Arbeitspapier

Entrepreneurship, structural change and a global economic crisis

Building on a Lewis-type model of structural change and entrepreneurship we show how a global economic crisis consisting of a financial and a trade shock can undermine structural change in developing countries via the start-up and innovation activities of entrepreneurs. The model analytics identifies a number of challenges for structural change in a post-crisis world, including dealing with greater bank concentration, higher costs of bank monitoring and stricter regulations and collateral requirements, flights-to-safety in global finance and reduced incentives for innovation and job-creating start-up activities.

ISBN
978-92-9230-294-8
Language
Englisch

Bibliographic citation
Series: WIDER Working Paper ; No. 2010/57

Classification
Wirtschaft
New Firms; Startups
Economic Development: General
Industrialization; Manufacturing and Service Industries; Choice of Technology
Entrepreneurship
Subject
entrepreneurship
global economic crisis
structural change

Event
Geistige Schöpfung
(who)
Gries, Thomas
Naudé, Wim
Event
Veröffentlichung
(who)
The United Nations University World Institute for Development Economics Research (UNU-WIDER)
(where)
Helsinki
(when)
2010

Handle
Last update
10.03.2025, 11:43 AM CET

Data provider

This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.

Object type

  • Arbeitspapier

Associated

  • Gries, Thomas
  • Naudé, Wim
  • The United Nations University World Institute for Development Economics Research (UNU-WIDER)

Time of origin

  • 2010

Other Objects (12)