Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/125233
Authors: 
Kritikos, Alexander
Year of Publication: 
2014
Citation: 
[Journal:] IZA World of Labor [ISSN:] 2054-9571 [Year:] 2014 [Issue:] 8
Abstract: 
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.
Subjects: 
entrepreneurs
job creation
economic growth
competition
innovation
regulation
JEL: 
D81
J23
M13
L26
Persistent Identifier of the first edition: 
Document Type: 
Article

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