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Entrepreneurship is among the most vibrant and important parts of the economy, and this important contribution to understanding its dynamics provides the first assessment of changes over time in U.S. entrepreneurial activity. It is uniquely based on measures of participation of adults in new firm creation and gives a systematic overview of basic patterns in the firm creation process. Based on three harmonized research programs and other complementary data, this book sheds light on the importance of new firms for job growth, productivity enhancements, innovation, as well as a route for social mobility. By tracking the success or failure of entrepreneurs in creating new firms, this assessment includes comparisons of different groups, including women and minorities, as well as across different countries. All sectors of the population are making significant contributions. As long as the United States continues to make major investments in R&D and higher education the U.S. entrepreneurial sector is well positioned to retain a leadership role in the world economy. Significant implications for practitioners, educators and policy makers are discussed. "This book provides an in-depth analysis of the factors that influence business creation. It should be required reading for those scholars in organization theory and behavior who are interested in the origins of organizations and in organizing processes. The book is also an important contribution to the study of economic development. Reynolds' ability to tie the findings of the Panel Study of Entrepreneurial Dynamics to other datasets provides significant insights into the micro and macro dynamics of entrepreneurship." —William B. Gartner, Spiro Professor of Entrepreneurial Leadership, Clemson University "The growing stream of research on nascent entrepreneurship flows primarily from two significant research endeavors, the Panel Study on Entrepreneurial Dynamics, I and II, and the Global Entrepreneurship Monitor. Paul Reynolds supplied the leadership to initiate and complete both. No one knows them better. In this book, Reynolds draws the threads together from these two major research efforts to produce an integrated and eminently readable overview of this critical topic. The entrepreneurial phenomenon cannot be appreciated nor understand without an appreciation and understanding of its very first stages. Reynolds lays them out wonderfully in this essential reading." —William J. Dennis, Jr., Senior Research Fellow, NFIB Research Foundation "This is the most important book on measuring entrepreneurial activity in the United States in a generation. It should be required reading for anyone serious about conducting research on, or formulating policy towards, entrepreneurship." —Scott Shane, A. Malachi Mixon III Professor of Entrepreneurial Studies, Department of Economics, Case Western Reserve University "Using a wealth of tables and figures, Paul Reynolds has compiled a comprehensive examination of entrepreneurship in the United States over the past several decades. He paints a fascinating picture of substantial turmoil beneath the apparently placid waters of the U.S. economy. Based on the unique data sets that he has assembled, we see that a large fraction of the U.S. population is involved in some form of new business activity in any given year. Indeed, his work shows that the United States is truly an ‘entrepreneurial society.’ Scholars will find well-grounded empirical generalizations that suggest a multitude of new research projects. Policy makers will find arguments about the factors associated with business startups and new firm growth that should cause them to rethink where governments should allocate their scarce resources." —Howard Aldrich, Kenan Professor of Sociology, University of North Carolina.
Entrepreneurship --- New business enterprises --- Management. --- Entrepreneurship. --- Regional economics. --- Business. --- Regional/Spatial Science. --- Business and Management, general. --- Trade --- Economics --- Management --- Commerce --- Industrial management --- Regional planning --- Regionalism --- Space in economics --- Entrepreneur --- Intrapreneur --- Capitalism --- Business incubators --- Spatial economics. --- Management science. --- Quantitative business analysis --- Problem solving --- Operations research --- Statistical decision --- Spatial economics --- Regional economics
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"Entrepreneurship and Economic Development addresses the importance of business creation, which is endemic in subsistence indigenous cultures, widespread in developing economies, and a critical feature of adaptation in the most advanced economies. The author offers systematic comparisons of six stages of economic development which provide information about the adjustments in the economic and social context affecting participation in business creation, the sectors where activities occur, and the nature of the contributions to economic growth and adaptation. Implications for public policy varies for countries at different stages of development. The book includes an introduction to harmonized data developed over the past two decades while avoiding technical complexity. Descriptions are based on representative samples of business creation with an emphasis on grassroots business creation in countries during all stages of economic development. Entrepreneurship, economic development and public policy scholars and faculty as well as policy analysts focusing on economic development will benefit from the breadth of knowledge included in this exploration of business creation"--
New business enterprises --- Entrepreneurship --- Economic development
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Entreprises --- Création
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International law --- Commodity control --- 339.54 --- 339.7 --- International commodity control --- Commercial policy --- Cartels --- Producers' associations --- Buitenlandse economische politiek. Buitenlandse handelspolitiek. Instrumentarium van de buitenlandse handel --- Internationale financien. Buitenlands betalingsverkeer --(z.o {336}) --- 339.7 Internationale financien. Buitenlands betalingsverkeer --(z.o {336}) --- 339.54 Buitenlandse economische politiek. Buitenlandse handelspolitiek. Instrumentarium van de buitenlandse handel
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Understanding the origins of new businesses—the firm creation process—has been dramatically affected by the development of longitudinal studies of business start-ups. Several projects have been implemented to track the development of new firms, from the emergence of a business idea and organization of a start-up team through the birth of an operational business. The U.S. projects (the first and second Panel Studies of Entrepreneurial Dynamics, known as PSED I and II) have counterparts in a number of other countries: Australia, Canada, China, Latvia, Netherlands (two projects), Norway, and Sweden. These eleven projects in nine countries, implemented over the past decade, are at different stages of development and have been utilized for a wide range of assessments of entrepreneurial and business creation phenomena. This volume presents the state of the art of these international research projects, providing the first in-depth comparison of the firm creation data across a wide range of national contexts. The work will be of great interest to the research community, particularly those developing such projects in their own countries, as well as policy makers and scholars interested in the effect of national context on the business creation process.
Entrepreneurship -- Cross-cultural studies. --- New business enterprises. --- Small business. --- New business enterprises --- Entrepreneurship --- Business & Economics --- Economic Theory --- Cross-cultural studies --- Business starts --- Development stage enterprises --- How to start a business --- New companies --- Start-up business enterprises --- Start-up companies --- Start-ups (Business enterprises) --- Starting a business --- Startups (Business enterprises) --- Businesses, Small --- Medium-sized business --- Micro-businesses --- Microbusinesses --- Microenterprises --- Small and medium-sized business --- Small and medium-sized enterprises --- Small businesses --- SMEs (Small business) --- Business. --- Management science. --- Entrepreneurship. --- Industrial psychology. --- Business and Management. --- Business and Management, general. --- Industrial, Organisational and Economic Psychology. --- Business --- Business enterprises --- Industries --- Business incubators --- Size --- Applied psychology. --- Industrial and Organizational Psychology. --- Applied psychology --- Psychagogy --- Psychology, Practical --- Social psychotechnics --- Psychology --- Trade --- Economics --- Management --- Commerce --- Industrial management --- Entrepreneur --- Intrapreneur --- Capitalism --- Business psychology --- Industrial psychology --- Psychotechnics --- Industrial engineering --- Personnel management --- Psychology, Applied --- Industrial psychologists --- Quantitative business analysis --- Problem solving --- Operations research --- Statistical decision
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Industrial psychology --- Business management --- ondernemingsstrategieën --- management --- bedrijfskunde --- organisatiepsychologie --- ondernemen --- handelswetenschappen
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New business enterprises --- Small business --- Women-owned business enterprises --- Minority business enterprises --- New business enterprises --- Entreprises nouvelles --- Petites et moyennes entreprises --- Entreprises appartenant à des femmes --- Entreprises appartenant à des minorités --- Entreprises nouvelles --- Management. --- Management. --- Management. --- Management. --- Finance. --- Gestion --- Gestion --- Gestion --- Gestion --- Finances
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"Entrepreneurship and Economic Development addresses the importance of business creation, which is endemic in subsistence indigenous cultures, widespread in developing economies, and a critical feature of adaptation in the most advanced economies. The author offers systematic comparisons of six stages of economic development which provide information about the adjustments in the economic and social context affecting participation in business creation, the sectors where activities occur, and the nature of the contributions to economic growth and adaptation. Implications for public policy varies for countries at different stages of development. The book includes an introduction to harmonized data developed over the past two decades while avoiding technical complexity. Descriptions are based on representative samples of business creation with an emphasis on grassroots business creation in countries during all stages of economic development. Entrepreneurship, economic development and public policy scholars and faculty as well as policy analysts focusing on economic development will benefit from the breadth of knowledge included in this exploration of business creation"--
New business enterprises. --- Entrepreneurship. --- Economic development.
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Business creation, or entrepreneurship, is a major source of national economic growth and adaptation as well as an important career choice for millions. In this insightful book, Paul D. Reynolds presents an overview of the major factors associated with contemporary business creation, reflecting representative samples of U.S. early stage nascent ventures, and emphasizing the unique features of the two-fifths that achieve profitability. This in-depth assessment includes empirical descriptions of a broad range of relevant features of the entrepreneurial process. By using representative samples of nascent entrepreneurs and ventures in the U.S., it allows extrapolation to U.S. populations of entrepreneurs, pre-profit ventures, and activity in all economic sectors. Outcomes including profitability and disengagement are identified in multiple follow-up interviews. A useful resource for scholars concerned with business creation, this book also makes an engaging supplementary course book for upper division and graduate courses in business plan creation and research methods. Policy analysts emphasizing programs and policies to enhance business creation will also find it enlightening.
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