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Going for Growth; a Theoretical and Policy Framework

  • Nijkamp, Peter

    (Free University Amsterdam)

  • van Hemert, Patricia


    (Free University Amsterdam)

This paper introduces scenario planning as a tool to explore plausible developments for SMEs in the Netherlands until 2040. Globalization has resulted in the emergence of an increasingly borderless society with greater unrestricted movement of information, travel, and currency between countries. As policy and technological developments in the past few decades have spurred increases in cross-border trade, investment, and migration, new policy approaches in the economic, political, environmental, and social sphere will be necessary. On the national level, SMEs are acknowledged to play an important role in the economy serving as agent of change by their entrepreneurial activity, being the source of considerable innovative activity, stimulating industry evolution and creating an important share of the newly generated jobs. Entrepreneurship should therefore be promoted, but on a national level, since global development takes places in stages. Government policy, it is believed, can play a considerable role in facilitating entrepreneurship on a national scale. There is however great uncertainty on the scale of future bottlenecks and the economic conditions under which SMEs will need to develop. Scenarios can help map out possible changes and what effect they may have on national welfare.

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Paper provided by Economic and Social Research Institute (ESRI) in its series Papers with number DYNREG14.

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Length: 30 pages
Date of creation: 2007
Date of revision:
Handle: RePEc:esr:wpaper:dynreg14
Note: DYNREG Research Project – Dynamic Regions in a Knowledge-Driven Global Economy: Lessons and Policy Implications for the European Union
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  1. Wennekers, Sander & Thurik, Roy, 1999. "Linking Entrepreneurship and Economic Growth," Small Business Economics, Springer, vol. 13(1), pages 27-55, August.
  2. Peter Nijkamp, 2003. "Entrepreneurship in a Modern Network Economy," Regional Studies, Taylor & Francis Journals, vol. 37(4), pages 395-405.
  3. Phillip L Swagel & Matthew J. Slaughter, 1997. "The Effect of Globalization on Wages in the Advanced Economies," IMF Working Papers 97/43, International Monetary Fund.
  4. Audretsch, David B & Feldman, Maryann P, 1996. "R&D Spillovers and the Geography of Innovation and Production," American Economic Review, American Economic Association, vol. 86(3), pages 630-40, June.
  5. Paul R Masson, 2001. "Globalization Facts and Figures," IMF Policy Discussion Papers 01/4, International Monetary Fund.
  6. Etzioni, Amitai, 1987. "Entrepreneurship, adaptation and legitimation : A macro-behavioral perspective," Journal of Economic Behavior & Organization, Elsevier, vol. 8(2), pages 175-189, June.
  7. Ruud de Mooij & Paul Tang, 2003. "Four futures of Europe," CPB Special Publication 49, CPB Netherlands Bureau for Economic Policy Analysis.
  8. Krugman, Paul R., 2000. "Technology, trade and factor prices," Journal of International Economics, Elsevier, vol. 50(1), pages 51-71, February.
  9. Erik Stam & Kashifa Suddle & S. Jolanda A. Hessels & Andre van Stel, 2007. "High Growth Entrepreneurs, Public Policies and Economic Growth," Jena Economic Research Papers 2007-019, Friedrich-Schiller-University Jena.
  10. Sander Wennekers, 2006. "Entrepreneurship at Country Level : Economic and Non-Economic Determinants," Scales Research Reports R200602, EIM Business and Policy Research.
  11. David Audretsch & Michael Fritsch, 2002. "Growth Regimes over Time and Space," Regional Studies, Taylor & Francis Journals, vol. 36(2), pages 113-124.
  12. Chiswick, Barry R & Miller, Paul M, 1996. "Ethnic Networks and Language Proficiency among Immigrants," Journal of Population Economics, Springer;European Society for Population Economics, vol. 9(1), pages 19-35, February.
  13. Borooah, Vani K & Hart, Mark, 1999. "Factors Affecting Self-Employment among Indian and Black Caribbean Men in Britain," Small Business Economics, Springer, vol. 13(2), pages 111-29, September.
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