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Is entrepreneurship necessarily good? Microeconomic evidence from developed and developing countries

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  • Marco Vivarelli

Abstract

The aim of this study is to provide a microeconomic investigation of the concept of entrepreneurship; in particular, the following issues will be discussed: (i) the alternative ways of looking at entrepreneurship, distinguishing "creative destruction" from simple "turbulence"; (ii) the different microeconomic determinants of new firm formation, distinguishing "progressive" from "regressive" drivers; (iii) the relationship between ex-ante characteristics (of the founder) and post-entry performance (of the new firm); and (iv) the possible scope for an economic policy aimed at maximizing the impact of entrepreneurship on economic growth. Where possible and appropriate, throughout the article, particular attention will be devoted to the specific features characterizing entrepreneurship in developing countries. Copyright 2013 The Author 2013. Published by Oxford University Press on behalf of Associazione ICC. All rights reserved., Oxford University Press.

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Article provided by Oxford University Press in its journal Industrial and Corporate Change.

Volume (Year): 22 (2013)
Issue (Month): 6 (December)
Pages: 1453-1495

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Handle: RePEc:oup:indcch:v:22:y:2013:i:6:p:1453-1495

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Cited by:
  1. Alessandra Colombelli & Francesco Quatraro, 2013. "New Firm Formation and the properties of local knowledge bases: Evidence from Italian NUTS 3 regions," Working Papers hal-00858989, HAL.
  2. Jolanda Hessels & Peter van der Zwan & Mark Sanders, 2013. "Entrepreneurial activity, industry orientation, and economic growth," Scales Research Reports H201307, EIM Business and Policy Research.

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