Relating entrepreneurship to economic growth
AbstractThe 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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Bibliographic InfoPaper 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.
Length: 27 pages
Date of creation: 24 Nov 2004
Date of revision:
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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
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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; Research and Development; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
- O40 - Economic Development, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - General
This paper has been announced in the following NEP Reports:
- NEP-ALL-2004-12-02 (All new papers)
- NEP-DEV-2004-12-02 (Development)
- NEP-ENT-2004-12-02 (Entrepreneurship)
- NEP-INO-2004-12-02 (Innovation)
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