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The Entrepreneurial Ecosystem and Global Prosperity

In: Global Entrepreneurship and Development Index 2018

Author

Listed:
  • Zoltán J. Ács

    (George Mason University)

  • László Szerb

    (University of Pécs)

  • Esteban Lafuente

    (Universitat Politècnica de Catalunya, (UPC Barcelona Tech) EPSEB)

  • Ainsley Lloyd

    (The Global Entrepreneurship and Development Institute)

Abstract

While a focus on the entrepreneurial ecosystem may seem a novel approach to development, it is consistent with and even complementary to older, more traditional development strategies. As developing economies move from centralized economies to market economies, enterprise and entrepreneurship become important. “The emerging world, long a source of cheap labor, now rivals developed countries for business innovation. Developing countries are becoming hotbeds of business innovation in much the same way as Japan did from the 1950s onwards.”

Suggested Citation

  • Zoltán J. Ács & László Szerb & Esteban Lafuente & Ainsley Lloyd, 2018. "The Entrepreneurial Ecosystem and Global Prosperity," SpringerBriefs in Economics, in: Global Entrepreneurship and Development Index 2018, chapter 0, pages 11-19, Springer.
    • Handle: RePEc:spr:spbchp:978-3-030-03279-1_2
    DOI: 10.1007/978-3-030-03279-1_2
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    Cited by:

    1. Gérard Desmaison, 2019. "Des risques psycho-sociaux a la qualité de vie au travail : un changement systémique est-il possible ?," Post-Print hal-03418346, HAL.
    2. Gérard Desmaison, 2019. "Réconcilier radicalement et durablement l'économique et l'humain dans les entreprises," Post-Print hal-03418345, HAL.
    3. Nina Schumacher, 2022. "CAN BUSINESS MODEL COMPONENTS EXPLAIN DIGITAL START-UP SUCCESS? A Qualitative Analysis of the Business Models of Start-ups from the Perspective of German Venture Investors," Economic Thought and Practice, Department of Economics and Business, University of Dubrovnik, vol. 31(1), pages 81-98, june.

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