Thomas Gries

TL;DR: In this paper, the authors test for causality between financial deepening, trade openness, and economic development for 16 sub-Saharan African countries and find that only limited support is found for the popular hypothesis of finance-led growth.

TL;DR: In this article, the authors use data from a developing country, South Africa, to empirically identify the determinants of start-up rates across different sub-national regions and in particular to investigate the role of access to finance on a regional (sub-national) level on start-ups.

TL;DR: In this article, the authors provide an endogenous growth model to illuminate the role of entrepreneurial start-up firms in structural economic transformation and show how opportunity-driven entrepreneurship can drive structural transformation through innovation, provision of intermediate inputs and services, and by increasing employment and productivity in both the modern and traditional sectors.

TL;DR: In this paper, the authors provide a formal model of entrepreneurship in human development, which is based on the capabilities approach (CA), and show that entrepreneurship can be a human functioning and can contribute towards expanding the set of human capabilities through being both a resource and a process.

TL;DR: This paper provided an endogenous growth model to illuminate the role of entrepreneurial start-up firms in structural economic transformation and showed how opportunity-driven entrepreneurship can drive structural transformation in both the modern and traditional sectors through innovation and the provision of intermediate inputs and services.