Chapter

Introduction

Edited by Josh Lerner and Antoinette Schoar

in International Differences in Entrepreneurship

Published by University of Chicago Press

Published in print June 2010 | ISBN: 9780226473093
Published online February 2013 | e-ISBN: 9780226473109 | DOI: http://dx.doi.org/10.7208/chicago/9780226473109.003.0001
Introduction

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Entrepreneurship and self-employment are the major drivers of growth and development for an economy. This book focuses on how research on entrepreneurship has been conducted in developed markets, which have formed the basis for the understanding of academics and policymakers alike about this subject matter. While there are many anecdotes about the importance of entrepreneurs in emerging economies, there is little systematic research to show whether entrepreneurship has a similarly transformational role. The dramatic speed with which developing countries such as Brazil, China, or India have been transitioning from agricultural societies to modern market economies has highlighted the importance of studying the background and differences in the entrepreneurial dynamics across the world. Institutional differences, cultural considerations, and personal characteristics affect the roles that entrepreneurs play in emerging economies.

Keywords: entrepreneurship; economy; self-employment; emerging economies; market; institutional differences

Chapter.  5913 words. 

Subjects: International Economics

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