Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/19954 
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dc.contributor.authorvan Acht, Joosten
dc.contributor.authorStam, Joopen
dc.contributor.authorThurik, A. Royen
dc.contributor.authorVerheul, Ingriden
dc.date.accessioned2009-01-28T16:09:51Z-
dc.date.available2009-01-28T16:09:51Z-
dc.date.issued2004-
dc.identifier.urihttp://hdl.handle.net/10419/19954-
dc.description.abstractThe influence of industrial structure, more specifically of business ownership, is investigated on the level of unemployment in Japan. The question is to what extent business ownership, i.e., entrepreneurship, can reduce the level of unemployment. It will be concluded that Japan is hardly an outlier when using a simple model of the relationship between unemployment and the rate of business ownership. The model is calibrated using recent data of 23 OECD countries. It shows a minor underestimation of the rise in unemployment in Japan in the period 1984-2002. Arguments are brought forward why this might be the case. We argue that small firms in Japan have benefitted in the past from the protective environment of the keiretsu structure. In the current process of industrial restructuring, keiretsu support is dissipating, but has not yet been adequatly replaced with a market environment conducive to the establishment and growth of entrepreneurial firms. The underestimation of the rise in unemployment is a reflection of the limited access of small firms to the market in Japan.en
dc.language.isoengen
dc.publisher|aMax Planck Institute for Research into Economic Systems |cJenaen
dc.relation.ispartofseries|aPapers on Entrepreneurship, Growth and Public Policy |x0904en
dc.subject.jelL50en
dc.subject.jelO30en
dc.subject.jelO10en
dc.subject.jelL16en
dc.subject.jelM13en
dc.subject.jelE24en
dc.subject.ddc330en
dc.subject.keywordentrepreneurshipen
dc.subject.keywordbusiness ownershipen
dc.subject.keywordunemploymenten
dc.subject.keywordeconomic growthen
dc.subject.keywordJapanen
dc.subject.stwUnternehmenen
dc.subject.stwEigentümerstrukturen
dc.subject.stwArbeitslosigkeiten
dc.subject.stwJapanen
dc.titleBusiness Ownership and Unemployment in Japan-
dc.typeWorking Paperen
dc.identifier.ppn38492557Xen
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen

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