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Cited by 582Entrepreneurship Studies and InfluencesEconomic Growth and ProductivityCulture, Economy, and Development Studies

The DOI matches its Crossref record; 77 of the 85 references it cites were found in a registry or an index.

Entrepreneurship, institutional economics, and economic growth: an ecosystem perspective

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Acs, Zoltan J., Estrin, Saul, Mickiewicz, Tomasz, Szerb, László·2018·Small Business Economics
DOI 10.1007/s11187-018-0013-9
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Abstract

We analyze conceptually and in an empirical counterpart the relationship between economic growth, factor inputs, institutions, and entrepreneurship. In particular, we investigate whether entrepreneurship and institutions, in combination in an ecosystem, can be viewed as a “missing link” in an aggregate production function analysis of cross-country differences in economic growth. To do this, we build on the concept of National Systems of Entrepreneurship (NSE) as resource allocation systems that combine institutions and human agency into an interdependent system of complementarities. We explore the empirical relevance of these ideas using data from a representative global survey and institutional sources for 46 countries over the period 2002–2011. We find support for the role of the entrepreneurial ecosystem in economic growth.

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Research works printed but not linked: 5

  1. Acemoglu, D., & Robinson, J. A. (2012). Why nations fail. New York: Crown Business.
  2. Acs, Z. J., Lafuente, E., Sanders, M., & Szerb, L. (2017b). The global technology frontier: productivity growth and the relevance of the national system of entrepreneurship. Mineo: University of Pecs.
  3. Barro, R. J., & Sala-i-Martin, X. (1995). Economic growth. Boston: McGraw Hill.
  4. March, J. G., & Simon, H. A. (1993). Organizations. Cambridge: Blackwell.
  5. Solow, R. M. (2009). How to understand the disaster. The New York Review of Books, May 14th, http://www.nybooks.com/articles/2009/05/14/how-to-understand-the-disaster/ . Accessed January 11 2018.

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Metadata

Authors
Acs, Z. J., Estrin, S., Mickiewicz, T., & Szerb, L.
Affiliations
  • London School of Economics and Political Science (GB)
  • Aston University (GB)
  • University of Pecs (HU)
Corresponding author
Estrin, Saul
ORCID
Venue
Small Business Economics
Publisher
Springer Science and Business Media LLC
Published
2018-03-06
Volume
51
Issue
2
Pages
501-514
ISSN
  • 0921-898X (ISSN-L)
  • 1573-0913
DOI
10.1007/s11187-018-0013-9
OpenAlex
W2794350933
Cited by
582
References
85
Citations by year
2026: 67 · 2025: 77 · 2024: 73 · 2023: 81 · 2022: 79 · 2021: 82 · 2020: 73 · 2019: 41 · 2018: 9
FWCI
68.72
Type
journal article
Language
en
Open access
Licence
Locations
  • Small Business Economics (publishedVersion, cc-by)
  • London School of Economics and Political Science Research Online (London School of Economics and Political Science) (submittedVersion)
  • Aston Publications Explorer (Aston University) (submittedVersion)
  • London School of Economics and Political Science Theses Online (London School of Economics and Political Science) (submittedVersion)
  • RePEc: Research Papers in Economics (submittedVersion)
Funders
London School of Economics and Political Science
Topics
  • Social Sciences › Business, Management and Accounting › Management of Technology and Innovation › Entrepreneurship Studies and Influences
  • Social Sciences › Economics, Econometrics and Finance › Economics and Econometrics › Economic Growth and Productivity
  • Social Sciences › Development › Culture, Economy, and Development Studies
Keywords
entrepreneurship, institutional economics, economic growth, entrepreneurial ecosystems, resource allocation, human agency, factor inputs, cross-country growth differences, aggregate production function

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