KTH/CESIS Working Paper Series in Economics and Institutions of Innovation
No 13:
Relating entrepreneurship to economic growth
Charlie Karlsson ()
, Christian Friis ()
and Thomas Paulsson ()
Abstract: The entrepreneur is an elusive character in economic
theory due to the difficulty of providing an accurate description. It
appears impossible to produce a single definition of entrepreneurship and
most theoretical approaches yield operational difficulties. By the same
token, most operational definitions are incomplete and cover only single
parts of the concept. Numerous empirical studies have examined the effects
of entrepreneurship, but few studies have been undertaken in order to
summarise the empirical evidence and synthesize the theoretical framework
and the empirical results. The objective of this paper is to provide a
critical overview of recent empirical research on the relationship between
entrepreneurship and economic growth.
Keywords: Economic Growth; Innovation; Competition; Start-ups; Entrepreneurship; (follow links to similar papers)
JEL-Codes: L10; M13; O31; O40; (follow links to similar papers)
27 pages, November 24, 2004
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