The emergence of endogenous growth models has attributed to entre-preneurship the role of one of the most important factors deciding about economic development dynamics. Research has been concentrated on the regional aspects of economic growth. Theoretical hypothesis about the relationship between entrepreneurship and economic growth had to be sup ported by economic reality. In consequence many empirical studies have been realized, mostly during last 10 years. Two main questions have been the object of empirical verification — has entrepreneurship a positive impact on economic development and if so, how strong is it and is the level of entrepreneurship dependent on the level of economic growth.
This is a preview of subscription content, log in via an institution to check access.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
Preview
Unable to display preview. Download preview PDF.
References
Acs ZJ (1996) Small firm and economic growth. In: Admiraal PH, Acs Z, Carlsson B, Thurik R (Ed.) Small business in modern economy. Blackwell, Oxford
Acs ZJ, Armington C (2004) Employment growth and entrepreneurial activity in cities. Regional Studies 38(8): 911–927
Acs ZJ, Storey D (2004) Introduction: Entrepreneurship and economic deve lopment. Regional Studies 38(8): 871–877
Audretsch D, Fritsch M (2002) Growth regimes over time and space. Regional Studies 36(2): 113–124
Audretsch D, Kielbach M (2005) Entrepreneurship capital and regional growth. The Annals of Regional Science 39: 457–469
Audretsch D, Monsen E (2007) Entrepreneurship capital: A regional, organi zational, team and individual phenomenon. Discussion Papers on Entrepreneurship, Growth and Public Policy. Max Planck Institute of Economics
Baumol W (1990) Entrepreneurship: Productive, unproductive, and destructive. Journal of Political Economy 98(5): 893–921
Berger B (Ed.) (1991) Culture of entrepreneurship. ICS, San Francisco
Boulding KE (1952) Beyond economics. Harvard Business Review 30(3): 33–44
Carree MA, van Stel AJ, Wennekers S (2002) Economic development and business ownership: An analysis using data of 23 OECD countries in the period 1976– 1996. Small Business Economics 19: 271–290
Dominiak P (2005) SMEs sector in contemporary economy (in Polish). WN PWN, Warsaw
Douhan R, Henrekson M (2007) The political economy of entrepreneurship: An introduction. Working Papers No 688 Research Institute of Industrial Eco nomics
Fölster S (2000) Do entrepreneurs create jobs. Small Business Economics 14(2): 137–148
Fritsch M, Mueller P (2004) Effects of new business formation on regional devel opment over time. Regional Studies 38(8): 961–975
Fukuyama F (2000) The great disruption. Profile Books, London
Fuller T (2003) If you wanted to know the future of small business what questions would you ask? Future 35(4): 305–322
Geroski A (1998) Entry, innovation and productivity growth. Review of Economics and Statistics 71(4): 572–578
Guzman J, Santos J (2001) The booster function and the entrepreneurial quality: An application to the province of Seville. Entrepreneurship and Regional Development 13: 211–228
Guzman J, Santos J (2006) Realidad Empresarial y Desarrollo Economico en la Provincia de Sevilla. Mergablum Edicion y Comunicacion S.L., Sevilla
Hawkins RB (1991) Introductory word. In: Berger B (Ed.) Culture of entrepreneurship. ICS, San Francisco
High J (2004) The roles of entrepreneurship in economic growth: Toward a theory of total factor productivity. In: De Groot H, Nijkamp P, Stough R (Eds.) Eco nomic development. A spatial perspective. Edward Elgar, Cheltenham, 46–77
Knuth M (2006) Self-employment and the labour market in Germany. In: Kopycinska D (Ed.) Entrepreneurship in economy. University of Szczecin, Microeconomic Department, Monograph 2: 158–166
Kwiatkowski S (2000) Przedsiebiorczosc intelektualna. WN PWN, Warsaw
Lavoie D (1994) Odkrywanie i postrzeganie szansy gospodarczej: kultura a Kierznerowski model przedsiȩbiorczości, Oficyna Literatów “Rój”, Warszawa
Landes DS (1993) The wealth and poverty of nations. Why some are so rich and some so poor. W.W. Norton, New York
Martinez J (2005) Equilibrium entrepreneurship rate, economic development and growth. Evidence from Spanish regions. Entrepreneurship and Regional Deve lopment 19: 145–161
McCann P, Arita T (2004) Industrial clusters and regional development: A trans action costs perspective on semiconductor industry. In: De Groot H, Nijkamp P, Stough R (Eds.) Economic development. A spatial perspective. Edward Elgar, Cheltenham, 225–251
Naisbitt J (1995) Megatrends. Warner, New York
Observatory of European SMEs 2003 (2004) No 7
Perry M (1999) Small firms and network economics. Routledge, London
Porter ME (1998) On competition. Harvard business review book. Harvard Busi ness School, Boston
Romer P (1986) Increasing returns and long-run growth. Journal of Political Economy 94: 1002–1037
Romer P (1990) Endogenous technological change. Journal of Political Economy 98(5): 71–102
Schmitz J (1989) Imitation, entrepreneurship and long-run growth. Journal of Poli tical Economy 97(3): 721–739
Sutton J (1991) Sunk costs and market structure: price competition, advertising, and the evolution of concentration. MIT, Cambridge
Van Stel AJ, Carree MA, Thurik AR (2005) The effect of entrepreneurial activity on national economic growth. Small Business Economics 24: 311–321
Wennekers S, Thurik R (1999) Linking entrepreneurship and economic growth. Small Business Economics 13(1): 27–55
Wennekers S, van Stel AJ, Thurik AR, Reynolds PD (2005) Nascent entrepreneurship and the level of economic development. Small Business Economics 24: 293–309
Author information
Authors and Affiliations
Corresponding authors
Editor information
Editors and Affiliations
Rights and permissions
Copyright information
© 2009 Springer-Verlag Berlin Heidelberg
About this chapter
Cite this chapter
Piotr, D., Rekowski, M. (2009). The Relationship Between Entrepreneurship and Economic Growth: A Review of Recent Research Achievements. In: Galindo, MA., Guzman, J., Ribeiro, D. (eds) Entrepreneurship and Business. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-540-70902-2_7
Download citation
DOI: https://doi.org/10.1007/978-3-540-70902-2_7
Publisher Name: Springer, Berlin, Heidelberg
Print ISBN: 978-3-540-70899-5
Online ISBN: 978-3-540-70902-2
eBook Packages: Business and EconomicsBusiness and Management (R0)