Entrepreneurship in an Alpine micro-nation: The case of Liechtenstein
MetadataShow full item record
Although it is one of the smallest nation-states in existence, the Principality of Liechtenstein has one of the highest rates of entrepreneurship in the developed world. More than 14% of the population is self-employed or works in their own firm, and there are more than 4,000 businesses in a population of just 35,000 people, even though the country has few natural resources or advantages. This article examines how such a micro-nation has succeeded in spite of its disadvantages. The paper outlines the history of the principality and its economic development over the last century, identifies the main drivers for the very positive entrepreneurial climate in the Alpine micro-nation, and outlines current opportunities and problems faced by entrepreneurs in the country.
Showing items related by title, author, creator and subject.
The general theory of culture, entrepreneurship, innovation, and quality-of-life: Comparing nurturing versus thwarting enterprise start-ups in BRIC, Denmark, Germany, and the United StatesWoodside, Arch; Bernal, P.; Coduras, A. (2016)This study examines influences on quality-of-life of national cultures as complex wholes and entrepreneurship activities in Brazil, Russia, India, China, Germany, and the United States (the six focal nations) plus Denmark ...
Leong, Susan (2015)The objective of this article is to flesh out the theoretical framework of franchise nation first broached in 2009 as a means of understanding the three intersecting relationships between home nation and diaspora, host ...
Sub-national level of participation in international environmental cooperation: the role of Shiga Prefecture for Lake Biwa environment in JapanTakao, Yasuo (2013)From a state-centric view, sub-national level of participation at the international level can be only feasible if it is an active part of national policy. In the case of Shiga prefectural government’s initiative for ...