Entrepreneurship and the Future of Global Prosperity

Zoltan Acs, László Szerb and Ainsley Lloyd
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Ainsley Lloyd: Global Entrepreneurship and Development Institute

Chapter Chapter 2 in Global Entrepreneurship and Development Index 2017, 2017, pp 11-27 from Springer

Abstract: Abstract While a focus on the entrepreneurial ecosystem may seem a novel approach to development, it is consistent with and even complementary to older, more traditional development strategies. As developing economies move from centralized to market economies, enterprise and entrepreneurship become increasingly important. “The emerging world, long a source of cheap labor, now rivals developed countries for business innovation. Developing countries are becoming hotbeds of business innovation in much the same way as Japan did from the 1950s onwards.”

Date: 2017
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Persistent link: https://EconPapers.repec.org/RePEc:spr:spbchp:978-3-319-65903-9_2

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DOI: 10.1007/978-3-319-65903-9_2

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