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Entrepreneurship, Innovation, and Economic Development


  • Szirmai, Adam
    (Professorial Fellow UNU-MERIT, Maastricht, The Netherlands)

  • Naude, Wim
    (Maastricht School of Management)

  • Goedhuys, Micheline
    (Research Fellow, UNU-MERIT, Maastricht, The Netherlands)


Entrepreneurship and innovation are two of the most pervasive concepts of our times, yet there are still gaps in our understanding of the interactions between entrepreneurship and innovation, particularly in developing countries. This book is an attempt to fill this gap. It focuses on the entrepreneurship-innovation-development nexus, drawing heavily on empirical evidence from developing countries. Cross-country and individual country experiences cover nations as diverse as Ethiopia, India, Turkey, Vietnam, and also examine lessons from advanced economies such as Finland. Three sets of questions are addressed. What is the impact of entrepreneurship and innovation on growth and development? What determines the innovative performance of entrepreneurs in developing countries? What role does the institutional environment play in shaping the extent and impact of innovative activities? A key message is that entrepreneurial innovation, whether through small firms, large national firms, or multinational firms, is often vibrant in developing countries, but does not always realise its full potential. This is due to institutional constraints, the absence of the appropriate mix of different types of small and large and domestic and foreign firms, and insufficiently developed firm capabilities. The contributions provide a better understanding of the determinants and impacts of innovation in developing countries and the policies and institutions that support or hinder innovation. Contributors to this volume - Adam Szirmai, UNU-MERIT and Maastricht University Wim Naude, UNU-WIDER Micheline Goedhuys, UNU-MERIT and Maastricht University David B. Audretsch, Indiana University Mark Sanders, Utrecht University Alice H. Amsden, Massachusetts Institute of Technology Erik Stam, Utrecht University Andre van Stel, University of Amsterdam. Jaap Voeten, University of Tilburg Job de Haan, University of Tilburg Gerard de Groot, University of Tilburg Mulu Gebreeyesus, UNU-MERIT Elif Bascavusoglu-Moreau, Imperial College Business School Otto Toivanen, Helsinki School of Economics Sunil Mani, Centre for Development Studies, Trivandrum, Kerala I. Semih Akcomak, UNU-MERIT, Maastricht University Suma Athreye, Brunel University

Suggested Citation

  • Szirmai, Adam & Naude, Wim & Goedhuys, Micheline (ed.), 2011. "Entrepreneurship, Innovation, and Economic Development," OUP Catalogue, Oxford University Press, number 9780199596515.
  • Handle: RePEc:oxp:obooks:9780199596515

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    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.

    Cited by:

    1. Jocelyn Olivari, 2016. "Entrepreneurial traits and firm innovation," Eurasian Business Review, Springer;Eurasia Business and Economics Society, vol. 6(3), pages 339-360, December.
    2. repec:krk:eberjl:v:4:y:2016:i:3:p:57-72 is not listed on IDEAS
    3. Djula Borozan & Josip Arneric & Ilija Coric, 0. "A comparative study of net entrepreneurial productivity in developed and post-transition economies," International Entrepreneurship and Management Journal, Springer, vol. 0, pages 1-26.
    4. Wim Naudé, 2011. "Foreign Aid for Innovation: The Missing Ingredient in Private Sector Development?," Working Papers 2011/35, Maastricht School of Management.
    5. Gries Thomas & Naude Wim, 2011. "Entrepreneurship, Structural Change and a Global Economic Crisis," Entrepreneurship Research Journal, De Gruyter, vol. 1(3), pages 1-43, July.
    6. repec:cpn:umkeip:v:16:y:2017:i:3:p:245-258 is not listed on IDEAS
    7. Calza, Elisa & Goedhuys, Micheline, 2016. "Entrepreneurial heterogeneity and the design of entrepreneurship policies for economic growth and inclusive development," MERIT Working Papers 043, United Nations University - Maastricht Economic and Social Research Institute on Innovation and Technology (MERIT).
    8. repec:wsi:ijitmx:v:14:y:2017:i:04:n:s0219877017500146 is not listed on IDEAS
    9. J.J. Voeten & W.A. Naudé, 2014. "Regulating the negative externalities of enterprise cluster innovations: lessons from Vietnam," Innovation and Development, Taylor & Francis Journals, vol. 4(2), pages 203-219, October.
    10. Aimée Hampel-Milagrosa & Markus Loewe & Caroline Reeg, 2014. "Which Factors Determine the Upgrading of Small and Medium-Sized Enterprises (SMEs)? Evidence Egypt, India and the Philippines," Working Papers 866, Economic Research Forum, revised Nov 2014.
    11. André van Stel & J. Cieslik Cieslik, 2014. "Trends in Business Ownership in Central and East European Transition Economies," Scales Research Reports H201202, EIM Business and Policy Research.
    12. repec:spr:intemj:v:13:y:2017:i:3:d:10.1007_s11365-016-0427-2 is not listed on IDEAS
    13. Ewa Badzińska, 2015. "Innovative Ict Solutions Of Knowledge-Based Enterprises – A Case Study," Economy & Business Journal, International Scientific Publications, Bulgaria, vol. 9(1), pages 391-398.
    14. Ana-Maria Grigore & Irina-Maria Dragan, 2015. "Entrepreneurship and its Economical Value in a very Dynamic Business Environment," The AMFITEATRU ECONOMIC journal, Academy of Economic Studies - Bucharest, Romania, vol. 17(38), pages 120-120, February.
    15. Chiraz Feki & Sirine Mnif, 2016. "Entrepreneurship, Technological Innovation, and Economic Growth: Empirical Analysis of Panel Data," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 7(4), pages 984-999, December.
    16. Hassan Arouri & Adel Ben Youssef & Francesco Quatraro, 2016. "Entry, exit and net job creation in Tunisia: an exploratory analysis," Eurasian Business Review, Springer;Eurasia Business and Economics Society, vol. 6(3), pages 323-337, December.
    17. repec:fan:rissri:v:html10.3280/riss2017-001012 is not listed on IDEAS
    18. Lee, Seung-Hyun & Peng, Mike W. & Song, Sangcheol, 2013. "Governments, entrepreneurs, and positive externalities: A real options perspective," European Management Journal, Elsevier, vol. 31(4), pages 333-347.
    19. Pejić Bach Mirjana & Merkač Skok Marjana & Suša Dalia, 2016. "Determinants of Entrepreneurial Intentions in ICT Industry: Gender and country of origin perspective," Naše gospodarstvo/Our economy, Sciendo, vol. 62(1), pages 37-45, March.
    20. repec:pal:eurjdr:v:29:y:2017:i:2:d:10.1057_s41287-016-0010-2 is not listed on IDEAS

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