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Entrepreneurship in Recession
This timely volume discusses the role of entrepreneurship in recessions. Simon Parker has selected the key contributions in the literature, which seek to explain why economies enter into and emerge from recession, and the involvement of entrepreneurs in this process. A central theme is the contribution of entrepreneurship to the creation and propagation of business cycles. A combination of theoretical and empirical studies is included, and there is a particular focus on a salient issue which arises in recessions, namely unemployment. The book will be a useful resource for scholars and policy-makers interested in entrepreneurship, business cycles, economic growth and recessions.
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Contributors
Contents
More Information
This timely volume discusses the role of entrepreneurship in recessions. Simon Parker has selected the key contributions in the literature, which seek to explain why economies enter into and emerge from recession, and the involvement of entrepreneurs in this process. A central theme is the contribution of entrepreneurship to the creation and propagation of business cycles. A combination of theoretical and empirical studies is included, and there is a particular focus on a salient issue which arises in recessions, namely unemployment. The book will be a useful resource for scholars and policy-makers interested in entrepreneurship, business cycles, economic growth and recessions.
Contributors
28 articles, dating from 1940 to 2009
Contributors include: Z. Acs, B. Bernanke, D. Evans, M. Gertler, P. Gompers, B. Jovanovic, S. Kuznets, J. Lerner, A. Shleifer, D. Storey
Contributors include: Z. Acs, B. Bernanke, D. Evans, M. Gertler, P. Gompers, B. Jovanovic, S. Kuznets, J. Lerner, A. Shleifer, D. Storey
Contents
Contents:
Acknowledgements
Introduction Simon C. Parker
PART I RECESSIONS, BUSINESS CYCLES AND ENTREPRENEURSHIP: THEORY
1. Simon Kuznets (1940), ‘Schumpeter’s Business Cycles’
2. Andrei Shleifer (1986), ‘Implementation Cycles’
3. Patrick Francois and Huw Lloyd-Ellis (2003), ‘Animal Spirits Through Creative Destruction’
4. Gadi Barlevy (2007), ‘On the Cyclicality of Research and Development’
5. Ricardo J. Caballero and Mohamad L. Hammour (1994), ‘The Cleansing Effect of Recessions’
6. Maitreesh Ghatak, Massimo Morelli and Tomas Sjöström (2007), ‘Entrepreneurial Talent, Occupational Choice, and Trickle Up Policies’
7. Ben Bernanke and Mark Gertler (1989), ‘Agency Costs, Net Worth, and Business Fluctuations’
8. Adriano A. Rampini (2004), ‘Entrepreneurial Activity, Risk, and the Business Cycle’
PART II RECESSIONS, BUSINESS CYCLES AND ENTREPRENEURSHIP: EVIDENCE
9. Richard Highfield and Robert Smiley (1987), ‘New Business Starts and Economic Activity: An Empirical Investigation’
10. David B. Audretsch and Zoltan J. Acs (1994), ‘New-Firm Startups, Technology, and Macroeconomic Fluctuations’
11. Jeffrey R. Campbell (1998), ‘Entry, Exit, Embodied Technology, and Business Cycles’
12. Emilio Congregado, Antonio A. Golpe and Simon Parker (2009), ‘The Dynamics of Entrepreneurship: Hysteresis, Business Cycles and Government Policy’
13. Virginie Pérotin (2006), ‘Entry, Exit, and the Business Cycle: Are Cooperatives Different?’
14. Ross Gittell and Jeffrey Sohl (2000), ‘Technology Centres During the Economic Downturn: What Have We Learned?’
15. Paul Gompers and Josh Lerner (2002), ‘Short-Term America Revisited? Boom and Bust in the Venture Capital Industry and the Impact on Innovation’
16. J. Kim DeDee and Douglas W. Vorhies (1998), ‘Retrenchment Activities of Small Firms during Economic Downturn: An Empirical Investigation’
17. John A. Pearce II and Steven C. Michael (1998), ‘Marketing Strategies that Make Entrepreneurial Firms Recession-Resistant’
18. Robert L. Boyd (2000), ‘Race, Labor Market Disadvantage, and Survivalist Entrepreneurship: Black Women in the Urban North During the Great Depression’
PART III UNEMPLOYMENT AND ENTREPRENEURSHIP
19. Peter Johnson (1981), ‘Unemployment and Self-Employment: A Survey’
20. D.J. Storey (1991), ‘The Birth of New Firms – Does Unemployment Matter? A Review of the Evidence’
21. D.J. Storey and A.M. Jones (1987), ‘New Firm Formation – A Labour Market Approach to Industrial Entry’
22. David S. Evans and Linda S. Leighton (1990), ‘Small Business Formation by Unemployed and Employed Workers’
23. Nigel Meager (1992), ‘Does Unemployment Lead to Self-Employment?’
24. Alfonso Alba-Ramirez (1994), ‘Self-Employment in the Midst of Unemployment: The Case of Spain and the United States’
25. Raquel Carrasco (1999), ‘Transitions To and From Self-Employment in Spain: An Empirical Analysis’
26. Marc Cowling and Peter Mitchell (1997), ‘The Evolution of U.K. Self-Employment: A Study of Government Policy and the Role of the Macroeconomy’
27. Henry S. Farber (1999), ‘Alternative and Part-Time Employment Arrangements as a Response to Job Loss’
28. A. Roy Thurik, Martin A. Carree, André van Stel and David B. Audretsch (2008), ‘Does Self-Employment Reduce Unemployment?’
Acknowledgements
Introduction Simon C. Parker
PART I RECESSIONS, BUSINESS CYCLES AND ENTREPRENEURSHIP: THEORY
1. Simon Kuznets (1940), ‘Schumpeter’s Business Cycles’
2. Andrei Shleifer (1986), ‘Implementation Cycles’
3. Patrick Francois and Huw Lloyd-Ellis (2003), ‘Animal Spirits Through Creative Destruction’
4. Gadi Barlevy (2007), ‘On the Cyclicality of Research and Development’
5. Ricardo J. Caballero and Mohamad L. Hammour (1994), ‘The Cleansing Effect of Recessions’
6. Maitreesh Ghatak, Massimo Morelli and Tomas Sjöström (2007), ‘Entrepreneurial Talent, Occupational Choice, and Trickle Up Policies’
7. Ben Bernanke and Mark Gertler (1989), ‘Agency Costs, Net Worth, and Business Fluctuations’
8. Adriano A. Rampini (2004), ‘Entrepreneurial Activity, Risk, and the Business Cycle’
PART II RECESSIONS, BUSINESS CYCLES AND ENTREPRENEURSHIP: EVIDENCE
9. Richard Highfield and Robert Smiley (1987), ‘New Business Starts and Economic Activity: An Empirical Investigation’
10. David B. Audretsch and Zoltan J. Acs (1994), ‘New-Firm Startups, Technology, and Macroeconomic Fluctuations’
11. Jeffrey R. Campbell (1998), ‘Entry, Exit, Embodied Technology, and Business Cycles’
12. Emilio Congregado, Antonio A. Golpe and Simon Parker (2009), ‘The Dynamics of Entrepreneurship: Hysteresis, Business Cycles and Government Policy’
13. Virginie Pérotin (2006), ‘Entry, Exit, and the Business Cycle: Are Cooperatives Different?’
14. Ross Gittell and Jeffrey Sohl (2000), ‘Technology Centres During the Economic Downturn: What Have We Learned?’
15. Paul Gompers and Josh Lerner (2002), ‘Short-Term America Revisited? Boom and Bust in the Venture Capital Industry and the Impact on Innovation’
16. J. Kim DeDee and Douglas W. Vorhies (1998), ‘Retrenchment Activities of Small Firms during Economic Downturn: An Empirical Investigation’
17. John A. Pearce II and Steven C. Michael (1998), ‘Marketing Strategies that Make Entrepreneurial Firms Recession-Resistant’
18. Robert L. Boyd (2000), ‘Race, Labor Market Disadvantage, and Survivalist Entrepreneurship: Black Women in the Urban North During the Great Depression’
PART III UNEMPLOYMENT AND ENTREPRENEURSHIP
19. Peter Johnson (1981), ‘Unemployment and Self-Employment: A Survey’
20. D.J. Storey (1991), ‘The Birth of New Firms – Does Unemployment Matter? A Review of the Evidence’
21. D.J. Storey and A.M. Jones (1987), ‘New Firm Formation – A Labour Market Approach to Industrial Entry’
22. David S. Evans and Linda S. Leighton (1990), ‘Small Business Formation by Unemployed and Employed Workers’
23. Nigel Meager (1992), ‘Does Unemployment Lead to Self-Employment?’
24. Alfonso Alba-Ramirez (1994), ‘Self-Employment in the Midst of Unemployment: The Case of Spain and the United States’
25. Raquel Carrasco (1999), ‘Transitions To and From Self-Employment in Spain: An Empirical Analysis’
26. Marc Cowling and Peter Mitchell (1997), ‘The Evolution of U.K. Self-Employment: A Study of Government Policy and the Role of the Macroeconomy’
27. Henry S. Farber (1999), ‘Alternative and Part-Time Employment Arrangements as a Response to Job Loss’
28. A. Roy Thurik, Martin A. Carree, André van Stel and David B. Audretsch (2008), ‘Does Self-Employment Reduce Unemployment?’
