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Relating entrepreneurship to economic growth

Author

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  • 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.

Suggested Citation

  • Karlsson, Charlie & Friis, Christian & Paulsson, Thomas, 2004. "Relating entrepreneurship to economic growth," Working Paper Series in Economics and Institutions of Innovation 13, Royal Institute of Technology, CESIS - Centre of Excellence for Science and Innovation Studies.
  • Handle: RePEc:hhs:cesisp:0013
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    References listed on IDEAS

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    Citations

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    Cited by:

    1. 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.
    2. 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.
    3. Marcus Dejardin, 2011. "Linking net entry to regional economic growth," Small Business Economics, Springer, pages 443-460.
    4. Magda Cayón & Joaquim Vergés, 2007. "Organizational status and efficiency: The case of the Spanish SOE `Paradores´," Working Papers 0705, Departament Empresa, Universitat Autònoma de Barcelona, revised Oct 2007.
    5. 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.
    6. Mark Sanders, 2007. "Scientific Paradigms, Entrepreneurial Opportunities and Cycles in Economic Growth," Small Business Economics, Springer, pages 339-354.
    7. Kristina Nyström, 2009. "Entry, market turbulence and industry employment growth," Empirica, Springer;Austrian Institute for Economic Research;Austrian Economic Association, pages 293-308.

    More about this item

    Keywords

    Economic Growth; Innovation; Competition; Start-ups; Entrepreneurship;

    JEL classification:

    • L10 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - General
    • M13 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - New Firms; Startups
    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
    • O40 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - General

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