Local and Systemic Entrepreneurship: Solving the Puzzle of Entrepreneurship and Economic Development

Frederic Sautet

Entrepreneurship Theory and Practice, 2013, vol. 37, issue 2, 387-402

Abstract: Most economists agree that entrepreneurship has a positive effect on growth in developed countries. However, no evidence of this has been found in the case of developing countries. Rather, in many low–income countries, one can observe productive entrepreneurship but little corresponding development. This is the puzzle of entrepreneurship and development. To solve this puzzle, we propose to look at the notions of local and systemic entrepreneurship. Using recent research on the mechanisms of social cooperation, as well as network and firm theories, we offer an explanation of why entrepreneurship has a limited impact on growth in developing countries.

Date: 2013
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (21)

Downloads: (external link)
https://journals.sagepub.com/doi/10.1111/j.1540-6520.2011.00469.x (text/html)

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:sae:entthe:v:37:y:2013:i:2:p:387-402

DOI: 10.1111/j.1540-6520.2011.00469.x

Access Statistics for this article

More articles in Entrepreneurship Theory and Practice
Bibliographic data for series maintained by SAGE Publications ().