Entrepreneurship and Economic Development

The Global Scope of Business Creation

Elgar Impact of Entrepreneurship Research series

Paul D. Reynolds, Honorary Professor of Entrepreneurship, Aston Business School, Birmingham, UK and Founding Coordinating Principal Investigator, Global Entrepreneurship Monitor Program

Entrepreneurship and Economic Development addresses the importance of business creation, which is endemic in subsistence indigenous cultures, widespread in developing economies, and a critical feature of adaptation in the most advanced economies. The author offers systematic comparisons of six stages of economic development which provide information about the adjustments in the economic and social context affecting participation in business creation, the sectors where activities occur, and the nature of the contributions to economic growth and adaptation.

‘Reynolds knows more about entrepreneurs and entrepreneurship than any person alive. This book is a much needed analysis of the global economic impact of entrepreneurship. It is essential reading for anyone who wants to understand the role of entrepreneurs in wealth creation.’
– Derek Lidow, Princeton University, US