Entrepreneurship and structural economic transformation

被引:0
作者
Thomas Gries
Wim Naudé
机构
[1] University of Paderborn,World Institute for Development Economics Research
[2] United Nations University,undefined
来源
Small Business Economics | 2010年 / 34卷
关键词
Economic development; Entrepreneurship; Start-ups; Structural transformation; L26; M13; O10; O14;
D O I
暂无
中图分类号
学科分类号
摘要
This paper provides an endogenous growth model to illuminate the role of entrepreneurial start-up firms in structural economic transformation. We follow the Lewis-model distinction between a traditional and modern sector and underpin this distinction with micro-foundations. We specify mature and start-up entrepreneurs and make a distinction between survivalist self-employment activities in the traditional sector and opportunity-driven entrepreneurship in the modern. The model shows how opportunity-driven entrepreneurship can drive structural transformation in both the modern and traditional sectors through innovation and the provision of intermediate inputs and services (which permits greater specialization in manufacturing) and by increasing employment and productivity.
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页码:13 / 29
页数:16
相关论文
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