The Economics of Entrepreneurship

Simon C. Parker is Professor of Entrepreneurship at the Ivey Business School, University of Western Ontario, and Research Fellow at the Institute for the Study of Labour (IZA), in Bonn, Germany. He is Field Editor for the Journal of Business Venturing, Co-Editor at the Journal of Economics and Management Strategy, and on the editorial board of the Academy of Management Review. He has published over eighty peer-reviewed articles in economics, entrepreneurship and management journals.

• 1. Introduction; Part I. Selection: 2. Individual-level theories of entrepreneurship; 3. Regional- and macroeconomic-level theories of entrepreneurship; 4. Empirical methods in entrepreneurship research; 5. Individual-level determinants of entrepreneurship; 6. Evidence of regional and macro-level determinants of entrepreneurship; 7. Ethnic entrepreneurship and immigration; 8. Female entrepreneurship; Part II. Financing: 9. Debt finance for entrepreneurial ventures; 10. Venture capital and business angel finance; 11. Other sources of entrepreneurial finance; 12. Wealth and entrepreneurship; Part III. Performance: 13. Entrepreneurial venture growth; 14. Rent seeking, entrepreneurial effort and employment creation; 15. Entrepreneurs' incomes and returns to human capital; 16. Innovation; 17. Venture survival and entrepreneurial exit; Part IV. Public Policy: 18. Principles of entrepreneurship policy; 19. Finance and innovation policies; 20. Regulation; 21. Taxation, entrepreneurship support programs and indirect government policies.

'For those looking to understand the up-to-date thinking and research about entrepreneurship, this is the book for you. Simon C. Parker takes the broad view in weaving together a coherent, integrated and thoughtful analysis of what is known about entrepreneurship, why it matters and how we know it. His careful and meticulous command of the subject combined with lively writing makes his subject come to life. The book is not just essential reading for anyone interested in entrepreneurship but also a pleasure to read.' David Audretsch, Indiana University