The rise of the entrepreneurial economy and the future of dynamic capitalism

@inproceedings{Thurik2013TheRO,
  title={The rise of the entrepreneurial economy and the future of dynamic capitalism},
  author={A Roy Thurik and Erik Stam and David Audretsch},
  year={2013}
}
A major shift in the organization of developed economies has been taking place: away from what has been characterized as the managed economy towards the entrepreneurial economy, or what Kirchhoff (1994) has called dynamic capitalism. However, the factors underlying this observed shift have not been identified in a systematic manner. The purpose of this paper is to analyze the main factors leading to this shift and implications for public policy. In particular, we find that technological change… CONTINUE READING

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