Entrepreneurship, economic development and institutions

By Zoltan J. Acs, S. Desai, J. Hessels. 2008

1,171 citations recorded by the source corpus.

This paper is an introduction to the special issue from the 3rd Global Entrepreneurship Monitor Research Conference held in Washington, D.C., in 2008. The paper has three objectives. First, to discuss the importance of the three stages of economic development, the factor-driven stage, the efficiency-driven stage and the innovation-driven stage. Second, to examine the empirical evidence on the relationship between stages of economic development and entrepreneurship. Third, to present a summary of the papers in the context of the theory.

Subfields: Economics and Econometrics, Management of Technology and Innovation

View Paper: https://www.semanticscholar.org/paper/8724be7e1227cb27d8804e12db89cf72f331008a

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Citations in the corpus

Knowledge spillovers and new ventures’ export orientation (2008, methodology): “See also Acs et al. (2008b), who provide a more elaborate discussion of the TEA when comparing it with the World Bank business entry data.”
Developing entrepreneurship in Africa: investigating critical resource challenges (2017, background): “The entrepreneurship literature refers to an entrepreneurship ecosystem as an intentional collaborating network of dynamic socioeconomic structures with interacting systems and subsystems that are geared towards developing entrepreneurship in a given geographical context (Acs et al., 2008; Fernández”
Varieties of entrepreneurship: exploring the institutional foundations of different entrepreneurship types through ‘Varieties-of-Capitalism’ arguments (2018, background): “and character of an economy’s entrepreneurial activity (Acs et al. 2008; Stenholm et al. 2013; Urbano and Alvarez 2014).”
Entrepreneurial intentions in the third age: the impact of perceived age norms (2011, background): “2.2 Perceived age norms and third-age entrepreneurial intentions Previous research implies that the broader social context in which people work and live affects their entrepreneurial propensities (see, e.g., Acs et al. 2008; Smallbone and Welter 2001; Vaillant and Lafuente 2007).”
The role of entrepreneurship in stimulating economic growth in developed and developing countries (2018, background): “Necessity entrepreneurship, typically borne from a lack of alternative employment options, is prevalent in middle /low-income countries (Ács et al., 2008) which may be coming through in the results here.”
Institutional asymmetry: How formal and informal institutions affect entrepreneurship in Bulgaria (2015, background): “Entrepreneurship is widely acknowledged as an engine of economic growth (Acs et al., 2008; Wright and Marlow, 2011; Wright and Stigliani, 2013) and is critical for countries transitioning from central planning to market economies (Djankov et al., 2006; Puffer et al., 2010).”
Entrepreneurship, developing countries, and development economics: new approaches and insights (2009, background): “, Baumol 1990), are the outcomes of institutions (Henrekson 2007; Acs et al. 2008).”
Twenty-five years of research on institutions, entrepreneurship, and economic growth: what has been learned? (2019, background): “…institutions are required to explain the endowment of entrepreneurship in each region and country, which could be useful to understanding not only the difference in growth across countries but also why entrepreneurship has different effects on some countries compared with others (Acs et al. 2008a).”
Entrepreneurship and human development - A capability approach (2011, neutral): “This could be due to insufficient entrepreneurial capital, a constraining environment and/or a lack of an enterprising culture (Acs et al, 2008; Estrin et al., 2006).”
How Different Formal Institutions Affect Opportunity and Necessity Entrepreneurship (2015, background): “Acs (2006) or Acs et al. (2008) conclude that the ore important opportunity entrepreneurship is in relation o necessity entrepreneurship, the larger per capita GDP nd other indicators are (the percentage of exports over DP, expenditure on R&D, or expenditure on education, o name a few examples).”
Stigma and business failure: implications for entrepreneurs’ career choices (2014, background): “1 1 Introduction Institutional norms, inclusive of formal rules and informal cultural values, set the stage for levels of entrepreneurial activity in a country and the associated generation of societal wealth (Acs et al., 2008).”