Empirical Analysis Of Entrepreneurship And Economic Growth PDF Download
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Author | : André van Stel |
Publisher | : Springer Science & Business Media |
Total Pages | : 240 |
Release | : 2006-06-15 |
Genre | : Business & Economics |
ISBN | : 0387294198 |
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The importance of entrepreneurship for achieving economic growth in contemporary economies is widely recognized, both by policy makers and economists. It is deeply embedded in the current European policy approach that the creativity and independence of entrepreneurs contribute to higher levels of economic activity. Indeed, according to the European Commission (2003, p. 9), "The challenge for the European Union is to identify the key factors for building a climate in which entrepreneurial initiative and business activities can thrive. Policy measures should seek to boost the Union's levels of entrepreneurship, adopting the most appropriate approach for producing more entrepreneurs and for getting more firms to grow. " Audretsch (2003, p. 5) states that "Entrepreneurship has become the engine of economic and social development throughout the world. " The relation between entrepreneurship and economic growth is embedded in several strands of the economic literature. A first strand of literature involves the general understanding of the role of entrepreneurship in the modern economy. Seminal contributions were made by Schumpeter (1934), Knight (1921) and Kirzner (1973). These economists stress different aspects of the role of the entrepreneur. While Schumpeter stresses the innovating aspect, Knight stresses the risk assuming aspect. Kirzner, finally, stresses the role of the entrepreneur in leading markets to equilibrium. Acs (1992) discusses the contribution of small firms in modern economies.
Author | : David B. Audretsch |
Publisher | : Oxford University Press |
Total Pages | : 240 |
Release | : 2006-04-27 |
Genre | : Business & Economics |
ISBN | : 019029311X |
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By serving as a conduit for knowledge spillovers, entrepreneurship is the missing link between investments in new knowledge and economic growth. The knowledge spillover theory of entrepreneurship provides not just an explanation of why entrepreneurship has become more prevalent as the factor of knowledge has emerged as a crucial source for comparative advantage, but also why entrepreneurship plays a vital role in generating economic growth. Entrepreneurship is an important mechanism permeating the knowledge filter to facilitate the spill over of knowledge and ultimately generate economic growth.
Author | : Sander Wennekers |
Publisher | : Now Publishers Inc |
Total Pages | : 82 |
Release | : 2010 |
Genre | : Business & Economics |
ISBN | : 1601983662 |
Download The Relationship Between Entrepreneurship and Economic Development Book in PDF, ePub and Kindle
The Relationship between Entrepreneurship and Economic Development summarizes and updates the empirical evidence and presents the main lines of reasoning behind the relationship between economic development and entrepreneurship.
Author | : Héctor Salgado Banda |
Publisher | : |
Total Pages | : 40 |
Release | : 2002 |
Genre | : Economics |
ISBN | : |
Download Entrepreneurship and Economic Growth Book in PDF, ePub and Kindle
Author | : David B. Audretsch |
Publisher | : Oxford University Press |
Total Pages | : 236 |
Release | : 2006-04-27 |
Genre | : Business & Economics |
ISBN | : 0198040490 |
Download Entrepreneurship and Economic Growth Book in PDF, ePub and Kindle
By serving as a conduit for knowledge spillovers, entrepreneurship is the missing link between investments in new knowledge and economic growth. The knowledge spillover theory of entrepreneurship provides not just an explanation of why entrepreneurship has become more prevalent as the factor of knowledge has emerged as a crucial source for comparative advantage, but also why entrepreneurship plays a vital role in generating economic growth. Entrepreneurship is an important mechanism permeating the knowledge filter to facilitate the spill over of knowledge and ultimately generate economic growth.
Author | : Adam Szirmai |
Publisher | : Oxford University Press |
Total Pages | : |
Release | : 2011-04-28 |
Genre | : Business & Economics |
ISBN | : 0191618829 |
Download Entrepreneurship, Innovation, and Economic Development Book in PDF, ePub and Kindle
Entrepreneurship and innovation are two of the most pervasive concepts of our times, yet there are still gaps in our understanding of the interactions between entrepreneurship and innovation, particularly in developing countries. This book is an attempt to fill this gap. It focuses on the entrepreneurship-innovation-development nexus, drawing heavily on empirical evidence from developing countries. Cross-country and individual country experiences cover nations as diverse as Ethiopia, India, Turkey, Vietnam, and also examine lessons from advanced economies such as Finland. Three sets of questions are addressed. What is the impact of entrepreneurship and innovation on growth and development? What determines the innovative performance of entrepreneurs in developing countries? What role does the institutional environment play in shaping the extent and impact of innovative activities? A key message is that entrepreneurial innovation, whether through small firms, large national firms, or multinational firms, is often vibrant in developing countries, but does not always realise its full potential. This is due to institutional constraints, the absence of the appropriate mix of different types of small and large and domestic and foreign firms, and insufficiently developed firm capabilities. The contributions provide a better understanding of the determinants and impacts of innovation in developing countries and the policies and institutions that support or hinder innovation.
Author | : Zoltan J. Acs |
Publisher | : Cambridge University Press |
Total Pages | : 10 |
Release | : 2006-06-19 |
Genre | : Business & Economics |
ISBN | : 1139456636 |
Download Entrepreneurship, Geography, and American Economic Growth Book in PDF, ePub and Kindle
The spillovers in knowledge among largely college-educated workers were among the key reasons for the impressive degree of economic growth and spread of entrepreneurship in the United States during the 1990s. Prior 'industrial policies' in the 1970s and 1980s did not advance growth because these were based on outmoded large manufacturing models. Zoltan Acs and Catherine Armington use a knowledge spillover theory of entrepreneurship to explain new firm formation rates in regional economies during the 1990s period and beyond. The fastest-growing regions are those that have the highest rates of new firm formation, and which are not dominated by large businesses. The authors of this text also find support for the thesis that knowledge spillovers move across industries and are not confined within a single industry. As a result, they suggest, regional policies to encourage and sustain growth should focus on entrepreneurship among other factors.
Author | : Maribel N. Mojica |
Publisher | : |
Total Pages | : 0 |
Release | : 2010 |
Genre | : |
ISBN | : |
Download An Empirical Analysis of the Link Between Entrepreneurship and Economic Growth in West Virginia Book in PDF, ePub and Kindle
Entrepreneurship variables constructed from county-level proprietorship and firm birth data were included in an endogenous growth model to determine the relationship between entrepreneurship and economic growth in West Virginia. The empirical estimates using Weighted Least Squares (WLS) and Two-Stage Least Squares (2SLS) regressions generally show empirical evidence regarding the positive contribution of entrepreneurial activity to economic growth. Counties with more proprietors and business start-ups exhibited higher growths in population and employment growth compared to less entrepreneurial counties. However, none of the entrepreneurship variables used in the study is statistically significant in determining per capita income growth.
Author | : Wim Naudé |
Publisher | : Springer |
Total Pages | : 384 |
Release | : 2010-12-08 |
Genre | : Business & Economics |
ISBN | : 0230295150 |
Download Entrepreneurship and Economic Development Book in PDF, ePub and Kindle
Leading international scholars provide a timely reconsideration of how and why entrepreneurship matters for economic development, particularly in emerging and developing economies. The book critically dissects the evolving relationship between entrepreneurs and the state.
Author | : Phillip H. Phan |
Publisher | : Edward Elgar Publishing |
Total Pages | : 315 |
Release | : 2014-02-28 |
Genre | : Business & Economics |
ISBN | : 1782546839 |
Download Theory and Empirical Research in Social Entrepreneurship Book in PDF, ePub and Kindle
Scholars and policy makers have long recognized entrepreneurship as a powerful engine of economic growth. There is clear evidence, however, that when it comes to social entrepreneurship, policy attention has not been matched by growth in scholarly rese