The Role of Innovation and Entrepreneurship in Economic Growth

The Role of Innovation and Entrepreneurship in Economic Growth

Author: Michael J Andrews

Publisher: University of Chicago Press

Published: 2022-03-17

Total Pages: 633

ISBN-13: 022681078X

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"Innovation and entrepreneurship are ubiquitous today, both as fields of study and as starting points for conversations among experts in government and economic development. But while these areas on continue to attract public and private investments, many measurements of their resulting economic growth-including productivity growth and business dynamism-have remained modest. Why this difference? Because not all business sectors are the same, and the transformative gains of some industries have been offset by stagnation or contraction in others. Accordingly, a nuanced understanding of the economy requires a nuanced understanding of where innovation and entrepreneurship occur and where they matter. Answering these questions allows for strategic public investment and the infrastructure for economic growth.The Role of Innovation and Entrepreneurship in Economic Growth, the latest entry in the NBER conference series, seeks to codify these answers. The editors leverage industry studies to identify specific examples of productivity improvements enabled by innovation and entrepreneurship, including those from new production technologies, increased competition, new organizational forms, and other means. Taken together, the volume illuminates whether the contribution of innovation and entrepreneurship to economic growth is likely to be concentrated, be it selected sectors or more broadly"--


The Importance of Entrepreneurship in Fostering Economic Progress

The Importance of Entrepreneurship in Fostering Economic Progress

Author: Abdelli, Mohammed El Amine

Publisher: IGI Global

Published: 2023-10-09

Total Pages: 221

ISBN-13: 1668471299

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Despite most societies having recognized the vital role of entrepreneurship in driving economic progress, there is still a lack of understanding of the components of innovation, entrepreneurship, and growth and the relationship between microeconomic foundations of development and macroeconomic outcomes. Moreover, the impact of new venture competitiveness and performance, growth, and survival, the evolution of industries, and the location and influence of entrepreneurial activity all demand more advanced study and analysis. Insights into recent developments in the dynamics that support knowledge generation, diffusion, and commercialization through innovation and the role of the entrepreneur in the growth process will expand the understanding of this vital connection. The Importance of Entrepreneurship in Fostering Economic Progress is edited by Mohammed El Amine Abdelli, and is an essential read for academics, students, and researchers interested in gaining a deeper understanding of the connection between entrepreneurship driving economic progress. Leading scholars in various fields such as management, entrepreneurship, industrial economics, evolutionary economics, innovation and technological change, regional economics, and public policy have come together to examine and discuss the impact of entrepreneurship on employment, the crucial role of technological innovation on economic growth, and the impact of the entrepreneurial economy on public policy. By exploring the regulation design influencing knowledge creation, ownership, entry barriers, labor mobility, and inefficient financial markets, this book offers relevant policy implications for policymakers seeking to design effective entrepreneurship policies to foster economic development, employment, and global competitiveness.


Entrepreneurship and Economic Growth

Entrepreneurship and Economic Growth

Author: David B. Audretsch

Publisher: Oxford University Press

Published: 2006-04-27

Total Pages: 240

ISBN-13: 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.


Entrepreneurship and Economic Development

Entrepreneurship and Economic Development

Author: Wim Naudé

Publisher: Springer

Published: 2010-12-08

Total Pages: 384

ISBN-13: 0230295150

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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.


Entrepreneurship and Regional Economic Development

Entrepreneurship and Regional Economic Development

Author: Henri L. F. de Groot

Publisher: Edward Elgar Publishing

Published: 2004-01-01

Total Pages: 370

ISBN-13: 9781781959602

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'Entrepreneurship had been high on the jobs growth and economic development agendas for many years and this edited book makes an important and timely contribution to the debate. . . the book is nicely poised to bring together space, innovation and economic growth linked together with entrepreneurship. . . This book provides an excellent and worthwhile insight into many of the issues with many contributions that significantly add to our understanding of entrepreneurship and regional development.' - Ronald W. McQuaid, Growth & Change


Entrepreneurship: A Very Short Introduction

Entrepreneurship: A Very Short Introduction

Author: Paul Westhead

Publisher: Oxford University Press

Published: 2013-11

Total Pages: 177

ISBN-13: 0199670544

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What is entrepreneurship? Is it important? What do entrepreneurs actually do? These are a few of the key questions considered in this Very Short Introduction. Paul Westhead and Mike Wright provide a clear guide to all aspects of the process of entrepreneurship, including the diversity of the people involved and the benefits it brings to society.


Entrepreneurial State

Entrepreneurial State

Author: Mariana Mazzucato

Publisher: Anthem Press

Published: 2015

Total Pages: 284

ISBN-13: 1783085215

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List of Tables and Figures; List of Acronyms; Acknowledgements; Introduction: Thinking Big Again; Chapter 1: From Crisis Ideology to the Division of Innovative Labour; Chapter 2: Technology, Innovation and Growth; Chapter 3: Risk-Taking State: From 'De-risking' to 'Bring It On!'; Chapter 4: The US Entrepreneurial State; Chapter 5: The State behind the iPhone; Chapter 6: Pushing vs. Nudging the Green Industrial Revolution; Chapter 7: Wind and Solar Power: Government Success Stories and Technology in Crisis; Chapter 8: Risks and Rewards: From Rotten Apples to Symbiotic Ecosystems; Chapter 9: So.


Good Jobs for All in a Changing World of Work The OECD Jobs Strategy

Good Jobs for All in a Changing World of Work The OECD Jobs Strategy

Author: OECD

Publisher: OECD Publishing

Published: 2018-12-04

Total Pages: 396

ISBN-13: 9264308814

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The labour markets of OECD and emerging economies are undergoing major transformations. The widespread slow-down in productivity and wage growth and high levels of income inequality in many countries are coupled with structural changes linked to the digital revolution, globalisation and ...


The Relationship Between Entrepreneurship and Economic Development

The Relationship Between Entrepreneurship and Economic Development

Author: Sander Wennekers

Publisher: Now Publishers Inc

Published: 2010

Total Pages: 82

ISBN-13: 1601983662

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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.


The Economic Benefits and Costs of Entrepreneurship

The Economic Benefits and Costs of Entrepreneurship

Author: C. Mirjam van Praag

Publisher: Now Publishers Inc

Published: 2008

Total Pages: 106

ISBN-13: 1601980728

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The Economic Benefits and Costs of Entrepreneurship examines to what extent recent empirical evidence can collectively and systematically substantiate the claim of the economic benefits of entrepreneurship. The authors review the empirical literature and provide an answer to the question "what is the contribution of entrepreneurs to the economy in comparison to their counterparts?" Using four measures, the authors quantify the economic benefits of entrepreneurs along the following parameters -- employment generation and dynamics, innovation, productivity and growth, and the role of entrepreneurship in increasing individuals' utility levels. The Economic Benefits and Costs of Entrepreneurship is the first review of the primary empirical literature in this area. More precisely, it is the first review of high quality economics and management studies, focusing on various types of contributions that entrepreneurs can make to the economy in terms of quantifiable measures and evaluating the entrepreneurs' performance in these areas relative to their counterparts.