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Entrepreneurship is not a binding constraint on growth and development in the poorest countries

By: Material type: Mixed materialsMixed materialsPublication details: 2014Description: 54-68Subject(s): NLM classification:
  • 338.04
In: International J. of Trends in EntrepreneurshipMSummary: It is often claimed that entrepreneurship is indispensable for economic growth and development. These claims are mostly generated by scholars working in the field of entrepreneurship and management studies. In contrast, development economics scholars seem to be less concerned about entrepereneurship in the development process who is right? I show that the arguments and evidence marshaled so far fails to convincingly show that entrepreneurship is a binding constraint on developemnt in the poorest countries.
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It is often claimed that entrepreneurship is indispensable for economic growth and development. These claims are mostly generated by scholars working in the field of entrepreneurship and management studies. In contrast, development economics scholars seem to be less concerned about entrepereneurship in the development process who is right? I show that the arguments and evidence marshaled so far fails to convincingly show that entrepreneurship is a binding constraint on developemnt in the poorest countries.

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