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How much credit can be given to entrepreneurship for the unprecedented innovation and growth of free-enterprise economies? In this book, some of the world's leading economists tackle this difficult and understudied question, and their responses shed new light on how free-market economies work--and what policies most encourage their growth. The contributors take as their starting point William J. Baumol's 2002 book 'The Free-Market Innovation Machine' (Princeton), which argued that independent entrepreneurs are far more important to growth than economists have traditionally thought, and that an implicit partnership between such entrepreneurs and large corporations is critical to the success of market economies. The contributors include the editors and Robert M. Solow, Kenneth J. Arrow, Michael M. Weinstein, Douglass C. North, Barry R. Weingast, Ying Lowrey, Nathan Rosenberg, Melissa A. Schilling, Corey Phelps, Sylvia Nasar, Boyan Jovanovic, Peter L. Rousseau, Edward N. Wolff, Deepak Somaya, David J. Teece, Naomi R. Lamoreaux, Kenneth L. Sokoloff, Yochanan Shachmurove, Ralph E. Gomory, Jonathan Eaton, Samuel S. Kortum, Alan S. Blinder, Robert J. Shiller, Burton G. Malkiel, and Edmund S. Phelps.

Technological innovations --- -Entrepreneurship --- -Economic development --- -AA / International- internationaal --- 338.8 --- 338.040 --- 338.043 --- Development, Economic --- Economic growth --- Growth, Economic --- Economic policy --- Economics --- Statics and dynamics (Social sciences) --- Development economics --- Resource curse --- Entrepreneur --- Intrapreneur --- Capitalism --- Business incubators --- Breakthroughs, Technological --- Innovations, Industrial --- Innovations, Technological --- Technical innovations --- Technological breakthroughs --- Technological change --- Creative ability in technology --- Inventions --- Domestication of technology --- Innovation relay centers --- Research, Industrial --- Technology transfer --- Congresses --- Economische groei. --- Ondernemingen: algemeenheden. --- Technologische vooruitgang. Automatisering. Computers. Werkgelegenheid en informatica. --- Economic development --- Entrepreneurship --- Social Sciences and Humanities. Development Studies --- Development Economics --- Development Economics. --- AA / International- internationaal --- Ondernemingen: algemeenheden --- Technologische vooruitgang. Automatisering. Computers. Werkgelegenheid en informatica --- Economische groei

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Entrepreneurship is critical to economic growth, but it cannot flourish without open markets. This book documents the role of open markets, within and across national boundaries, in facilitating entrepreneurship, and economic growth. It is suitable for those in entrepreneurship, business and management, and sociology and urban economics.

Entrepreneurship. --- Open market operations. --- Entrepreneurship --- Economic development. --- Economic aspects.

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Industrial economics

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While the public policy community has turned to entrepreneurship to maintain, restore, or generate economic prosperity, the economics profession has been remarkably taciturn in providing guidance for public policy for understanding the links between entrepreneurship and economic growth as well as for framing and weighing policy issues and decisions. The purpose of this volume is to provide a lens through which public policy decisions involving entrepreneurship can be guided and analyzed. In particular, this volume provides insights from leading research concerning the links between entrepreneurship, innovation, and economic growth that shed light on implications for public policy. The book makes clear both how and why small firms and entrepreneurship have emerged as crucial to economic growth, employment, and competitiveness as well as the mandate for public policy in the entrepreneurial society.

Economic development --- Entrepreneurship --- Industrial policy --- Technological innovations --- 330.35 --- 658.116 --- 330.35 Economische groei. Kwantitatieve toename. Technische vooruitgang --zie ook {338.09} --- Economische groei. Kwantitatieve toename. Technische vooruitgang --zie ook {338.09} --- Economic aspects --- Technologische ontwikkeling. Innovatie. Ondernemerschap --- Business, Economy and Management --- Business Management

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