The DOI matches its Crossref record; 3 of the 3 references it cites were found in a registry or an index.
What's New about the New Economy? Sources of Growth in the Managed and Entrepreneurial Economies
Open accessAbstract
The purpose of this paper is to document the fundamental shift that is taking place in OECD countries. This shift is from the managed economy to the entrepreneurial economy. While politicians and policymakers have made a plea for guidance in the era of entrepreneurship, scholars have been slow to respond. This paper attempts to make a first step identifying and articulating these differences. We do this by contrasting the most fundamental elements of the newly emerging entrepreneurial economy with those of the managed economy. We identify 14 trade‐offs confronting these two polar worlds. The common thread throughout these trade‐offs is the increased role of new and small enterprises in the entrepreneurial economy. A particular emphasis is placed on changes in economic policy demanded by the entrepreneurial economy vis‐à‐vis the managed economy.
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Citations
Cites
Coase, R. H. (1937) · Economica · doi:10.1111/j.1468-0335.1937.tb00002.x · Cited by 23,972
Endogenous Technological Change
Romer, P. M. (1990) · Journal of Political Economy · doi:10.1086/261725 · Cited by 17,711
Technological paradigms and technological trajectories
Dosi, G. (1982) · Research Policy · doi:10.1016/0048-7333(82)90016-6 · Cited by 6,685
Cited by
Nascent Entrepreneurship and the Level of Economic Development
Wennekers, S., van Wennekers, A., Thurik, R., & Reynolds, P. (2005) · Small Business Economics · doi:10.1007/s11187-005-1994-8 · Cited by 1,123
Toward an Entrepreneurial Ecosystem Research Program
Wurth, B., Stam, E., & Spigel, B. (2022) · Entrepreneurship Theory and Practice · doi:10.1177/1042258721998948 · Cited by 789
“In an entrepreneurial economy, overall performance does not depend on economies of scale but is more widely distributed among a variety of innovative firms and start-ups ( Audretsch & Thurik, 2001 ; Thurik et al., 2013).”
An Eclectic Theory of Entrepreneurship: Policies, Institutions and Culture
Verheul, I., Wennekers, S., Audretsch, D., & Thurik, R. (2002) · Economics of Science, Technology and Innovation · doi:10.1007/0-306-47556-1_2 · Cited by 549
Self-citationEntrepreneurship in the EU: To Wish and not to be
Grilo, I., & Irigoyen, J.-M. (2006) · Small Business Economics · doi:10.1007/s11187-005-1561-3 · Cited by 340
Professional HRM Practices in Family Owned-Managed Enterprises*
de Kok, J. M. P., Uhlaner, L. M., & Thurik, A. R. (2006) · Journal of Small Business Management · doi:10.1111/j.1540-627x.2006.00181.x · Cited by 290
Metadata
- Authors
- Audretsch, D. B.
- Venue
- Industrial and Corporate Change
- Publisher
- Oxford University Press (OUP)
- Published
- 2001-03-01
- Volume
- 10
- Issue
- 1
- Pages
- 267-315
- ISSN
- 0960-6491 (ISSN-L)
- 1464-3650
- OpenAlex
- W2134338974
- Cited by
- 986
- References
- 3
- FWCI
- 54.08
- Type
- journal article
- Language
- en
- Open access
- bronze
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- Audretsch, D. B. (2001). What's New about the New Economy? Sources of Growth in the Managed and Entrepreneurial Economies. Industrial and Corporate Change. https://doi.org/10.1093/icc/10.1.267
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Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).
Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.
