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Theories of Growth, Innovation, and Entrepreneurship

In: Unleashing Society’s Innovative Capacity

Author

Listed:
  • Pontus Braunerhjelm

    (Swedish Entrepreneurship Forum)

  • Magnus Henrekson

    (Research Institute of Industrial Economics (IFN))

Abstract

One of the most important—and most difficult—areas of research in economics concerns the mechanisms that cause higher growth and increased prosperity. Economists base their work on theoretical models that are expected to capture the complex relationships of real-world behavior. Policy conclusions are then derived from these simplified models. However, if a model is based on incorrect or over-simplified assumptions, these conclusions will likely prove to be just as flawed.

Suggested Citation

  • Pontus Braunerhjelm & Magnus Henrekson, 2024. "Theories of Growth, Innovation, and Entrepreneurship," International Studies in Entrepreneurship, in: Unleashing Society’s Innovative Capacity, chapter 0, pages 29-64, Springer.
  • Handle: RePEc:spr:inschp:978-3-031-42756-5_2
    DOI: 10.1007/978-3-031-42756-5_2
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