Institutions Entrepreneurship And Economic Performance

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Institutions, Entrepreneurship, and Economic Performance

Author : David Urbano,Sebastian Aparicio,David B. Audretsch
Publisher : Springer
Page : 240 pages
File Size : 47,7 Mb
Release : 2019-04-11
Category : Business & Economics
ISBN : 9783030133733

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Institutions, Entrepreneurship, and Economic Performance by David Urbano,Sebastian Aparicio,David B. Audretsch Pdf

Using institutional economics as a theoretical framework, this book analyzes institutional environment conducive to entrepreneurial activity in order to enhance economic performance across countries. In particular, the main contributions of this book to the entrepreneurship literature are the following: • Identify past and current research about the institutional context shaping entrepreneurial activity and its effect on economic growth • Examine social progress orientation as those institutional factors that are shaping innovative entrepreneurial activity • Explore the effect of different types of entrepreneurial activities on economic growth • Examine how social progress orientation through opportunity-driven entrepreneurship affects economic development • Analyze the interrelationships between institutions, entrepreneurial activity and economic development across countries • Study how the country's institutional context influences the way in which entrepreneurial activity affects social progress Two sides of the same coin might be observed when analyzing policy aspects of those institutions affecting entrepreneurial activity. On the one hand, effective public policy to promote entrepreneurship is predicated on understanding the underlying forces as well as the consequences and impacts of entrepreneurship. On the other hand, different endeavors to promote entrepreneurial activity might have deleterious economic effects since they could actually reduce employment in the long-term. Thus, it is crucial to understand the institutional environment in which entrepreneurs are interacting and making decisions. The comprehension of these phenomena serves to move forward the theoretical, practical and policy debate on entrepreneurship as a mechanism to achieve higher economic performance.

Context Matters

Author : Peter J. Boettke,Christopher J. Coyne
Publisher : Now Publishers Inc
Page : 89 pages
File Size : 52,5 Mb
Release : 2009
Category : Entrepreneurship
ISBN : 9781601982063

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Context Matters by Peter J. Boettke,Christopher J. Coyne Pdf

Context Matters: Institutions and Entrepreneurship analyzes the connection between entrepreneurship and institutions. The goal is to provide a discussion of the literature on institutions in economics, develop the argument on the relationship between institutions and entrepreneurship and apply this logic to a variety of entrepreneurial settings - private for-profit, private non-profit and political. In addition to exploring entrepreneurship within several institutional settings, the authors also consider entrepreneurship on institutional arrangements. Context Matters: Institutions and Entrepreneurship develops the notion of institutions and provide insight into what this concept entails. The authors show how institutions matter for entrepreneurship and economic development. This if followed by a consideration of 'social entrepreneurship', 'political entrepreneurship', and the role of 'institutional entrepreneurs' and their impact on the formation and evolution of institutions. The authors end with a discussion of the implications for future research.

Entrepreneurship and Economic Growth

Author : David B. Audretsch,Max C. Keilbach,Erik E. Lehmann
Publisher : Oxford University Press
Page : 240 pages
File Size : 43,5 Mb
Release : 2006-04-27
Category : Business & Economics
ISBN : 9780190293116

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Entrepreneurship and Economic Growth by David B. Audretsch,Max C. Keilbach,Erik E. Lehmann Pdf

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.

Legal-Economic Institutions, Entrepreneurship, and Management

Author : Nezameddin Faghih,Ali Hussein Samadi
Publisher : Springer Nature
Page : 293 pages
File Size : 52,5 Mb
Release : 2021-04-07
Category : Business & Economics
ISBN : 9783030609788

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Legal-Economic Institutions, Entrepreneurship, and Management by Nezameddin Faghih,Ali Hussein Samadi Pdf

The study of dynamics of institutional change in emerging markets are subjects of great interest in contemporary political economy. The dynamics and quality of institutional change can have significant impacts on the long-run performance of economies, economic growth and development of nations, and play a fundamental role in societies. It provides a comprehensive understanding of legal-economic institutions, and sheds light on the way to global peace by producing a better understanding of the dynamics of historical change. Topics range from institutional uncertainty, hybrid market order and labor market institutions, to good governance of institutions and WTO rules as trade institutions, as well as entrepreneurship and institutional change in emerging markets, and the role of modern technologies. This edited volume emphasizes legal-economic institutions, and the role of management and entrepreneurship on dynamics, trends, and implications of institutional change in emerging markets. Presenting research articles by eminent scholars and experts engaged in education and research, who address and discuss the most recent issues in the field, they reveal new insights into the dynamics of institutional change for researchers interested in development of new theories and comparative studies, especially in the era of emerging markets. The book is appealing to a wide range of global audience, can serve as a useful reference work in education and research, offers innovative and productive discussions, and can satisfy scholarly and intellectual interests, regarding institutional development and a broad spectrum of its interactions with functioning of markets and economies.

Driving Complexity in Economic Development

Author : Diego Gomez,Sebastian Aparicio,David Urbano
Publisher : Springer Nature
Page : 451 pages
File Size : 49,5 Mb
Release : 2023-08-23
Category : Business & Economics
ISBN : 9783031343865

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Driving Complexity in Economic Development by Diego Gomez,Sebastian Aparicio,David Urbano Pdf

This book analyzes the role of institutions in conditioning entrepreneurship and innovation to achieve economic development. Set against the backdrop of populism, this book is based on the premise that formal and informal institutional factors and entrepreneurship are closely linked and that studying the economic development of both developed and emerging economies can help us disentangle the role of entrepreneurship and innovation in developing countries. Using institutional economics as a main theoretical framework and the sociotechnical subsystems as a complementary approach, the authors present a detailed literature review to demonstrate that it is possible to identify the true role of entrepreneurship and innovation in the economic development process. The book embraces complexity to better measure and comprehend economic development, bringing a more compelling perspective on the importance of entrepreneurship and innovation for different dimensions of development. A valuable resource for students, scholars, and policymakers, the authors offer clear recommendations for developing countries.

Global Entrepreneurship, Institutions and Incentives

Author : Zoltán J. Ács
Publisher : Edward Elgar Publishing
Page : 672 pages
File Size : 53,6 Mb
Release : 2015-12-18
Category : Business & Economics
ISBN : 9781784718053

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Global Entrepreneurship, Institutions and Incentives by Zoltán J. Ács Pdf

This book presents some of Zoltán J. Ács’ most important contributions since the turn of the new millennium, with a particular intellectual focus on knowledge spillover entrepreneurship. It studies the evolution of global entrepreneurship and pays attention to the role of institutions and the incentives they create for economic agents who become either productive or unproductive entrepreneurs. For productive entrepreneurs, those that create wealth for themselves and for society, the author offers a knowledge spillover theory of entrepreneurship as a new way to help understand the entrepreneurial ecosystem. For those that create wealth only for themselves the author develops a theory of destructive entrepreneurship that undermines the entrepreneurial ecosystem. The book also presents an explanation of the role of philanthropy in reconstituting wealth to complete the circuits of capital in the theory of capitalist development. Finally, the author examines several public policy issues including immigration and technology transfer. This volume will be required reading for students and scholars of entrepreneurship, economics and public policy.

Exploring the Entrepreneurial Society

Author : Jean Bonnet,Marcus Dejardin,Domingo García-Pérez-de-Lema
Publisher : Edward Elgar Publishing
Page : 288 pages
File Size : 51,6 Mb
Release : 2017-07-28
Category : Entrepreneurship
ISBN : 9781783472666

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Exploring the Entrepreneurial Society by Jean Bonnet,Marcus Dejardin,Domingo García-Pérez-de-Lema Pdf

Entrepreneurship is the engine of economic development, which in turn impacts upon the challenges facing future entrepreneurs. This timely book explores institutional, behavioural and policy issues of primary importance to understanding the entrepreneurial society. Topics covered include entrepreneurship in relation to formal and informal institutions; entrepreneurial choice, orientation and success; entrepreneurial behaviours; entrepreneurial finance, growth and economic crises; and entrepreneurship, social dimensions and outcomes.

Institutions and Entrepreneurship

Author : Wesley D. Sine,Robert J. David
Publisher : Emerald Group Publishing
Page : 392 pages
File Size : 41,8 Mb
Release : 2010-10-25
Category : Business & Economics
ISBN : 9780857242402

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Institutions and Entrepreneurship by Wesley D. Sine,Robert J. David Pdf

Examines how the institutional environment affects entrepreneurial organizations, and vice-versa.

Entrepreneurship, Innovation, and Economic Development

Author : Adam Szirmai,Wim Naudé,Micheline Goedhuys
Publisher : Oxford University Press
Page : 128 pages
File Size : 55,9 Mb
Release : 2011-04-28
Category : Business & Economics
ISBN : 9780191618826

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Entrepreneurship, Innovation, and Economic Development by Adam Szirmai,Wim Naudé,Micheline Goedhuys Pdf

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.

Entrepreneurship and Institutions

Author : Nick Williams,Tim Vorley,Colin Williams
Publisher : Rowman & Littlefield
Page : 240 pages
File Size : 52,8 Mb
Release : 2017-07-13
Category : Business & Economics
ISBN : 9781783486922

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Entrepreneurship and Institutions by Nick Williams,Tim Vorley,Colin Williams Pdf

Drawing on 12 case studies across three global regions, this book examines how formal and informal institutions shape entrepreneurial activity.

New Challenges in Entrepreneurship and Finance

Author : Marta Peris-Ortiz,Jean-Michel Sahut
Publisher : Springer
Page : 278 pages
File Size : 42,6 Mb
Release : 2014-10-24
Category : Business & Economics
ISBN : 9783319088884

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New Challenges in Entrepreneurship and Finance by Marta Peris-Ortiz,Jean-Michel Sahut Pdf

Since the 2008 economic crisis, small and medium-sized enterprises (SMEs) have faced serious financial problems and have been looking to financial institutions and governments for solutions and new proposals to address these issues. This book examines the new challenge in which firms receive sustainable funding that is in alignment with the company’s spending capacity. The purpose of this book is to examine the main theoretical issues and practices regarding entrepreneurship and finance and their impact on performance, innovation and economic growth. It analyzes the fundamental aspects of entrepreneurship and studies ways in which financial institutions can better fulfill their primary function of feeding capital to businesses and the economy as a whole. Entrepreneurship and finance are fundamental to achieving success in economic and social activities. SMEs’ existence and development depend on the initiatives of entrepreneurship and access to resources, especially those of a financial nature. During the recent economic crisis, several new financing instruments have appeared, especially with structures designed for helping SMEs make their way out of the recession. This book explores some of these tools in various global economies, such as France and Spain, providing an international, multidimensional perspective.

Handbook of Research on Entrepreneurship Policy

Author : David B. Audretsch,Isabel Grilo,A. Roy Thurik
Publisher : Edward Elgar Publishing
Page : 251 pages
File Size : 40,6 Mb
Release : 2007
Category : Business & Economics
ISBN : 9781847206794

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Handbook of Research on Entrepreneurship Policy by David B. Audretsch,Isabel Grilo,A. Roy Thurik Pdf

This book is a well written and handy source for readers. Additionally, it provides an overview of current issues relevant to the development of entrepreneurial policy, which is based on interesting case studies across a number of nations. . . Dessy Irawati, International Journal of Entrepreneurial Behaviour and Research What is new in the world is the need to understand business dynamics; the entry, exit and growth of firms in the economy. This dynamic firm structure, as opposed to the static firm structure that dominated past thinking, has spurred an outpouring of research. The heart of the issue is that while many have identified the importance of business dynamics (entry and exit) we have only recently taken a closer look at the ecological system in which some companies must die for others to thrive. Entrepreneurs are the predators of this system. Public policy in an entrepreneurial economy (dynamic) must limit the forces that prevent firm exit and foster the forces that promote firm entry. This book makes an important contribution to the debate. Zoltan J. Acs, George Mason University, US and Max Planck Institute of Economics, Germany This unique Handbook provides a solid foundation for essential study in the nascent field of entrepreneurship policy research. This foundation is initially developed via the exploration of two significant propositions underpinning the nature of entrepreneurship policy research. The first is that entrepreneurship has emerged as a bona fide focus of public policy, particularly with respect to economic growth and employment creation. The second is that neither scholars nor policy makers are presently equipped to understand the public policy role for entrepreneurship. The contributors experienced scholars, specialist researchers and dynamic policy makers thus grapple with novel questions of considerable policy relevance that few have previously posed. The Handbook therefore provides some of the first crucial, systematic analyses of important issues, and key questions to be raised in order to move entrepreneurship policy forward are also presented. Written by academics and practitioners drawing examples from both North America and Europe, this stimulating new Handbook is a prerequisite for students, scholars and practitioners in the incipient world of entrepreneurship policy.

Competencies and Institutions Fostering High-growth Firms

Author : Martin J. Wainwright,Magnus Henrekson,Michael Irwin Jordan,Dan Johansson
Publisher : Now Publishers Inc
Page : 94 pages
File Size : 48,8 Mb
Release : 2008
Category : Business & Economics
ISBN : 9781601981769

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Competencies and Institutions Fostering High-growth Firms by Martin J. Wainwright,Magnus Henrekson,Michael Irwin Jordan,Dan Johansson Pdf

The formalism of probabilistic graphical models provides a unifying framework for capturing complex dependencies among random variables, and building large-scale multivariate statistical models. Graphical models have become a focus of research in many statistical, computational and mathematical fields, including bioinformatics, communication theory, statistical physics, combinatorial optimization, signal and image processing, information retrieval and statistical machine learning. Many problems that arise in specific instances-including the key problems of computing marginals and modes of probability distributions-are best studied in the general setting. Working with exponential family representations, and exploiting the conjugate duality between the cumulant function and the entropy for exponential families, Graphical Models, Exponential Families and Variational Inference develops general variational representations of the problems of computing likelihoods, marginal probabilities and most probable configurations. It describes how a wide variety of algorithms- among them sum-product, cluster variational methods, expectation-propagation, mean field methods, and max-product-can all be understood in terms of exact or approximate forms of these variational representations. The variational approach provides a complementary alternative to Markov chain Monte Carlo as a general source of approximation methods for inference in large-scale statistical models.

Entrepreneurship, Growth, and Public Policy

Author : Zoltan J. Acs,David B. Audretsch,Robert J. Strom
Publisher : Cambridge University Press
Page : 353 pages
File Size : 44,9 Mb
Release : 2009-02-02
Category : Business & Economics
ISBN : 9781139477017

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Entrepreneurship, Growth, and Public Policy by Zoltan J. Acs,David B. Audretsch,Robert J. Strom Pdf

While the public policy community has turned to entrepreneurship to maintain, restore, or generate economic prosperity, the economics profession has been remarkably taciturn in providing guidance for public policy for understanding the links between entrepreneurship and economic growth as well as for framing and weighing policy issues and decisions. The purpose of this volume is to provide a lens through which public policy decisions involving entrepreneurship can be guided and analyzed. In particular, this volume provides insights from leading research concerning the links between entrepreneurship, innovation, and economic growth that shed light on implications for public policy. The book makes clear both how and why small firms and entrepreneurship have emerged as crucial to economic growth, employment, and competitiveness as well as the mandate for public policy in the entrepreneurial society.

Everything in Its Place

Author : David B. Audretsch
Publisher : Oxford University Press
Page : 224 pages
File Size : 40,8 Mb
Release : 2015-03-02
Category : Business & Economics
ISBN : 9780199351268

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Everything in Its Place by David B. Audretsch Pdf

Every city, region and state wants to do better---or at the very least, not do worse. Places have a strong and vigorous concern with and stake in generating a stronger economic performance. This concern spans a broad spectrum of constituents and interests, including business, labor, non-profit organizations, government, and private residents. However, such decision makers mandated with the strategic management of their place receive little guidance or insight from scholars in terms of a systematic framework for evaluating how to generate and sustain a competitive advantage for their place. While an entire academic field exists devoted to analyzing how firms and organizations can create and sustain a competitive advantage and ultimately a strong economic performance---the field of strategic management in business schools---no such analogous field exists which is devoted to guiding and informing decision makers mandated and concerned with the strategic management of their place. Everything in Its Place seeks to fill this intellectual void, explaining the underlying economic and social factors and the broad spectrum of policies and instruments that can actually influence and enhance economic performance in places. Several academic fields have generated a number of important theories, empirical findings, and case studies that shed considerable light on identifying and unraveling the underlying forces about what shapes this economic performance. Combined in this book with the actual experiences and instincts garnered from practitioners and policy makers, these insights are integrated together in into a coherent, inclusive framework to guide and inform thought leaders and scholars in the strategic management of places.