International Differences in Entrepreneurship

International Differences in Entrepreneurship

Josh Lerner and Antoinette Schoar

Print publication date: 2013

ISBN: 9780226473093

Publisher: University of Chicago Press


Often considered one of the major forces behind economic growth and development, the entrepreneurial firm can accelerate the speed of innovation and dissemination of new technologies, thus increasing a country's competitive edge in the global market. As a result, cultivating a strong culture of entrepreneurial thinking has become a primary goal throughout the world. Surprisingly, there has been little systematic research or comparative analysis to show how the growth of entrepreneurship differs among countries in various stages of development. This book aims to fill this void by explaining how a country's institutional differences, cultural considerations, and personal characteristics can affect the role that entrepreneurs play in its economy. Developing an understanding of the origins of entrepreneurs, as well as the choices they make and the complexity of their activities across countries and industries, is of central importance to this volume. In addition, chapters consider how environmental factors of individual economies, such as market regulation, government subsidies for banks, and support for entrepreneurial culture, affect the industry and the impact that entrepreneurs have on growth in developing nations.

Table of Contents


Josh Lerner and Antoinette Schoar

I International Perspectives on the Nature of Entrepreneurship

1 Explaining International Differences in Entrepreneurship

Silvia Ardagna and Annamaria Lusardi

2 Who Are the Microenterprise Owners?

Suresh de Mel, David Mckenzie, and Christopher Woodruff

3 Business Ownership and Self-Employment in Developing Economies

Camilo Mondragón-Vélez and Ximena Peña

4 Entrepreneurship and Firm Formation across Countries

Leora Klapper, Raphael Amit, and Mauro F. Guillén

5 Does Less Market Entry Regulation Generate More Entrepreneurs?

Sendhil Mullainathan and Philipp Schnabl

The International Asian Business Success Story?

Robert W. Fairlie, Julie Zissimopoulos, and Harry Krashinsky

7 Are There Cultural Determinants of Entrepreneurship?

Rajkamal Iyer and Antoinette Schoar

II International Perspectives on Policies Toward Entrepreneurship

8 Entrepreneurship and Credit Constraints

Claire Lelarge, David Sraer, and David Thesmar

9 Government Sponsored versus Private Venture Capital

James A. Brander, Edward J. Egan, and Thomas F. Hellmann