Foundations and Trends® in Entrepreneurship
THE ECONOMIC BENEFITS AND COSTS OF ENTREPRENEURSHIP
A Review of the Research
by C Mirjam van Praag & Peter H Versloot (University of Amsterdam)
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.
Published by Now Publishers and marketed by World Scientific
Contents:
- Introduction
- Data: Sample Selection and Definitions
- Contributions
to Employment
- Contributions to Innovations
- Contributions to Productivity and Growth
- Utility
- Conclusions
- References
Readership: Undergraduates, graduate students, faculty of entrepreneurship and
labor economists.
| 100pp |
Pub. date: Sept 2007 |
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