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Entrepreneurship and Economic Growth Literature Review (view source)
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pages = {47--75},
file = {Snapshot:/Users/tonimasaleh/Library/Application Support/Zotero/Profiles/ujmvea1t.default/zotero/storage/RMIM2R2C/DD9AF1A1BFA6DC0714066B09E9D52E0C.html:text/html}
@article{miguel_giner_high-growth_2017,
title = {High-growth firms: does location matter?},
volume = {13},
issn = {1554-7191},
shorttitle = {High-growth firms},
doi = {10.1007/s11365-016-0392-9},
abstract = {The challenge for economies lies in boosting employment growth, not just by fostering entrepreneurship, but also by improving the growth potential of existing firms. Consequently, many studies have focused on assessing the dynamism of firms, and especially the capacity of high-growth firms (HGFs) to generate employment. This study aimed to identify HGFs in Spain during two periods, 2003-2006 and 2007-2010 and to analyse their characteristics and territorial distribution during the initial years of the economic crisis. Accordingly, a key area of inquiry of the study was the influence of agglomeration (in metropolitan areas, industrial districts and technological districts) on the locations of HGFs. To analyse the influence of location on the probability of firms being HGFs, a logit model was estimated. The main results supported the study's hypotheses that technological districts and large urban areas are significantly associated with the probability of firms being HGFs, because firms profit from comparative locational advantages offered by these areas. The importance of HGFs requires special emphasis in relation to Spain's context of economic crisis and high unemployment levels because of their significant contribution to employment generation.},
language = {English},
number = {1},
journal = {International Entrepreneurship and Management Journal},
author = {Miguel Giner, Jose and Jesus Santa-Maria, Maria and Fuster, Antonio},
month = mar,
year = {2017},
note = {WOS:000394301700003},
keywords = {Agglomeration, empirical-analysis, Firm growth, gazelles, geography, High-growth firms, Innovation, Job creation, Location, performance, smes, spillovers},
pages = {75--96}
@article{florida_city_2017,
title = {The city as innovation machine},
volume = {51},
issn = {0034-3404},
doi = {10.1080/00343404.2016.1255324},
abstract = {The city as innovation machine. Regional Studies. This paper puts cities and urban regions at the very centre of the processes of innovation and entrepreneurship. It combines the insights of Jane Jacobs and recent urban research on the role of the city with the literature on innovation and entrepreneurship going back to Joseph Schumpeter. Innovation and entrepreneurship and their geography privileges the firm, industry clusters and/or the individual and poses the city as a container for them. By marrying Jacobs' insights on cities to those of Schumpeter on innovation, it is argued that innovation and entrepreneurship do not simply take in place in cities but in fact require them.},
language = {English},
number = {1},
journal = {Regional Studies},
author = {Florida, Richard and Adler, Patrick and Mellander, Charlotta},
month = jan,
year = {2017},
note = {WOS:000394438300008},
keywords = {academic research, cities, Creativity, economic-geography, Entrepreneurship, firm formation, geography, industry, Innovation, knowledge spillovers, life-cycle, patent citations, product innovation, regions, technological-change, united-states, urbanism},
pages = {86--96}
@article{shane_explaining_1996,
title = {Explaining variation in rates of entrepreneurship in the {United} {States}: 1899–1988},
volume = {22},
issn = {0149-2063},
shorttitle = {Explaining variation in rates of entrepreneurship in the {United} {States}},
url = {http://www.sciencedirect.com/science/article/pii/S0149206396900215},
doi = {10.1016/S0149-2063(96)90021-5},
abstract = {This paper examines rates of entrepreneurship over time in the U.S. economy. It finds strong support for the argument that variations in rates of entrepreneurship follow a Schumpeterian model. Changes in rates of entrepreneurship appear to be driven by changes in technology. Some evidence is also found for the effects of the Protestant Ethic, interest rates, prior rates of entrepreneurship, risk-taking propensity, business failure rates, economic growth, immigration, and age distribution of the population.},
number = {5},
urldate = {2017-04-03},
journal = {Journal of Management},
author = {Shane, Scott},
month = jan,
year = {1996},
pages = {747--781},
file = {ScienceDirect Full Text PDF:/Users/tonimasaleh/Library/Application Support/Zotero/Profiles/ujmvea1t.default/zotero/storage/TATNEWCT/Shane - 1996 - Explaining variation in rates of entrepreneurship .pdf:application/pdf;ScienceDirect Snapshot:/Users/tonimasaleh/Library/Application Support/Zotero/Profiles/ujmvea1t.default/zotero/storage/Z27SXHIS/S0149206396900215.html:text/html}
@book{reynolds_entrepreneurship_2007,
title = {Entrepreneurship in the {United} {States}: {The} {Future} {Is} {Now}},
isbn = {978-0-387-45671-3},
shorttitle = {Entrepreneurship in the {United} {States}},
abstract = {Entrepreneurship is among the most vibrant and important parts of the economy. This important book enhances understanding of entrepreneurial dynamics, providing the first analysis of changes in US entrepreneurial activity. Based on the unprecedented Panel Study of Entrepreneurial Dynamics, it examines adult participation in new firm creation and differences in regional firm creation activity. Shedding light on the importance of new firms for job growth, productivity enhancements, innovation, and routes for social mobility, the author tracks the success or failure of entrepreneurs, including comparisons of different groups, such as women and minorities, along with different countries. All sectors of the population are making significant contributions. Significant implications for practitioners, educators and policy makers are discussed.},
language = {en},
publisher = {Springer Science \& Business Media},
author = {Reynolds, Paul D.},
month = sep,
year = {2007},
keywords = {Business \& Economics / Entrepreneurship, Business \& Economics / General, Business \& Economics / Management Science, Business \& Economics / Urban \& Regional, Political Science / Public Policy / Economic Policy}
@article{obschonka_regional_2013,
title = {The regional distribution and correlates of an entrepreneurship-prone personality profile in the {United} {States}, {Germany}, and the {United} {Kingdom}: {A} socioecological perspective},
volume = {105},
copyright = {(c) 2016 APA, all rights reserved},
issn = {1939-1315 0022-3514},
shorttitle = {The regional distribution and correlates of an entrepreneurship-prone personality profile in the {United} {States}, {Germany}, and the {United} {Kingdom}},
doi = {10.1037/a0032275},
abstract = {In recent years the topic of entrepreneurship has become a major focus in the social sciences, with renewed interest in the links between personality and entrepreneurship. Taking a socioecological perspective to psychology, which emphasizes the role of social habitats and their interactions with mind and behavior, we investigated regional variation in and correlates of an entrepreneurship-prone Big Five profile. Specifically, we analyzed personality data collected from over half a million U.S. residents (N = 619,397) as well as public archival data on state-level entrepreneurial activity (i.e., business-creation and self-employment rates). Results revealed that an entrepreneurship-prone personality profile is regionally clustered. This geographical distribution corresponds to the pattern that can be observed when mapping entrepreneurial activity across the United States. Indeed, the state-level correlation (N = 51) between an entrepreneurial personality structure and entrepreneurial activity was positive in direction, substantial in magnitude, and robust even when controlling for regional economic prosperity. These correlations persisted at the level of U.S. metropolitan statistical areas (N = 15) and were replicated in independent German (N = 19,842; 14 regions) and British (N = 15,617; 12 regions) samples. In contrast to these profile-based analyses, an analysis linking the individual Big Five dimensions to regional measures of entrepreneurial activity did not yield consistent findings. Discussion focuses on the implications of these findings for interdisciplinary theory development and practical applications.},
language = {English},
number = {1},
journal = {Journal of Personality and Social Psychology},
author = {Obschonka, Martin and Schmitt-Rodermund, Eva and Silbereisen, Rainer K. and Gosling, Samuel D. and Potter, Jeff},
year = {2013},
keywords = {*Entrepreneurship, *Personality Traits, *Regional Differences, Ecological Factors, Sociology},
pages = {104--122},
file = {APA Psycnet Fulltext PDF:/Users/tonimasaleh/Library/Application Support/Zotero/Profiles/ujmvea1t.default/zotero/storage/NKW7AHQ9/Obschonka et al. - 2013 - The regional distribution and correlates of an ent.pdf:application/pdf}
@article{henrekson_entrepreneurship:_2005,
title = {Entrepreneurship: a weak link in the welfare state?},
volume = {14},
issn = {0960-6491},
shorttitle = {Entrepreneurship},
url = {https://academic.oup.com/icc/article/14/3/437/679151/Entrepreneurship-a-weak-link-in-the-welfare-state},
doi = {10.1093/icc/dth060},
number = {3},
urldate = {2017-04-03},
journal = {Industrial and Corporate Change},
author = {Henrekson, Magnus},
month = jun,
year = {2005},
pages = {437--467},
file = {Full Text PDF:/Users/tonimasaleh/Library/Application Support/Zotero/Profiles/ujmvea1t.default/zotero/storage/KKWH46HX/Henrekson - 2005 - Entrepreneurship a weak link in the welfare state.pdf:application/pdf;Snapshot:/Users/tonimasaleh/Library/Application Support/Zotero/Profiles/ujmvea1t.default/zotero/storage/CKQVD3IK/Entrepreneurship-a-weak-link-in-the-welfare-state.html:text/html}
}
@article{ilmakunnas_entrepreneurship_2001,
title = {Entrepreneurship, {Economic} {Risks}, and {Risk} {Insurance} in the {Welfare} {State}: {Results} with {OECD} {Data} 1978–93},
volume = {2},
issn = {1468-0475},
shorttitle = {Entrepreneurship, {Economic} {Risks}, and {Risk} {Insurance} in the {Welfare} {State}},
url = {http://onlinelibrary.wiley.com/doi/10.1111/1468-0475.00034/abstract},
doi = {10.1111/1468-0475.00034},
abstract = {We find evidence in the OECD cross-country data to support the Knightian view that non-diversifiable economic risks shape equilibrium entrepreneurship in an occupational choice model. Differential social insurance of entrepreneurial and labor risk is found to be statistically significant and detrimental to entrepreneurship. The crowding-out effect of public production of private goods on entrepreneurship dominates the crowding-in effect of public production of public goods in the OECD data. Weak evidence is found for the proposition that the rate of entrepreneurship is related to the degree of income inequality and to the union power in the economy. The results also suggest that in countries with low GDP per capita ratio, self-employment is high.},
language = {en},
number = {3},
urldate = {2017-04-03},
journal = {German Economic Review},
author = {Ilmakunnas, Pekka and Kanniainen, Vesa},
month = aug,
year = {2001},
pages = {195--218},
file = {Snapshot:/Users/tonimasaleh/Library/Application Support/Zotero/Profiles/ujmvea1t.default/zotero/storage/8ZVRACRP/abstract.html:text/html}
@article{keuschnigg_tax_2003,
series = {Proceedings of the {Trans} {Atlantic} {Public} {Economics} {Seminar} on ``{Taxation} of {Financial} {Incomet}`` 22-24 {May}, 2000.},
title = {Tax policy, venture capital, and entrepreneurship},
volume = {87},
issn = {0047-2727},
url = {http://www.sciencedirect.com/science/article/pii/S0047272701001700},
doi = {10.1016/S0047-2727(01)00170-0},
abstract = {The paper studies the effects of tax policy on venture capital activity. Entrepreneurs pursue a single high risk project each but have no own resources. Financiers provide funds, covering investment cost plus an upfront payment, in exchange for a share in the firm. The contract must include incentives to enlist full effort of entrepreneurs. Venture capitalists also assist with valuable business advice to enhance survival chances. The paper develops a general equilibrium framework with a traditional and an entrepreneurial sector and investigates the effects of taxes on the equilibrium level of managerial advice, entrepreneurship and welfare. It considers differential wage and capital income taxes, a comprehensive income tax, progressive taxation as well as investment and output subsidies to the entrepreneurial sector.},
number = {1},
urldate = {2017-04-03},
journal = {Journal of Public Economics},
author = {Keuschnigg, Christian and Nielsen, Soren Bo},
month = jan,
year = {2003},
keywords = {Entrepreneurship, Moral hazard, Subsidies, Taxes, Venture capital},
pages = {175--203},
file = {ScienceDirect Full Text PDF:/Users/tonimasaleh/Library/Application Support/Zotero/Profiles/ujmvea1t.default/zotero/storage/4RAXSM49/Keuschnigg and Nielsen - 2003 - Tax policy, venture capital, and entrepreneurship.pdf:application/pdf;ScienceDirect Snapshot:/Users/tonimasaleh/Library/Application Support/Zotero/Profiles/ujmvea1t.default/zotero/storage/4UBMTNG9/S0047272701001700.html:text/html}
@article{inekwe_financial_2016,
title = {Financial {Distress}, {Employees}' {Welfare} and {Entrepreneurship} {Among} {SMEs}},
volume = {129},
issn = {0303-8300},
doi = {10.1007/s11205-015-1164-6},
abstract = {The study predicts ex-ante financial distress in small and medium-sized enterprises (SMEs) and examines its significance in entrepreneurial activity. Thus, the study provides the dynamic characterization of the link between financial distress, employment and the growth in the establishment of SMEs. The study further examines employees' welfare and financial distress of SMEs. The results reveal that financial ratios and market variables are significant in predicting financial distress risks. In the wake of financial distress, the results reveal contractions in the growth of SMEs. In addition, financial distress in SMEs induces an adverse effect on the level of employment and a reduction in employees' welfare.},
language = {English},
number = {3},
journal = {Social Indicators Research},
author = {Inekwe, John Nkwoma},
month = dec,
year = {2016},
note = {WOS:000387421700010},
keywords = {bankruptcy prediction, Clogit, Entrepreneur, Financial distress, market, models, risk, smes},
pages = {1135--1153}
@article{wennekers_linking_1999,
title = {Linking {Entrepreneurship} and {Economic} {Growth}},
volume = {13},
issn = {0921-898X, 1573-0913},
url = {https://link.springer.com/article/10.1023/A:1008063200484},
doi = {10.1023/A:1008063200484},
abstract = {In the 1980s stagflation and high unemployment caused a renewed interest in supply side economics and in factors determining economic growth. Simultaneously, the 1980s and 1990s have seen a reevaluation of the role of small firms and a renewed attention for entrepreneurship. The goal of this survey is to synthesize disparate strands of literature to link entrepreneurship to economic growth. This will be done by investigating the relationship between entrepreneurship and economic growth using elements of various fields: historical views on entrepreneurship, macro-economic growth theory, industrial economics (Porter's competitive advantage of nations), evolutionary economics, history of economic growth (rise and fall of nations) and the management literature on large corporate organizations. Understanding the role of entrepreneurship in the process of economic growth requires the decomposition of the concept of entrepreneurship. A first part of our synthesis is to contribute to the understanding of the dimensions involved, while paying attention to the level of analysis (individual, firm and aggregate level). A second part is to gain insight in the causal links between these entrepreneurial dimensions and economic growth. A third part is to make suggestions for future empirical research into the relationship between (dimensions of) entrepreneurship and economic growth.},
language = {en},
number = {1},
urldate = {2017-04-03},
journal = {Small Business Economics},
author = {Wennekers, Sander and Thurik, Roy},
month = aug,
year = {1999},
pages = {27--56},
file = {Snapshot:/Users/tonimasaleh/Library/Application Support/Zotero/Profiles/ujmvea1t.default/zotero/storage/9QVV7PRD/10.html:text/html}
@article{acs_employment_2004,
title = {Employment {Growth} and {Entrepreneurial} {Activity} in {Cities}},
volume = {38},
issn = {0034-3404},
url = {http://dx.doi.org/10.1080/0034340042000280938},
doi = {10.1080/0034340042000280938},
abstract = {Acs Z. J. and Armington C. (2004) Employment growth and entrepreneurial activity in cities, Regional Studies38, 911-927. Recent theories of economic growth have stressed the role of externalities in generating growth. Using data from the Census Bureau that tracks all employers in the whole US private-sector economy, the impact of these externalities, as measured by entrepreneurial activity, on employment growth in Local Market Areas are examined. Differences in levels of entrepreneurial activity, diversity among geographically proximate industries and the extent of human capital are positively associated with variation in growth rates, but the manufacturing sector appears to be an exception. Acs Z. J. et Armington C. (2004) La croissance de l'emploi et l'esprit d'entreprise dans les grandes villes, Regional Studies38, 911-927. Des théories récentes de la croissance économique ont souligné l'importance des effets externes. A partir des données provenant du Census Bureau, institut national de la statistique qui fait le suivi de tous les employeurs dans toute l'économie privée aux Etats-Unis, cet article cherche à examiner les retombées de ces effets externes-là, mesurés en termes de l'esprit d'entreprise, sur la croissance de l'emploi dans les bassins d'emplois locaux. Il s'avère que les écarts des les niveaux de l'esprit d'entreprise, la diversité des industries à proximité, et l'importance du capital humain sont en corrélation étroite avec la variation des taux de croissance, à une exception près, le secteur industriel. Acs Z. J. und Armington C. (2004) Zunahme der Arbeitsstellen und Unternehmertätigkeit in Städten, Regional Studies38, 911-927. Kürzlich aufgekommene Theorien wirtschaftlichen Wachstums haben die Rolle externer Effekte bei der Wachstumsentwicklung betont. Mit Hilfe von Daten des Census Bureaus, das sämtliche Arbeitgeber des Privatsektors der Wirtschaft der USA erfaßt, wird die Auswirkung dieser externen Effekte auf die Zunahme von Erwerbsstellen in 'Local Market Areas' durch Messung an Hand unternehmerischer Aktivität untersucht. Es wird festgestellt, daß Unterschiede der Stufen unternehmerischer Aktivität, Vielfalt in geographisch benachbarten Industrien und der Umfang des Menschenkapitals in positiver Verbindung mit Abweichungen bei Zuwachsraten auftreten, obschon der herstellende Sektor hierbei eine Ausnahme darstellt. Acs Z. J. y Armington C. (2004) Crecimiento en el empleo y actividad emprendedora en las ciudades, Regional Studies38, 911-927. Las teorías recientes sobre el crecimiento económico han enfatizado el rol de las externalidades en la generación de crecimiento. Utilizando datos de la Oficina del Censo que siguen la trayectoria de todos los empresarios en la totalidad de la economía del sector privado en los Estados Unidos, examinamos el impacto de estas externalidades, medido por medio del grado de actividad emprendedora, en el crecimiento del empleo en Áreas de Mercado Local. Encontramos que las diferencias en los niveles de actividad empresarial, la diversidad entre industrias que estÁn geogrÁficamente próximas, y el grado de capital humano estÁn positivamente asociados a una variación en los índices de crecimiento, pero el sector manufacturero parece presentar una excepción.},
number = {8},
urldate = {2017-04-03},
journal = {Regional Studies},
author = {Acs, Zoltan and Armington, Catherine},
month = nov,
year = {2004},
keywords = {Economic Growth, Entrepreneurship, Industry diversity, Knowledge spillovers},
pages = {911--927},
file = {Snapshot:/Users/tonimasaleh/Library/Application Support/Zotero/Profiles/ujmvea1t.default/zotero/storage/35FA6H4D/0034340042000280938.html:text/html}
