Defining and Measuring Entrepreneurship

63 Pages Posted: 21 Jun 2010

See all articles by Jens Iversen

Jens Iversen

Centre for Economic and Business Research - Copenhagen Business School; Aarhus University - School of Economics and Management

Rasmus Jørgensen

affiliation not provided to SSRN

Nikolaj Malchow-Moeller

Copenhagen Business School - Center for Economic and Business Research (CEBR); University of Southern Denmark

Date Written: June 21, 2010

Abstract

Although entrepreneurship has become a buzzword in the public debate, a coherent definition of entrepreneurship has not yet emerged. In this paper, we review and compare the most common theoretical definitions of entrepreneurship in economics and discuss their connection to the various empirical measures in use. We argue that entrepreneurship is best considered a multifaceted concept, and that the different empirical measures reflect different aspects of entrepreneurship. The relevance of this exercise is illustrated by the fact that in a cross-country comparison of entrepreneurship, we find that the relative ranking of countries depends crucially on the indicator used. Contents: Introduction; Defining Entrepreneurship; Measuring Entrepreneurship; Comparisons and Discussion. Conclusions; References; Appendix

Keywords: Entrepreneurship, definitions, measurement, cross-country comparison

JEL Classification: B10, J2, M13, O3

Suggested Citation

Iversen, Jens and Jørgensen, Rasmus and Malchow-Moeller, Nikolaj, Defining and Measuring Entrepreneurship (June 21, 2010). Foundations and Trends in Entrepreneurship Vol. 4, No. 1, pp. 1-63, 2008. Available at SSRN: https://ssrn.com/abstract=1628209

Jens Iversen (Contact Author)

Centre for Economic and Business Research - Copenhagen Business School ( email )

Porcelaenshaven 16A
DK-2000 Frederiksberg
Denmark

Aarhus University - School of Economics and Management ( email )

Building 350
DK-8000 Aarhus C
Denmark

Rasmus Jørgensen

affiliation not provided to SSRN

Nikolaj Malchow-Moeller

Copenhagen Business School - Center for Economic and Business Research (CEBR) ( email )

Solbjerg Plads 3
Copenhagen, DK-2000
Denmark

University of Southern Denmark

Campusvej 55
DK-5230 Odense, 5000
Denmark

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