Abstract
This article describes the recent expansion of research on entrepreneurship, innovation and growth. Although the entrepreneur is widely credited with critical contributions to innovation and growth, the subject of entrepreneurship has virtually disappeared from mainstream theory and standard textbooks. Reasons explaining this gap are indicated. In addition to some brief materials on earlier writings, the rich body of recent work on the subject, both theoretical and empirical, is surveyed, illustrating the wide variety of subjects explored and the insights offered by the new literature.
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
Bibliography
Aldrich, H. 1999. Organizations Evolving. London: Sage.
Aldrich, H., B. Rosen, and W. Woodward. 1987. The impact of social networks on business foundings and profit: A longitudinal study. In Frontiers of entrepreneurship research, ed. N. Churchill et al. Babson Park: Babson College.
Ames, M., and M. Runco. 2005. Predicting entrepreneurship from ideation and divergent thinking. Creativity and Innovation Management 14: 311–315.
Arabsheibani, G., D. De Meza, J. Maloney, and B. Pearson. 2000. And a vision appeared unto them of a great profit: Evidence of self-deception among the self-employed. Economics Letters 67: 35–41.
Astebro, T. 2003. The return to independent invention: Evidence of unrealistic optimism, risk seeking or skewness loving. Economic Journal 113: 226–238.
Audretsch, D., and Z. Acs. 1994. New firm startups, technology, and macroeconomic fluctuations. Small Business Economics 6: 439–449.
Babb, E., and S. Babb. 1992. Psychological traits of rural entrepreneurs. Journal of Socio-Economics 21: 353–362.
Bates, T. 1995. Self-employment entry across industry groups. Journal of Business Venturing 10: 143–156.
Baumol, W. 2002. The free-market innovation machine: Analyzing the growth miracle of capitalism. Princeton: Princeton University Press.
Benz, M., and B. Frey. 2004. Being independent raises happiness at work. Swedish Economic Policy Review 11: 95–134.
Bhide, A. 2000. The origin and evolution of new businesses. New York: Oxford University Press.
Butler, J., and C. Herring. 1991. Ethnicity and entrepreneurship in America: Toward an explanation of racial and ethnic group variations in self-employment. Sociological Perspectives 34: 79–95.
Bygrave, W., and J. Timmons. 1992. Venture capital at the crossroads. Boston: Harvard Business School Press.
Cantillon, R. 1730. Essai Sur la Nature de Commerce en Général. Trans. H. Higgs, 1931 London: Macmillan.
Carroll, G., and E. Mosakowski. 1987. The career dynamics of self employment. Administrative Science Quarterly 32: 570–589.
Carroll, G., and J. Wade. 1991. Density dependence in organizational evolution of the American brewing industry across different levels of analysis. Social Science Research 20: 271–302.
Dana, L. 1987. Entrepreneurship and value creation – an international comparison of five commonwealth nations. In Frontiers of entrepreneurship research, ed. N. Churchill et al. Babson Park: Babson College.
Dean, T., and G. Meyer. 1992. New venture formation in manufacturing industries: A conceptual and empirical analysis. In Frontiers of entrepreneurship research, ed. N. Churchill et al. Babson Park: Babson College.
Delmar, F., and S. Shane. 2004. Legitimating first: Organizing activities and the survival of new ventures. Journal of Business Venturing 19: 385–410.
Eisenhardt, K., and K. Schoonhoven. 1990. Organizational growth: Linking founding team, strategy, environment, and growth among U.S. semiconductor ventures, 1978–1988. Administrative Science Quarterly 35: 504–529.
Evans, D., and L. Leighton. 1989. Some empirical aspects of entrepreneurship. American Economic Review 79: 519–535.
Freeman, R. 1978. Job satisfaction as an economic variable. American Economic Review 68: 135–141.
Gentry, W., and R. Hubbard. 2000. Tax policy and entrepreneurial entry. American Economic Review Papers and Proceedings 90: 283–292.
Gimeno, J., T. Folta, A. Cooper, and C. Woo. 1997. Survival of the fittest? Entrepreneurial human capital and the persistence of underperforming firms. Administrative Science Quarterly 42: 750–783.
Hansen, E. 1995. Entrepreneurial networks and new organization growth. Entrepreneurship Theory and Practice 19(4): 7–19.
Hornaday, J., and J. Aboud. 1973. Characteristics of successful entrepreneurs. Personnel Psychology 24: 141–153.
Kirzner, I. 1979. Perception, opportunity and profit. Chicago: University of Chicago Press.
Knight, F. 1921. Risk, uncertainty and profit. Boston/New York: Houghton Mifflin Company.
Markman, G., P. Phan, D. Balkin, and P. Gianiodis. 2005. Entrepreneurship and university-based technology transfer. Journal of Business Venturing 20: 241–263.
Marshall, A. 1923. Industry and trade. London: Macmillan.
McMillan, J., and C. Woodruff. 2002. The central role of entrepreneurs in transition economies. Journal of Economic Perspectives 16(3): 153–170.
Pennings, J. 1982. Organizational birth frequencies: An empirical investigation. Administrative Science Quarterly 27: 120–144.
Robinson, T., and E. Sexton. 1994. The effect of education and experience on self-employment success. Journal of Business Venturing 9: 141–156.
Say, J.-B. 1819. Traite d’économie politique. 4th edition. Trans. C. Prinsep, 1821. Boston: Wells and Lilly.
Schumpeter, J. 1911. The Theory of Economic Development. Trans. R. Opie, 1934. Cambridge, MA: Harvard University Press.
Shane, S. 2001. Technology opportunities and new firm creation. Management Science 47: 205–220.
Shane, S. 2003. A general theory of entrepreneurship: The individual-opportunity nexus. Northampton, MA: Edward Elgar.
Stuart, T., H. Huang, and R. Hybels. 1999. Interorganizational endorsements and the performance of entrepreneurial ventures. Administrative Science Quarterly 44: 315–349.
U.S. Bureau of the Census. 2004. Statistical abstract of the United States: 2004–2005. Washington, DC: Bureau of the Census.
Zahra, S., and W. Bogner. 2000. Technology strategy and software new ventures’ performance: Exploring the moderating effect of the competitive environment. Journal of Business Venturing 15: 135–173.
Zietsma, C. 1999. Opportunity knocks – or does it hide? An examination of the role of opportunity recognition in entrepreneurship. In Frontiers of entrepreneurship research, ed. P. Reynolds et al. Babson Park: Babson College.
Author information
Authors and Affiliations
Editor information
Copyright information
© 2018 Macmillan Publishers Ltd.
About this entry
Cite this entry
Baumol, W.J., Schilling, M.A. (2018). Entrepreneurship. In: The New Palgrave Dictionary of Economics. Palgrave Macmillan, London. https://doi.org/10.1057/978-1-349-95189-5_2576
Download citation
DOI: https://doi.org/10.1057/978-1-349-95189-5_2576
Published:
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-1-349-95188-8
Online ISBN: 978-1-349-95189-5
eBook Packages: Economics and FinanceReference Module Humanities and Social SciencesReference Module Business, Economics and Social Sciences