Abstract

http://ssrn.com/abstract=1276618
 
 

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Entrepreneurship, Economic Growth and Policy in Emerging Economies


Roy Thurik


Erasmus University Rotterdam (EUR) - Centre for Advanced Small Business Economics (CASBEC); Erasmus Research Institute of Management (ERIM); EIM Netherlands - Business and Policy Research; Tinbergen Institute

25 2008 9,

ERIM Report Series Reference No. ERS-2008-060-ORG

Abstract:     
Entrepreneurship has emerged as an important element in the organization of economies. This emergence did not occur simultaneously in all developed countries. Differences in growth rates are often attributed to differences in the speed with which countries embrace entrepreneurial energy. This led to the political mandate to promote entrepreneurship. Hence, a clear and organized view is needed of what the determinants and consequences of entrepreneurship are. The present contribution tries to provide this view with a particular view on emerging economies. Entrepreneurship, its drivers and its consequences can be best understood using the model of the Entrepreneurial Economy which explains the functioning of the modern economy. This model differs from that of the earlier Managed Economy. Policies in emerging economies should aim at combining the two models.

Number of Pages in PDF File: 20

Keywords: entrepreneurship, policy, economic development, small firms, economic growth

JEL Classification: M13, O32, M, L26

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Date posted: October 8, 2008  

Suggested Citation

Thurik, Roy, Entrepreneurship, Economic Growth and Policy in Emerging Economies (25 2008 9,). ERIM Report Series Reference No. ERS-2008-060-ORG. Available at SSRN: http://ssrn.com/abstract=1276618

Contact Information

Roy Thurik (Contact Author)
Erasmus University Rotterdam (EUR) - Centre for Advanced Small Business Economics (CASBEC) ( email )
3000 DR Rotterdam
Netherlands
+31 10 408 2232 (Phone)
+31 10 408 9146 (Fax)
HOME PAGE: http://www.thurik.com
Erasmus Research Institute of Management (ERIM) ( email )
P.O. Box 1738
3000 DR Rotterdam
Netherlands
EIM Netherlands - Business and Policy Research
Postbus 7001
2701 AA Zoetermeer
Netherlands
+31 79 341 3634 (Phone)
+31 79 331 3742 (Fax)
Tinbergen Institute ( email )
Burg. Oudlaan 50
Rotterdam, 3062 PA
Netherlands
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