Learning about entrepreneurship has major implications for the way we understand economic change and progress. At a time when governments all over the world look to entrepreneurship as a way to increase the wealth and well-being of their countries, The Dynamics of Entrepreneurship examines the causes of differences in entrepreneurial propensity between individuals, the factors that explain variations in the type and quantity of entrepreneurship at the aggregate level, and the macroeconomic implications of entrepreneurship. Using Global Entrepreneurship Monitor (GEM) data, the book brings together contributions from leading scholars to provide a comprehensive overview of current scholarship on entrepreneurial activity. Discussed topics include entrepreneurial motivation, gender and migration, entrepreneurial financing, urban entrepreneurship, growth-oriented entrepreneurship, economic growth, and regional entrepreneurship policies. The book concludes by summarizing its contribution to existing literature, with particular attention paid to the policy implications and the ongoing debate on entrepreneurship.
Introduction ; 1. Excess Entry and Entrepreneurial Decisions: the Role of Overconfidence ; 2. Understanding The Gender Gap In Entrepreneurship: A Multi-Country Examination ; 3. Defining and Identifying Family Entrepreneurship: a New View of Entrepreneurs ; 4. Investor Altruism: Financial Returns from Informal Investments in Businesses Owned by Relatives, Friends, and Strangers ; 5. The Contribution of Migrants and Ethnic Minorities to Entrepreneurship in the United Kingdom ; 6. Entrepreneurship in World Cities ; 7. Interregional Disparities, Entrepreneurship, and EU Regional Policy ; 8. Entrepreneurship in Transition Economies: The Role of Institutions and Generational Change ; 9. Poverty and Entrepreneurship in Developing Countries ; 10. Ambitious Entrepreneurship, High-growth Firms and Macroeconomic Growth ; 11. High-Aspiration Entrepreneurship ; 12. Entrepreneurship and the Decision to Export ; Conclusion ; Data Appendix