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Relating entrepreneurship to economic growth

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Author Info
Karlsson, Charlie () (CESIS - Centre of Excellence for Science and Innovation Studies, Royal Institute of Technology)
Friis, Christian () (CESIS - Centre of Excellence for Science and Innovation Studies, Royal Institute of Technology)
Paulsson, Thomas () (CESIS - Centre of Excellence for Science and Innovation Studies, Royal Institute of Technology)

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Abstract

The entrepreneur is an elusive character in economic theory due to the difficulty of providing an accurate description. It appears impossible to produce a single definition of entrepreneurship and most theoretical approaches yield operational difficulties. By the same token, most operational definitions are incomplete and cover only single parts of the concept. Numerous empirical studies have examined the effects of entrepreneurship, but few studies have been undertaken in order to summarise the empirical evidence and synthesize the theoretical framework and the empirical results. The objective of this paper is to provide a critical overview of recent empirical research on the relationship between entrepreneurship and economic growth.

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Publisher Info
Paper provided by Royal Institute of Technology, CESIS - Centre of Excellence for Science and Innovation Studies in its series Working Paper Series in Economics and Institutions of Innovation with number 13.

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Length: 27 pages
Date of creation: 24 Nov 2004
Date of revision:
Handle: RePEc:hhs:cesisp:0013

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Postal: CESIS - Centre of Excellence for Science and Innovation Studies, Royal Institute of Technology, SE-100 44 Stockholm, Sweden
Phone: +46 8 790 95 63
Web page: http://www.infra.kth.se/cesis/
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Related research
Keywords: Economic Growth; Innovation; Competition; Start-ups; Entrepreneurship;

Find related papers by JEL classification:
L10 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - General
M13 - Business Administration and Business Economics; Marketing; Accounting - - Business Administration - - - New Firms; Startups
O31 - Economic Development, Technological Change, and Growth - - Technological Change - - - Innovation and Invention: Processes and Incentives
O40 - Economic Development, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - General

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Cited by:
(explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)
  1. Mark Sanders, 2007. "Scientific Paradigms, Entrepreneurial Opportunities and Cycles in Economic Growth," Small Business Economics, Springer, vol. 28(4), pages 339-354, April. [Downloadable!] (restricted)
  2. Massón Guerra, José Luis, 2007. "El capital empresarial como determinante de la productividad y el crecimiento en España
    [The Impact of Entrepreneurship Capital on Spanish's Labor Productivity and Economic Growth]
    ," MPRA Paper 4073, University Library of Munich, Germany. [Downloadable!]
  3. Kristina Nyström, 2009. "Entry, market turbulence and industry employment growth," Empirica, Springer, vol. 36(3), pages 293-308, August. [Downloadable!] (restricted)
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