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Full Description
This second edition of The Economics of Entrepreneurship is an essential resource for scholars following the current state of this fast-moving field, covering a broad range of topics in unparalleled depth. Designed to be used both as a textbook for specialist degree courses on the economics of entrepreneurship, and as a reference text for academic research in the field, the book draws on theoretical insights and recent empirical findings to show how economics can contribute to our understanding of entrepreneurship. New topics, such as crowdfunding, entrepreneurship education and microenterprise field experiments, appear for the first time, while existing treatments of topics like regional entrepreneurship, innovation and public policy are considerably deepened. Parker also discusses new empirical methods, including quasi-experimental methods and field experiments. Every section - indeed every page - of the new edition has been updated, resulting in a rigorous scientific account of entrepreneurship today.
Contents
1. Introduction; Part I. Selection: 2. Individual-level theories of entrepreneurship; 3. Regional- and macroeconomic-level theories of entrepreneurship; 4. Empirical methods in entrepreneurship research; 5. Individual-level determinants of entrepreneurship; 6. Evidence of regional and macro-level determinants of entrepreneurship; 7. Ethnic entrepreneurship and immigration; 8. Female entrepreneurship; Part II. Financing: 9. Debt finance for entrepreneurial ventures; 10. Venture capital and business angel finance; 11. Other sources of entrepreneurial finance; 12. Wealth and entrepreneurship; Part III. Performance: 13. Entrepreneurial venture growth; 14. Rent seeking, entrepreneurial effort and employment creation; 15. Entrepreneurs' incomes and returns to human capital; 16. Innovation; 17. Venture survival and entrepreneurial exit; Part IV. Public Policy: 18. Principles of entrepreneurship policy; 19. Finance and innovation policies; 20. Regulation; 21. Taxation, entrepreneurship support programs and indirect government policies.