Entrepreneurship and economic development: Theory, evidence and policy

Wim Naudé


This paper provides an overview of the state of the art of the intersection of development and entrepreneurship. Given the neglect of entrepreneurship by development scholars it deals with (i) recent theoretical insights from the intersection of entrepreneurship and development studies; (ii) the empirical evidence on that relationship between entrepreneurship and development; and (iii) fresh insights for entrepreneurship policy for development that emerges from recent advanced in this area, including female entrepreneurship in developing countries.

Key words: Entrepreneurship, development, small business, private sector development

JEL Classification numbers: M13, O10, O17, O40

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