Entrepreneurship, small and medium-sized enterprises and the macroeconomy

Abstract

Introduction and overview: 1. The linkages between entrepreneurship, SMEs and the macroeconomy Zoltan J. Acs, Bo Carlsson and Charlie Karlsson Part I. Entrepreneurship, Industrial Dynamics and the Macroeconomy: 2. Entrepreneurship and the theory of the firm Mark Casson 3. Entrepreneurship, and economic restructuring: an evolutionary view David Audretsch 4. Business volatility: source or symptom of economic growth? Paul D. Reynolds 5. Industry structure, entrepreneurship, and the macroeconomy: a comparison of Ohio and Sweden, 1975-1995 Pontus Braunerhjelm and Bo Carlsson Part II. Financing Entrepreneurship and SMEs: 6. Small business cessation: failure to learn by doing? Robert Cressey 7. Capital structure at inception and the short-run performance of micro firms Gavin C. Reid 8. Resource allocation, incentives, and control: the importance of venture capital in financing entrepreneurial firms Paul A. Gompers Part III. Job Creation and Destruction: 9. Job creation and destruction by employer size and age: cyclical dynamics John Haltiwanger 10. SMEs and job creation during a recession Per Davidsson, Leif Lindmark and Christer Oloffson 11. Job flows of firms in traditional services Luuk Klop and Roy Thurik Part IV. Innovation, Productivity and Growth: 12. Innovation in UK SMEs: causes and consequences for firm failure and acquisition Andy Cosh, Alan Hughes and Eric Wood 13. Productivity growth and firm size distribution Zoltan J. Acs, Randal Morck and Bernard Yeung.

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