The Dynamics of Entrepreneurship: Evidence from Global Entrepreneurship Monitor Data

Front Cover
Maria Minniti
OUP Oxford, Feb 14, 2013 - Business & Economics - 352 pages
Why are some individuals more entrepreneurial than others? What types of institutional environments are more conducive to entrepreneurship? Does entrepreneurship contribute to the growth of a country? Answering these questions is particularly important at a time when governments all over the world are looking to entrepreneurship as a way to increase employment and the competitiveness of their countries. The chapters in this volume cover topics such as entrepreneurial motivation, gender and migration, entrepreneurial financing, urban entrepreneurship, growth-oriented entrepreneurship, economic growth, and regional entrepreneurship policies. Each chapter is based on data from the Global Entrepreneurship Monitor. The GEM project collects detailed and comparable data on representative population samples in more than 60 countries. No other existing book provides such a coherent global view of entrepreneurship and its implications. Other studies use a hodge-podge of data from different sources to study entrepreneurship. The data used to support the different parts of a given argument are not always consistent with one another or easily compared. The scientific validity of such empirical findings is limited as the various pieces of evidence do not belong to the same puzzle. Therefore, the coherence of a universal approach is lost and important aspects of the entrepreneurial process may be overlooked or undervalued. This volume, on the other hand, tests all theoretical arguments against the same empirical data, all the pieces fit into the same puzzle and a coherent and unitary picture of entrepreneurial activity, from its causes and motivations to its macroeconomic impact and implications, emerges.
 

Contents

Introduction
1
The Role of Overconfidence
11
A Multicountry Examination
31
A New View of Entrepreneurs
57
Financial Returns from Informal Investments in Businesses Owned by Relatives Friends and Strangers
77
5 The Contribution of Migrants and Ethnic Minorities to Entrepreneurship in the United Kingdom
101
6 Entrepreneurship in World Cities
125
7 Interregional Disparities Entrepreneurship and EU Regional Policy
153
9 Poverty and Entrepreneurship in Developing Countries
209
10 Ambitious Entrepreneurship HighGrowth Firms and Macroeconomic Growth
231
11 HighAspiration Entrepreneurship
251
12 Entrepreneurship and the Decision to Export
277
Conclusion
299
Data Appendix
307
Index
313
Copyright

The Role of Institutions and Generational Change
181

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About the author (2013)

Maria Minniti is Professor and Bobby B. Lyle Chair in Entrepreneurship at the Cox School of Business, Southern Methodist University. She has published numerous articles on entrepreneurship, economic growth, and complexity theory, as well as book chapters and research monographs. Her articles have appeared in Economics Letters, the Journal of Economic Behavior and Organization, Journal of Business Venturing, Journal of Economic Psychology, Entrepreneurship Theory and Practice, Small Business Economics Journal, and Comparative Economics Studies. Dr Minniti is field editor of Economics for the Journal of Business Venturing and associate editor for the Small Business Economics Journal and the International Small Business Journal.

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