The Economics of Entrepreneurship: What We Know and What We Don't
AbstractThis introductory, non-technical, article offers a reflective overview of what Economics adds to our understanding of entrepreneurship. It is designed primarily to showcase to young entrepreneurship scholars several interesting research questions and a toolbox of methods to answer them. First, I will illustrate the kinds of questions that can be posed and answered using Economics. Then I will present and discuss a selective list of "canonical" theoretical and empirical models that form the intellectual bedrock of the Economics of Entrepreneurship. After that, I present and discuss some well-established theoretical contributions and empirical findings that have been generated by the approach. I conclude by discussing aspects of "What we don't know" and should. This part of the article identifies several ideal future trends in research that build on and complement the foundations of entrepreneurship that are delineated in the main body of the article.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoPaper provided by Max Planck Institute of Economics, Entrepreneurship, Growth and Public Policy Group in its series Papers on Entrepreneurship, Growth and Public Policy with number 2005-18.
Length: 66 pages
Date of creation:
Date of revision:
This paper has been announced in the following NEP Reports:
- NEP-ALL-2005-06-19 (All new papers)
- NEP-BEC-2005-06-19 (Business Economics)
- NEP-ENT-2005-06-19 (Entrepreneurship)
- NEP-HIS-2005-06-19 (Business, Economic & Financial History)
- NEP-HPE-2005-06-19 (History & Philosophy of Economics)
- NEP-INO-2005-06-19 (Innovation)
- NEP-TID-2005-06-19 (Technology & Industrial Dynamics)
You can help add them by filling out this form.
CitEc Project, subscribe to its RSS feed for this item.
- Block, Joern & Kohn, Karsten, 2011.
"Sozialpolitische Ziele der Gründungsförderung am Beispiel von Gründungen aus der Arbeitslosigkeit
[Social policy as a motivation for start-up subsidies: supporting start-ups out of unemployment]," MPRA Paper 30775, University Library of Munich, Germany.
- Nikolaj Malchow-Møller & James Markusen & Jan Skaksen, 2010. "Labour market institutions, learning and self-employment," Small Business Economics, Springer, vol. 35(1), pages 35-52, July.
- Dirk Clercq & Jolanda Hessels & André Stel, 2008. "Knowledge spillovers and new ventures’ export orientation," Small Business Economics, Springer, vol. 31(3), pages 283-303, October.
- Berthold, Norbert & Kullas, Matthias & Neumann, Michael, 2007. "Motivatoren und Demotivatoren für Unternehmer im deutschen Maschinen- und Anlagenbau," Wirtschaftswissenschaftliche BeitrÃ¤ge 98, Julius-Maximilians-Universität Würzburg, Lehrstuhl für Volkswirtschaftslehre, insbes. Wirtschaftsordnung und Sozialpolitik.
- Leitão, João & Ferreira, João, 2007. "Liberalization of European Telecommunications and Entrepreneurship: Why German and Portuguese Experiences are so Equal and so Different?," MPRA Paper 5728, University Library of Munich, Germany.
- Julie Elston & David Audretsch, 2011. "Financing the entrepreneurial decision: an empirical approach using experimental data on risk attitudes," Small Business Economics, Springer, vol. 36(2), pages 209-222, February.
- Mirjam van Praag & Andre van Stel, 2011. "The More Business Owners the Merrier? The Role of Tertiary Education," Tinbergen Institute Discussion Papers 11-067/3, Tinbergen Institute.
- Démurger, Sylvie & Xu, Hui, 2011.
"Return Migrants: The Rise of New Entrepreneurs in Rural China,"
Elsevier, vol. 39(10), pages 1847-1861.
- Sylvie Démurger & Hui Xu, 2010. "Return migrants: The rise of new entrepreneurs in rural China," Working Papers 1008, Groupe d'Analyse et de Théorie Economique (GATE), Centre national de la recherche scientifique (CNRS), Université Lyon 2, Ecole Normale Supérieure.
- Sylvie Démurger & Hui Xu, 2011. "Return migrants : The rise of new entrepreneurs in rural China," Post-Print halshs-00627732, HAL.
- Sylvie Démurger & Hui Xu, 2010. "Return migrants : The rise of new entrepreneurs in rural China," Post-Print halshs-00477241, HAL.
- Leitão, João & Franco, Mário, 2008. "Individual Entrepreneurship Capacity and Performance of SMEs," MPRA Paper 8179, University Library of Munich, Germany, revised 09 Apr 2008.
- Landström, Hans & Harirchi, Gouya & Åström, Fredrik, 2012. "Entrepreneurship: Exploring the knowledge base," Research Policy, Elsevier, vol. 41(7), pages 1154-1181.
- Siyanbola, Willie O. & Afolabi, Oladele O. & Jesuleye, Olalekan A. & Egbetokun, Abiodun A. & Dada, Abolaji D. & Aderemi, Helen O. & Sanni, Maruf & Razak, Muhammed, 2009. "Determinants of entrepreneurial propensity of Nigerian undergraduates: an empirical assessment," MPRA Paper 35797, University Library of Munich, Germany, revised 2010.
- Demirguc-Kunt, Asli & Klapper, Leora F. & Panos, Georgios A., 2009. "Entrepreneurship in post-conflict transition : the role of informality and access to finance," Policy Research Working Paper Series 4935, The World Bank.
- Aloysius Gunadi, Brata, 2007. "Spatial Concentration of the Informal Small and Cottage Industry in Indonesia," MPRA Paper 12622, University Library of Munich, Germany, revised 2008.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Kerstin SchÃ¼ck).
If references are entirely missing, you can add them using this form.