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Learning about entrepreneurship has major implications for the way we understand economic change and progress. At a time when governments all over the world look to entrepreneurship as a way to increase the wealth and well-being of their countries, The Dynamics of Entrepreneurship examines the causes of differences in entrepreneurial propensity between individuals, the factors that explain variations in the type and quantity of entrepreneurship at the aggregate level, and the macroeconomic implications of entrepreneurship.
Using Global Entrepreneurship Monitor (GEM) data, the book brings together contributions from leading scholars to provide a comprehensive overview of current scholarship on entrepreneurial activity. Discussed topics include entrepreneurial motivation, gender and migration, entrepreneurial financing, urban entrepreneurship, growth-oriented entrepreneurship, economic growth, and regional entrepreneurship policies. The book concludes by summarizing its contribution to existing literature, with particular attention paid to the policy implications and the ongoing debate on entrepreneurship.
Maria Minniti is Professor and Bobby B. Lyle Chair in Entrepreneurship at the Cox School of Business, Southern Methodist University. She has published numerous articles on entrepreneurship, economic growth, and complexity theory, as well as book chapters and research monographs. Her articles have appeared in Economics Letters, the Journal of Economic Behavior and Organization, Journal of Business Venturing, Journal of Economic Psychology, Entrepreneurship Theory and Practice, Small Business Economics Journal, and Comparative Economics Studies. Dr Minniti is field editor of Economics for the Journal of Business Venturing and associate editor for the Small Business Economics Journal and the International Small Business Journal.
Table of Contents
Introduction, Maria Minniti 1. Excess Entry and Entrepreneurial Decisions: the Role of Overconfidence, Philipp Koellinger, Maria Minniti, and Christian Schade 2. Understanding The Gender Gap In Entrepreneurship: A Multi-Country Examination, I. Elaine Allen and Nan S. Langowitz 3. Defining and Identifying Family Entrepreneurship: a New View of Entrepreneurs, Ramona K. Zachary, Edward G. Rogoff, and Ivory Phinisee 4. Investor Altruism: Financial Returns from Informal Investments in Businesses Owned by Relatives, Friends, and Strangers, William D. Bygrave and Niels Bosma 5. The Contribution of Migrants and Ethnic Minorities to Entrepreneurship in the United Kingdom, Jonathan Levie and Mark Hart 6. Entrepreneurship in World Cities, Zoltan Acs, Niels Bosma, and Rolf Sternberg 7. Interregional Disparities, Entrepreneurship, and EU Regional Policy, Rolf Sternberg 8. Entrepreneurship in Transition Economies: The Role of Institutions and Generational Change, Saul Estrin and Tomasz Mickiewicz 9. Poverty and Entrepreneurship in Developing Countries, Jose Ernesto Amoros and Oscar Cristi 10. Ambitious Entrepreneurship, High-growth Firms and Macroeconomic Growth, Erik Stam, Chantal Hartog, Andre van Stel, and Roy Thurik 11. High-Aspiration Entrepreneurship, Erkko Autio 12. Entrepreneurship and the Decision to Export, Kent Jones and Megan McDonald Way Conclusion, David Audretsch Data Appendix, Maria Minniti