Artikel

Entrepreneurs and their impact on jobs and economic growth

Entrepreneurs are a rare species. Even in innovation-driven economies, only 1–2% of the work force starts a business in any given year. Yet entrepreneurs, particularly innovative entrepreneurs, are vital to the competitiveness of the economy. The gains of entrepreneurship are only realized, however, if the business environment is receptive to innovation. In addition, policymakers need to prepare for the potential job losses that can occur in the medium term through “creative destruction” as entrepreneurs strive for increased productivity.

Sprache
Englisch

Erschienen in
Journal: IZA World of Labor ; ISSN: 2054-9571 ; Year: 2014 ; Bonn: Institute for the Study of Labor (IZA)

Klassifikation
Wirtschaft
Criteria for Decision-Making under Risk and Uncertainty
Labor Demand
New Firms; Startups
Entrepreneurship
Thema
entrepreneurs
job creation
economic growth
competition
innovation
regulation

Ereignis
Geistige Schöpfung
(wer)
Kritikos, Alexander
Ereignis
Veröffentlichung
(wer)
Institute for the Study of Labor (IZA)
(wo)
Bonn
(wann)
2014

DOI
doi:10.15185/izawol.8
Handle
Letzte Aktualisierung
10.03.2025, 11:44 MEZ

Datenpartner

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Objekttyp

  • Artikel

Beteiligte

  • Kritikos, Alexander
  • Institute for the Study of Labor (IZA)

Entstanden

  • 2014

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