This essay explains how and why entrepreneurship has made important contributions to economic and social life inmodern industrialized countries. The increased role of entrepreuneurship in general and small firms in particular has come with a number of benefits spanning a wide range of economic and social dimensions, but also with some new problems and challenges. We discuss the role of the knowledge-based economy as a cause to this transition and present some calculations about the consequences of this transition.
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Paper provided by NEUHUYS - RESEARCH INSTITUTE FOR SMALL AND MEDIUM in its series Papers with number
9801/e.
Find related papers by JEL classification: O0 - Economic Development, Technological Change, and Growth - - General J64 - Labor and Demographic Economics - - Mobility, Unemployment, and Vacancies - - - Unemployment: Models, Duration, Incidence, and Job Search
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Gelderen, A.M. van & Frese, M. & Thurik, A.R., 2000.
"Strategies, Uncertainty and Performance of Small Business Startups,"
Research Paper
ERS-2000-18-STR Revision_, Erasmus Research Institute of Management (ERIM), ERIM is the joint research institute of the Rotterdam School of Management, Erasmus University and the Erasmus School of Economics (ESE) at Erasmus Uni.
[Downloadable!]
Grilo, I. & Thurik, A.R., 2004.
"Determinants Of Entrepreneurship In Europe,"
Research Paper
ERS-2004-106-ORG Revision, Erasmus Research Institute of Management (ERIM), ERIM is the joint research institute of the Rotterdam School of Management, Erasmus University and the Erasmus School of Economics (ESE) at Erasmus Uni.
[Downloadable!]