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Titel
The intersection of the fields of entrepreneurship and development economics: a review towards a new view / Jolanda Hessels (ESE, EHERO, Erasmus University Rotterdam), Wim Naudé (Maastricht University, MSM and IZA) ; IZA Institute of Labor Economics
VerfasserHessels, Jolanda In der Gemeinsamen Normdatei der DNB nachschlagen ; Naudé, Wim In der Gemeinsamen Normdatei der DNB nachschlagen
KörperschaftForschungsinstitut zur Zukunft der Arbeit In der Gemeinsamen Normdatei der DNB nachschlagen
ErschienenBonn, Germany : IZA Institute of Labor Economics, October 2017
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Elektronische Ressource
Umfang1 Online-Ressource (23 Seiten)
SerieDiscussion paper ; no. 11103
URNurn:nbn:de:hbz:5:2-141951 Persistent Identifier (URN)
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 Das Dokument ist frei verfügbar.
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The intersection of the fields of entrepreneurship and development economics: a review towards a new view [0.26 mb]
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Zusammenfassung

Policy makers find it difficult to promote economic development through entrepreneurship and SMEs. In this paper we argue that this is because the positive impact of entrepreneurship is overestimated and its negative impact underestimated. It is moreover also because there is no unified scientific approach towards the role of entrepreneurship in economic development. The scholarly fields that have been interested in this, entrepreneurship economics and development economics, have been elaborated in isolation and only recently started to intersect. This growing intersection is however fragmented, ad hoc, not based on a unifying theoretical approach and suffering from lack of proper measurement. Better policy making will hence benefit from the extension and deepening of the intersection of these fields. We contribute in this regard by providing a conceptual basis for the eventual elaboration of such a unified theoretical approach. We do so by providing an up-to-date review of the intersection of the two scholarly fields, by noting the progress and gaps, by delineating the externalities associated with entrepreneurship in development, and by proposing a new synthesis definition of entrepreneurship.