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Entrepreneurship: Determinants and Policy in a European-US Comparison (Paperback, Softcover reprint of the original 1st ed. 2002)
Loot Price: R4,280
Discovery Miles 42 800
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Entrepreneurship: Determinants and Policy in a European-US Comparison (Paperback, Softcover reprint of the original 1st ed. 2002)
Series: Economics of Science, Technology and Innovation, 27
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Without a clear and organized view of where and how
entrepreneurship manifests itself, policy makers have been left in
uncharted waters without an analytical compass. The purpose of this
book is to provide such an analytical compass for directing how
public policy can shape and promote entrepreneurship. We do this in
two ways. The first is to provide a framework for policymakers and
scholars to understand what determines entrepreneurship. The second
is to apply this framework to a series of cases, or country
studies. In particular, this book seeks to answer three questions
about entrepreneurship: What has happened over time? Why did it
happen? And, what has been the role of government policy? The
cornerstone of the book is the proposed Eclectic Theory of
Entrepreneurship. The goal of the Eclectic Theory is to provide a
unified framework for understanding and analyzing the determinants
of entrepreneurship. The Eclectic Theory of entrepreneurship
integrates the different strands from relevant fields into a
unifying, coherent framework. At the heart of the Eclectic Theory
is the integration of factors shaping the demand for
entrepreneurship on the one hand, with those influencing the supply
of entrepreneurs on the other hand. The key to understanding the
role of public policy is through identifying those channels
shifting either the demand for or the supply of entrepreneurship by
policy instruments. The findings in this book show that, by
utilizing the framework provided by the Eclectic Theory of
Entrepreneurship, it is within the grasp of policymakers to
identify the determinants of entrepreneurship in a particular
country setting at a particular point in time. This will be
essential in formulating new public policies to promote
entrepreneurship and, ultimately, economic growth, job creation and
international competitiveness.
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