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Entrepreneurship and the Future of Economic Prosperity

Zoltan Acs, László Szerb and Erkko Autio
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Erkko Autio: Imperial College Business School, London

Chapter Chapter 2 in Global Entrepreneurship and Development Index 2016, 2017, pp 3-17 from Springer

Abstract: Abstract Last year we pointed out an important challenge for the future of the global economy: Whereas rich countries will be challenged to increase their economic productivity to sustain current standards of living as their populations rapidly age, low-income economies will need to integrate more than two billion young adults into the world economy by 2050. Economic initiatives by enterprising individuals are likely to be key in addressing the challenges of long-term productivity in rich countries, whereas poor countries will continue to struggle to integrate their rapidly growing populations into their economies.

Date: 2017
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Persistent link: https://EconPapers.repec.org/RePEc:spr:spbchp:978-3-319-63844-7_2

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DOI: 10.1007/978-3-319-63844-7_2

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