Enterprise and Irish Economic Performance: Data Regularities and Issues for Research
The paper was written for ERNI's first conference on entrepreneurship in Ireland and was aimed at facilitating multi-disciplinary research on the subject. It conducts a synthesis of the current forms of economic thought on entrepreneurship and also carries out introductory empirical analysis of measures of Irish enterprise. the survey of entrepreneurial thought illustrates that it is more fruitful to analyse enterprise rather than searching for an archetypal entrepreneur. The empirical analysis finds that commonly used measures of Irish enterprise are heterogeneous and are not substitutable for analytical purposes. In terms of recommendations for future research the analysis supports a dis-aggregative approach which distinguishes between productive, unproductive and destructive enterprise. The latter is underpinned by the lack of robust correlation between measures of enterprise and economic performance. Meaningful research in the area necessitates the collection of new data and re-orientation of focus from new to existing firms.
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