Evolutionary Views on Entrepreneurial Processes: Managerial and Policy Implications

31 Pages Posted: 17 Jul 2012

See all articles by Frédéric Delmar

Frédéric Delmar

Lund University School of Economics and Management; EM Lyon (Ecole de Management de Lyon); Research Institute of Industrial Economics (IFN)

Karl Wennberg

Linkoping University - Institute for Analytical Sociology (IAS)

Date Written: April 12, 2011

Abstract

In this paper we outline an evolutionary framework of entrepreneurial processes where by firms are started, grow, and exit from the market. We explain the important of such a framework in explaining both what contextual factor affects entrepreneurial processes and in explaining the distinction and interaction between self-employment and high-potential entrepreneurship. We highlight the implications from prior empirical work using this evolutionary framework for management and policy making: Three broad implications relevant for managers and entrepreneurs interested in understanding how they can leverage their chances to position their firms as ripe for growth, and six detailed implications relevant for policy makers interested in understanding and affecting the structural conditions where by entrepreneurship can lead to enhanced growth and job creation.

Keywords: evolutionary framework, entrepreneurship

JEL Classification: L10, O30

Suggested Citation

Delmar, Frédéric and Wennberg, Karl, Evolutionary Views on Entrepreneurial Processes: Managerial and Policy Implications (April 12, 2011). IFN Working Paper No. 868, Available at SSRN: https://ssrn.com/abstract=2111202 or http://dx.doi.org/10.2139/ssrn.2111202

Frédéric Delmar (Contact Author)

Lund University School of Economics and Management ( email )

P.O Box 7080
Lund
Sweden

EM Lyon (Ecole de Management de Lyon) ( email )

23 Avenue Guy de Collongue
Lyon, Ecully 69134
France
+33 (0)4 78 33 70 18 (Phone)

HOME PAGE: http://www.em-lyon.com/france/professeurs/delmar/index.aspx

Research Institute of Industrial Economics (IFN)

Box 55665
Grevgatan 34, 2nd floor
Stockholm, SE-102 15
Sweden

Karl Wennberg

Linkoping University - Institute for Analytical Sociology (IAS) ( email )

Norrköping, 601 74
Sweden

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