Entrepreneurship, Small Firms and Self-employment

David Audretsch, Maria Callejon and Mari Jose Aranguren

Chapter 6 in High Technology, Productivity and Networks, 2008, pp 117-137 from Palgrave Macmillan

Abstract: Abstract At the end of the 1970s an important change took place in the economic structure of developed countries: a considerable increase in the number of small and medium enterprises occurred as well as a decrease of large firms. Since then, a wide literature has analysed this phenomenon. Some of these studies focus on the causes of this phenomenon whereas others centre on its consequences on economic growth and public welfare. The empirical literature highlights the dynamism of small firms in terms of both employment generation and innovation (see also the Introduction to this volume). For this reason the number of small enterprises, in relative terms, is considered a good indicator of entrepreneurship.2

Keywords: Small Business; Small Firm; Entrepreneurial Activity; Innovative Activity; Creative Destruction (search for similar items in EconPapers)
Date: 2008
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-58372-6_6

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DOI: 10.1057/9780230583726_6

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