THE ROLE OF ENTREPRENEURSHIP IN REGIONAL ECONOMIC DEVELOPMENT: CHALLENGES IN MEASURING REGIONAL ENTREPRENEURSHIP
Autor (i): Raluca Robu
JEL: R10, O10.
Cuvinte cheie: SME?s, entrepreneurship, regional economic development.
Abstract:
This paper is a review on entrepreneurship, considered an important source of growth at regional level, as the theoretical literature concludes. However, empirical research results show an unclear contribution of entrepreneurs to economic development. The challenge for the empirical literature is to find the right proxies for entrepreneurship in order to capture the main features of entrepreneurial behavior that drive the success of business and have the potential to impact the regional economy. The paper reviews methodologies developed in the empirical literature focusing on indicators that measure entrepreneurship and on their capacity to include information about cultural background, risk attitude, innovative potential and other aspects that might influence the role of entrepreneurship on regional economic development. Based on the theoretical background, we make a critical evaluation of the efficiency of the synthesized indicators to capture the essential aspects of entrepreneurship.
This paper is a review on entrepreneurship, considered an important source of growth at regional level, as the theoretical literature concludes. However, empirical research results show an unclear contribution of entrepreneurs to economic development. The challenge for the empirical literature is to find the right proxies for entrepreneurship in order to capture the main features of entrepreneurial behavior that drive the success of business and have the potential to impact the regional economy. The paper reviews methodologies developed in the empirical literature focusing on indicators that measure entrepreneurship and on their capacity to include information about cultural background, risk attitude, innovative potential and other aspects that might influence the role of entrepreneurship on regional economic development. Based on the theoretical background, we make a critical evaluation of the efficiency of the synthesized indicators to capture the essential aspects of entrepreneurship.
Articol: Fisier PDF
Copyright © UNIVERSITATEA CONSTANTIN BRANCOVEANU. Toate drepturile rezervate.