It is often claimed that entrepreneurship is indispensable for economic growth and development. These claims are mostly generated by scholars working in the field of entrepreneurship and management studies. In contrast, development economics scholars seem to be less concerned about entrepreneurship in the development process Who is right? I show that the arguments and evidence marshalled so far...

What is social entrepreneurship? In, particular, what’s so social about it? Understanding what social entrepreneurship is enables researchers to study the phenomenon and policy-makers to design measures to encourage it. However, such an understanding is lacking partly because there is no universally accepted definition of entrepreneurship as yet. In this paper, we suggest a definition of social...

This paper discusses the difficulties associated with measuring entrepreneurship in developing countries. Three important dichotomies in the research on entrepreneurship are discussed: formal-informal, legal-illegal, and necessity-opportunity. Several common measures of entrepreneurship are outlined along with their relevance to developing countries, including self-employment, Global Entreprene...

Entrepreneurship and Economic Development: Theory, Evidence and Policy This paper provides an overview of the state of the art of the intersection of development economics and entrepreneurship. Given the relative neglect of entrepreneurship by development scholars it deals with (i) recent theoretical insights from the intersection of entrepreneurship and development studies; (ii) the empirical ...

In this paper the Regional Entrepreneurship and Development Index (REDI) has been constructed for capturing the contextual features of entrepreneurship across EU regions. The REDI method builds on the National Systems of Entrepreneurship Theory and provides a way to profile Regional Systems of Entrepreneurship. Important aspects of the REDI method including the Penalty for Bottleneck (PFB) anal...

In order to understand the status quo of entrepreneurship education in universities in Shanghai, this article draws data from a survey on college students in Shanghai. The sample covers a wide range of students from different majors, school years, and regional backgrounds. The analysis focuses on their recognition of entrepreneurship education, the curriculum, and the preparation of entrepreneu...

Abstract We conjecture that marketplace lending provokes an increase in the quantity of entrepreneurship, particularly more regionally disadvantaged areas, albeit at lower average quality. Using a fuzzy regression discontinuity design exploits exogenous variation borrowers’ access to loans along U.S. state borders, we estimate 10% causes 0.44% business establishments per capita. The effects are...