Saul Estrin

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    Why is there so little foreign direct investment in the Western Balkans?

Why is there so little foreign direct investment in the Western Balkans?

Western Balkans, by Olahus, own work, under a CC BY-SA 3.0 licence, via Wikimedia Commons
It is now more than quarter of a century since the demise of socialist economies in Europe was put in motion by the fall of the Berlin Wall. In many parts of Central and Eastern Europe, the transition from socialist planning to market capitalism is all but […]

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    In some countries, state firms pursue politics more than profits

In some countries, state firms pursue politics more than profits

The global sources of foreign direct investment are changing, and state-owned enterprises (SOEs) are an increasingly large proportion of the pool of available global capital. In 2013, SOEs invested $US160 billion internationally, representing 11 per cent of global foreign direct investment flows, despite making up one per cent of total multinational corporations. SOEs also dominate cross-border mergers and acquisitions: […]

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    Crowdfunding solves market failures in new venture financing

Crowdfunding solves market failures in new venture financing

Entrepreneurship is essential for economic growth and employment creation. Yet despite its key role in the economy, entrepreneurs find it hard to access the financing they need to start and expand their businesses. Lack of funding is perennially identified as a major constraint on new venture growth. Moreover, traditional venture capital markets have been criticised for not being inclusive […]

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    Women CEOs in social enterprises earn 29% less than their male counterparts

Women CEOs in social enterprises earn 29% less than their male counterparts

Gender differences in pay are ubiquitous at all organisational levels including at the top. Entrepreneurship is hailed as one way for women to circumvent organizational norms and discrimination, because as CEOs of their own organizations, entrepreneurs largely determine their own pay. Moreover, social entrepreneurship may be a particularly gender-blind occupational choice; evidence indicates that women are more likely to start a social […]