad. Este análisis muestra que eluso de variables político-institucionales no explica adecuadamente lo que sucede con las dinámicas religiosas, medidas en bautismos. La hipótesis propuesta es que las transformaciones religiosas se entienden mejor cuando se aplican variables demográficas.his article critically explores the explanations of religious dynamics in Argentina based on Secularization Theory (TdS). Most scholarship uses political-institutional relations as an independent variable; therefore, TdS focuses on what takes place within the leadership of the institution and intermediate organizations. This research collects data directly from a century of baptism records in the city of Córdoba (Argentina) and compares it with the city’s birth rate. This analysis shows that the use of political-institutional variables fails to adequately explain religious dynamics, as measured in baptisms. The proposed hypothesis is that religious transformations are better understood when demographic variables are applied.Este artigo explora criticamente as explicações das dinâmicas religiosas na Argentina baseadas na Teoria da Secularização (TdS). A maioria de seus referentes usa as relações político-institucionais como variável independente; por isso, a TdS explica o que acontece com a direção da instituição e das organizações intermediárias. Esta pesquisa recolhe dados diretos dos registros de batismos durante um século na cidade de Córdoba (Argentina) e os compara com a taxa de natalidade. Essa análise mostra que o uso de variáveis político-institucionais não explica adequadamente o que acontece com as dinâmicas religiosas, medidas em batismos. A hipótese proposta é que as transformações religiosas são melhor entendidas quando variáveis demográficas são aplicadas.Fil: Morello SJ, Gustavo. Boston College; Estados UnidosFil: Rabbia, Hugo Hernán. Universidad Nacional de Córdoba. Instituto de Investigaciones Psicológicas. - Consejo Nacional de Investigaciones Científicas y Técnicas. Centro Científico Tecnológico Conicet - Córdoba. Instituto de Investigaciones Psicológicas; Argentina. Universidad Católica de Córdoba. Facultad de Ciencias Politicas y Relaciones Internacionales; Argentin

Convergences with Schumpeter: An essay Hirschman has yet to write

The paper explores the contributions of Joseph Schumpeter and Albert Hirschman to our understanding of the dynamics of modern democratic capitalist economies and suggests that much of their respective work displays intellectual overlap and complementarity. It is primarily focused upon the role of economic and political processes as forces of change and adjustment and the necessary degree of built-in inertia required to permit orderly rather than chaotic responses.Schumpeterian themes and commonalities - Production - Consumption - Endogenous dynamics - Inertia - Capitalism, socialism and democracy

Death penalty: the political foundations of the global trend toward abolition

The death penalty is like no other punishment. Its continued existence in many countries of the world creates political tensions within these countries and between governments of retentionist and abolitionist countries. After the Second World War, more and more countries have abolished the death penalty. This article argues that the major determinants of this global trend toward abolition are political, a claim which receives support in a quantitative cross-national analysis from 1950 to 2002. Democracy, democratization, international political pressure on retentionist countries and peer group effects in relatively abolitionist regions all raise the likelihood of abolition. There is also a partisan effect as abolition becomes more likely if the chief executive’s party is left-wing oriented. Cultural, social and economic determinants receive only limited support. The global trend toward abolition will go on if democracy continues to spread around the world and abolitionist countries stand by their commitment to press for abolition all over the world.