Innovation-Driven Entrepreneurship
Tristan L. Botelho,
Daniel Fehder and
Yael Hochberg
No 28990, NBER Working Papers from National Bureau of Economic Research, Inc
Abstract:
Entrepreneurship is thought to be a key driver of economic growth. While there are myriad forms of entrepreneurship, ranging from self-employment to small and medium size enterprises to technology- and innovation-driven startups, recent research provides evidence that the relationship between entrepreneurship and economic growth is driven not by overall quantity of new firm entry, but rather by a small subset of high-growth startups that are primarily categorized as innovation-driven. This paper provides a survey of the growing literature on the economics of such innovation-driven entrepreneurship. We begin by distinguishing between the various forms of entrepreneurship, which are often confounded in both theory and empirical work. We lay out the current state of knowledge, and describe the challenges faced by researchers in the field, particularly around measurement, data and identification. We conclude with an overview of the major open questions and directions for future research in the area.
JEL-codes: O0 O3 (search for similar items in EconPapers)
Date: 2021-07
New Economics Papers: this item is included in nep-cse, nep-ent, nep-fdg, nep-gro, nep-ino, nep-sbm, nep-tid and nep-ure
Note: PR
References: Add references at CitEc
Citations: View citations in EconPapers (8)
Downloads: (external link)
http://www.nber.org/papers/w28990.pdf (application/pdf)
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:nbr:nberwo:28990
Ordering information: This working paper can be ordered from
http://www.nber.org/papers/w28990
Access Statistics for this paper
More papers in NBER Working Papers from National Bureau of Economic Research, Inc National Bureau of Economic Research, 1050 Massachusetts Avenue Cambridge, MA 02138, U.S.A.. Contact information at EDIRC.
Bibliographic data for series maintained by ().