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Entrepreneurship and Economic Development

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Entrepreneurship and Economic Development

The Global Scope of Business Creation

9781802206739 Edward Elgar Publishing
Paul D. Reynolds, Honorary Professor of Entrepreneurship, Aston Business School, Birmingham, UK and Founding Coordinating Principal Investigator, Global Entrepreneurship Monitor Program
Publication Date: 2022 ISBN: 978 1 80220 673 9 Extent: 272 pp
Entrepreneurship and Economic Development addresses the importance of business creation, which is endemic in subsistence indigenous cultures, widespread in developing economies, and a critical feature of adaptation in the most advanced economies. The author offers systematic comparisons of six stages of economic development which provide information about the adjustments in the economic and social context affecting participation in business creation, the sectors where activities occur, and the nature of the contributions to economic growth and adaptation.

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Contents
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Entrepreneurship and Economic Development addresses the importance of business creation, which is endemic in subsistence indigenous cultures, widespread in developing economies, and a critical feature of adaptation in the most advanced economies. The author offers systematic comparisons of six stages of economic development which provide information about the adjustments in the economic and social context affecting participation in business creation, the sectors where activities occur, and the nature of the contributions to economic growth and adaptation.

Implications for public policy varies for countries at different stages of development. The book includes an introduction to harmonized data developed over the past two decades while avoiding technical complexity. Descriptions are based on representative samples of business creation with an emphasis on grassroots business creation in countries during all stages of economic development.

Entrepreneurship, economic development and public policy scholars and faculty as well as policy analysts focusing on economic development will benefit from the breadth of knowledge included in this exploration of business creation.
Critical Acclaim
‘Reynolds knows more about entrepreneurs and entrepreneurship than any person alive. This book is a much needed analysis of the global economic impact of entrepreneurship. It is essential reading for anyone who wants to understand the role of entrepreneurs in wealth creation.’
– Derek Lidow, Princeton University, US
Contents
Contents: Preface 1. Business creation: A global phenomenon 2. Economic development: Structures and values 3. Subsistence economies: Specialization and survival 4. Agricultural economies: Exiting farming 5. Agricultural-Industrial economies: Industry and service 6. Service-Industrial economies: Education and opportunity 7. Progressive Service-Industrial economies: Values and knowledge based 8. Knowledge-Service economies: Expertise and fulfilment 9. Transitions: Continuity and adaptation 10. Overview and implications A Global Entrepreneurship Monitor program B Economic development: Cross-stage descriptions References Index
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