Entrepreneurship and Economic Development: Theory, Evidence and Policy

20 Pages Posted: 23 Aug 2013 Last revised: 9 May 2025

See all articles by Wim Naudé

Wim Naudé

RWTH Aachen University; IZA Institute of Labor Economics; ASC University of Leiden; University of Johannesburg; Coimbra University

Abstract

This paper provides an overview of the state of the art of the intersection of development economics and entrepreneurship. Given the relative neglect of entrepreneurship by development scholars it deals with (i) recent theoretical insights from the intersection of entrepreneurship and development studies; (ii) the empirical evidence on the relationship between entrepreneurship and development; and (iii) fresh insights for entrepreneurship policy for development that emerges from recent advanced in this area, including female entrepreneurship in developing countries.

Keywords: entrepreneurship, development, small business, private sector development, innovation, business

JEL Classification: M13, O10, O17, O40

Suggested Citation

Naudé, Wim, Entrepreneurship and Economic Development: Theory, Evidence and Policy. IZA Discussion Paper No. 7507, Available at SSRN: https://ssrn.com/abstract=2314802

Wim Naudé (Contact Author)

RWTH Aachen University ( email )

Templergraben 55
52056 Aachen, 52056
Germany

IZA Institute of Labor Economics ( email )

P.O. Box 7240
Bonn, D-53072
Germany

ASC University of Leiden ( email )

Netherlands

University of Johannesburg ( email )

South Africa

Coimbra University ( email )

Coimbra
Portugal

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