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Entrepreneurship and Economic Transition

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  • Ruta Aidis

    ()
    (University College London)

Abstract

Identification of the entrepreneur's economic function has engaged economistsfor more than 200 years. In this paper we address the issue of entrepreneurship intwo distinct ways: a) as it has historically developed within the field of economicsand b) as it develops in the transitional context. In contrast to advanced westerneconomies, productive entrepreneurship cannot be taken for granted in transitioncountries. Therefore we propose a working definition and model for productiveentrepreneurship for transition countries. By means of a literature survey, wefurther present the main characteristics of entrepreneurship in Central EasternEuropean and Former Soviet Union countries. Entrepreneurship in Lithuaniaseems to not fit neatly into these two categories and its specific situation ishighlighted.

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Bibliographic Info

Paper provided by Tinbergen Institute in its series Tinbergen Institute Discussion Papers with number 03-015/2.

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Date of creation: 27 Jan 2003
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Handle: RePEc:dgr:uvatin:20030015

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Web page: http://www.tinbergen.nl

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Keywords: Entrepreneurship; economics; transition economies;

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References

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  1. Francesca Pissarides & Miroslav Singer & Jan Svejnar, 2000. "Objectives and Constraints of Entrepreneurs: Evidence from Small and Medium Size Enterprises in Russia and Bulgaria," William Davidson Institute Working Papers Series 346, William Davidson Institute at the University of Michigan.
  2. Loasby, Brian J, 1982. "The Entrepreneur in Economic Theory," Scottish Journal of Political Economy, Scottish Economic Society, vol. 29(3), pages 0223, November.
  3. Aghion, P. & Howitt, P., 1989. "A Model Of Growth Through Creative Destruction," Working papers 527, Massachusetts Institute of Technology (MIT), Department of Economics.
  4. Timothy Frye & Andrei Shleifer, 1996. "The Invisible Hand and the Grabbing Hand," NBER Working Papers 5856, National Bureau of Economic Research, Inc.
  5. Gerrit de Wit & Niels Bosma & Mirjam van Praag, 2000. "Determinants of Successful Entrepreneurship," Scales Research Reports H200002, EIM Business and Policy Research.
  6. Baumol, William J, 1990. "Entrepreneurship: Productive, Unproductive, and Destructive," Journal of Political Economy, University of Chicago Press, vol. 98(5), pages 893-921, October.
  7. Paul Romer, 1989. "Endogenous Technological Change," NBER Working Papers 3210, National Bureau of Economic Research, Inc.
  8. Ken Roberts & Changcheng Zhou, 2000. "New Private Enterprises in Three Transitional Contexts: Central Europe, the Former Soviet Union and China," Post-Communist Economies, Taylor & Francis Journals, vol. 12(2), pages 187-199.
  9. Smallbone, David & Welter, Friederike, 2001. " The Distinctiveness of Entrepreneurship in Transition Economies," Small Business Economics, Springer, vol. 16(4), pages 249-62, June.
  10. David B. Audretsch & A. Roy Thurik, 2000. "Capitalism and democracy in the 21st Century: from the managed to the entrepreneurial economy," Journal of Evolutionary Economics, Springer, vol. 10(1), pages 17-34.
  11. Aghion, Philippe & Howitt, Peter, 1992. "A Model of Growth Through Creative Destruction," Scholarly Articles 12490578, Harvard University Department of Economics.
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Citations

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Cited by:
  1. Djula Borozan, 2009. "Enhancing Regional Competitiveness Through the Entrepreneurship Development," Interdisciplinary Management Research, Faculty of Economics in Osijek, Croatia, vol. 5, pages 731-747.
  2. Aidis, Ruta & Estrin, Saul, 2006. "Institutions, Networks and Entrepreneurship Development in Russia: An Exploration," IZA Discussion Papers 2161, Institute for the Study of Labor (IZA).
  3. Djula Borozan, 2007. "The Need For Entrepreneurhsip Development: The Case Of The City Of Osijek," JOURNAL STUDIA UNIVERSITATIS BABES-BOLYAI NEGOTIA, Babes-Bolyai University, Faculty of Business.
  4. Bojan Nastav & ҆tefan Bojnec, 2008. "Small Businesses and the Shadow Economy," Czech Journal of Economics and Finance (Finance a uver), Charles University Prague, Faculty of Social Sciences, vol. 58(01-02), pages 68-81, January.
  5. Estrin, Saul & Prevezer, Martha, 2010. "A survey on institutions and new firm entry: How and why do entry rates differ in emerging markets?," Economic Systems, Elsevier, vol. 34(3), pages 289-308, September.

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