EconStor >
Max-Planck-Institut für Ökonomik, Jena >
Discussion Papers on Entrepreneurship, Growth and Public Policy, MPI für Ökonomik >

Please use this identifier to cite or link to this item:

http://hdl.handle.net/10419/24903
  
Title:The contribution of business ownership in bringing down unemployment in Japan PDF Logo
Authors:van Stel, André J.
Thurik, A. Roy
Verheul, Ingrid
Baljeu, Lendert
Issue Date:2006
Series/Report no.:Papers on entrepreneurship, growth and public policy 0506
Abstract:The relationship between entrepreneurship, measured by fluctuations in the business ownership rate, and unemployment in Japan is examined for the period 1972-2002. We conclude that, although Japan's unemployment rate has been influenced by different exogenous shocks as compared to other OECD countries, the effects of entrepreneurship on unemployment are not distinct. In the past small firms in Japan benefited from the protective environment of the keiretsu structure. This secure environment no longer exists, and a new market environment conducive to new venture creation and growth is not yet established. We argue that the Japanese government should actively stimulate an entrepreneurial culture.
Subjects:entrepreneurship
business ownership
unemployment
Japan
JEL:L11
M13
O53
Document Type:Working Paper
Appears in Collections:Discussion Papers on Entrepreneurship, Growth and Public Policy, MPI für Ökonomik

Files in This Item:
File Description SizeFormat
512256241.PDF389.82 kBAdobe PDF
No. of Downloads: Counter Stats
Download bibliographical data as: BibTeX
Share on:http://hdl.handle.net/10419/24903

Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.