Entrepreneur and Economic Development: A Study of Role of Various Forms of Entrepreneurs in Economic development

Authors

  • Mahendra Pal Singh Department of Commerce Swami Shraddhanand College, (University of Delhi) Alipur, Delhi

Keywords:

High-tech Entrepreneur, Induced Entrepreneur, VMOSA

Abstract

In Present Scenario of Development of Nation Entrepreneur play a vital role. First, It is widely believed that entrepreneurship is beneficial for economic growth and development. Second, entrepreneurship has been remarkably resurgent over the past three decades in countries that achieved substantial poverty reduction. Third, donors and international development agencies have turned to entrepreneurship to improve the effectiveness and sustainability of aid. Various forms of entrepreneur in country play a remarkable role for development of nation. The theoretical and empirical cases for understanding the role of entrepreneurship are not yet solid. Evidence on whether entrepreneurship matters for economic growth is not straightforward; how entrepreneurship has been promoted and how it contributed to development in countries like India. All these aspects are study in this paper.

References

Ács, Z.J., Desai, S. and Hessels, J. (2008). ‗Entrepreneurship, economic development and institutions‘, Small Business Economics, 31: 219-234. Andersson, P. (2008). Happiness and Health: Well–Being among the Self–Employed, Journal of Socio–Economics, 37, 213–236. Baumol, W.J. (1990). ‗Entrepreneurship: Productive, Unproductive and Destructive‘, The Journal of Political Economy 98(5): 893-921. Benz, M. and Frey, B.S. (2004). Being Independent Raises Happiness at Work, Swedish Economic Policy Review, 11, 95–134. Block, J. and Koellinger, P. (2009). I Can‘t get No Satisfaction -Necessity Entrepreneurship and Procedural Utility, Kyklos, 62 (2), 191–209. De Meza, D. and Webb, D. (1987). ‗Too Much Investment: A Problem of Assymetric Information‘, Quarterly Journal of Economics, 102(2): 281-92. Desai, S. (2011). ‗Measuring Entrepreneurship in Developing Countries‘ (In Naudé, W.A. ed. Entrepreneurship and Economic Development. Basingstoke: Palgrave Macmillan. Chapter 4). Hausmann, R. and Rodrik, D. (2003). ‗Economic Development as Self-discovery‘, Journal of Development Economics, 72(2): 603-33.

Global Journal of Multidisciplinary Studies Available online at

Kanbur, S.M. (1979). ‗Of Risk-Taking and the Personal Distribution of Income‘, Journal of Political Economy, 87(4): 769-97. Lewis, W.A. (1954). ‗Economic Development with Unlimited Supplies of Labour‘, The Manchester School, 28(2): 139-191. Murphy, K., Schleifer, A. and Vishny, R. (1991). ‗The Allocation of Talent: Implications for Growth‘, Quarterly Journal of Economics, 106(2): 503-30. Naudé, W.A. (2010b). ‗Entrepreneurship is not a binding constraint on growth and development in the poorest countries‘, World Development, 39(1): 33-44. Nussbaum, M.C. (2000). Women and Human Development: The Capabilities Approach. Cambridge: Cambridge University Press. Sen, A. (2000). Development as Freedom. New York: Anchor Books. Shane, S. (1997). ‗Who is Publishing the Entrepreneurship Research?‘, Journal of Management, 23(1): 83-95. Van Praag, M. and Versloot, P.H. (2007). ‗What is the Value of Entrepreneurship? A Review of Recent Research‘, Small Business Economics, 29: 351-382.

Downloads

Published

2014-04-30

Issue

Section

Social Science & Humanities