Entrepreneurship, economic development and institutions

ZJ Acs, S Desai, Jolanda Hessels

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698 Citations (Scopus)
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This paper is an introduction to the special issue from the 3rd Global Entrepreneurship Monitor Research Conference held in Washington, D.C., in 2008. The paper has three objectives. First, to discuss the importance of the three stages of economic development, the factor-driven stage, the efficiency-driven stage and the innovation-driven stage. Second, to examine the empirical evidence on the relationship between stages of economic development and entrepreneurship. Third, to present a summary of the papers in the context of the theory.
Original languageUndefined/Unknown
Pages (from-to)219-234
Number of pages16
JournalSmall Business Economics
Issue number3
Publication statusPublished - 2008
Externally publishedYes

Research programs

  • EUR ESE 30

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