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What is Entrepreneurship Economics?. Definition of entrepreneurship Don’t waste your time! But be clear! Self-employment versus company founding People.

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Presentation on theme: "What is Entrepreneurship Economics?. Definition of entrepreneurship Don’t waste your time! But be clear! Self-employment versus company founding People."— Presentation transcript:

1 What is Entrepreneurship Economics?

2 Definition of entrepreneurship Don’t waste your time! But be clear! Self-employment versus company founding People versus firms Small firms Young firms Privately-held firms Focus only on ambitious growth oriented firms? Focus only on innovative firms? Focus on X-funded firms? X = VC, Angels, Grants, etc…

3 Overlapping areas of economics Core EconomicsRelated Disciplines Labor Innovation Industrial organization Finance Urban Development Behavioral Organizational Macro (?) Strategic Management Organizational Behavior Law and economics Psychology Political science (?)

4 Challenges Need more research Need better data Need sharper questions Do we need to maintain link to broader economics areas or is this a stand-alone subfield? Do we need more contact with entrepreneurship non-economics? Do we need greater integration within the entrepreneurship economics literature? Implications for practice Large public policy challenge!

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