Journal
SMALL BUSINESS ECONOMICS
Volume 31, Issue 3, Pages 219-234Publisher
SPRINGER
DOI: 10.1007/s11187-008-9135-9
Keywords
entrepreneurship; economic development; institutions; public policy; innovation
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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.
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