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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)

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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Bibliographic 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;

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Cited by:
  1. Marcus Dejardin, 2011. "Linking net entry to regional economic growth," Small Business Economics, Springer, vol. 36(4), pages 443-460, May.
  2. Panagiotis E. Petrakis & Pantelis C. Kostis, 2013. "The Effects of Cultural Background and Knowledge Creation on Self-Employment and Entry Density Rates," Review of Economics & Finance, Better Advances Press, Canada, vol. 3, pages 18-32, May.
  3. Andrzej P. Dabkowski, 2011. "Entrepreneurship and Economic Growth: An Investigation into the Relationship between Entrepreneurship and Total Factor Productivity Growth in the EU," CASE Network Studies and Analyses 427, CASE-Center for Social and Economic Research.
  4. Mark Sanders, 2007. "Scientific Paradigms, Entrepreneurial Opportunities and Cycles in Economic Growth," Small Business Economics, Springer, vol. 28(4), pages 339-354, April.
  5. Kristina Nyström, 2009. "Entry, market turbulence and industry employment growth," Empirica, Springer, vol. 36(3), pages 293-308, August.
  6. 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.

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