Skip to main content

Towards a Macro Theory of Entrepreneurial Creativity

  • Chapter
  • First Online:
Creativity and Entrepreneurial Performance

Part of the book series: Exploring Diversity in Entrepreneurship ((EDE))

Abstract

At a societal level does creativity play a substantial role in economic development? How important is entrepreneurial creativity at the macro-economic level? What does the evidence show us?

This is a preview of subscription content, log in via an institution to check access.

Access this chapter

Chapter
USD 29.95
Price excludes VAT (USA)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever
eBook
USD 39.99
Price excludes VAT (USA)
  • Available as EPUB and PDF
  • Read on any device
  • Instant download
  • Own it forever
Hardcover Book
USD 54.99
Price excludes VAT (USA)
  • Durable hardcover edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Purchases are for personal use only

Institutional subscriptions

References

  • Acs ZJ, Audretsch DB (1989) Small-firm entry in US manufacturing. Economica 56:255–265

    Article  Google Scholar 

  • Ali AM, Crain WM (2002) Institutional distortions, economic freedom and growth. Cato J 21(3):415–426

    Google Scholar 

  • Anselin L, Varga A, Acs Z (1997) Local geographic spillovers between university research and high technology innovations. J Urban Econ 42:422–448

    Article  Google Scholar 

  • Armington C, Odle M (1983) Further examination of sources of recent employment growth: analysis of USEEM data for 1976 to 1980. Unpublished paper, The Brookings Institution

    Google Scholar 

  • Audretsch DB, Acs Z (1994) New firm startups, technology, and macroeconomic fluctuations. Small Bus Econ 6:439–449

    Article  Google Scholar 

  • Becker GS (1993) Human capital: a theoretical and empirical analysis with special reference to education, 3rd edn. The University of Chicago Press, Chicago

    Book  Google Scholar 

  • Beugelsdijk S, Noorderhaven N (2004) Entrepreneurial attitude and economic growth: a cross-section of 54 regions. Ann Region Sci 38:199–218

    Article  Google Scholar 

  • Bhidé AV (2000) The origin and evolution of new businesses. Oxford University Press, Oxford

    Google Scholar 

  • Birch D (1979) Who creates jobs? Public Interest 65:3–14

    Google Scholar 

  • Birch D (1987) Job creation in America: how our smallest companies put the most people to work. Free Press, New York

    Google Scholar 

  • Blanchflower DG, Burgess SM (1996) Job creation and job destruction in Great Britain in the 1980s. Ind Labour Relat Rev 50(1):17–38

    Article  Google Scholar 

  • Blanchflower D, Oswald AJ (1992) Entrepreneurship, happiness and supernormal returns: evidence from Britain and the US. National Bureau of Economic Research, Working paper no. 4228, Cambridge

    Google Scholar 

  • Bosma N, Schutjens V (2011) Understanding regional variation in entrepreneurial activity and entrepreneurial attitude in Europe. Ann Region Sci 47:711–742

    Article  Google Scholar 

  • Bruce D, Mohsin M (2006) Tax policy and entrepreneurship: new time series evidence. Small Bus Econ 26(5):409–425

    Article  Google Scholar 

  • Bull I, Winter F (1991) Community differences in business births and business growths. J Bus Venturing 6(1):29–43

    Article  Google Scholar 

  • Davidsson P (2003) The domain of entrepreneurship research: some suggestions. In: Katz JA, Shepherd D (eds) Cognitive approaches to entrepreneurship research, vol 6, Advances in entrepreneurship, firm emergence and growth. JAI, Amsterdam/London, pp 315–372

    Chapter  Google Scholar 

  • Davidsson P, Lindmark L, Olofsson C (1998) The extent of overestimation of small firm job creation – an empirical examination of the regression bias. Small Bus Econ 11(1):87–100

    Article  Google Scholar 

  • Dean TJ, Brown RL (1995) Pollution regulation as a barrier to new firm entry: initial evidence and implications for future research. Acad Manage J 38(1):288–303

    Article  Google Scholar 

  • Dean TJ, Meyer GD (1992) New venture formations in manufacturing industries: a conceptual and empirical analysis. In: Churchill N, Birley S, Bygrave W, Muzyka D, Wahlbin C, Wetzel W (eds) Frontiers of entrepreneurship research. Babson College, Babson Park, pp 173–187

    Google Scholar 

  • Dean TJ, Brown RL, Bamford C (1998) Differences in large and small firm responses to environmental context: strategic implications from a comparative analysis of business formations. Strategic Manage J 19:709–728

    Article  Google Scholar 

  • Djankov S, Ganser T, McLiesh C, Ramalho R, Shleifer A (2010) The effect of corporate taxes on investment and entrepreneurship. Am Econ J Macroecon 2(3):31–64

    Article  Google Scholar 

  • Donegan M, Drucker J, Goldstein H, Lowe N, Malizia E (2008) Which indicators explain metropolitan economic performance best? J Am Plann Assoc 74(2):180–195

    Article  Google Scholar 

  • Doyle J, Gallagher CC (1987) The size distribution, growth potential, and job-generation contribution of UK firms, 1982–84. Int Small Bus J 6(1):31–56

    Article  Google Scholar 

  • Eckhardt JT, Shane SA (2011) Industry changes in technology and complementary assets and the creation of high-growth firms. J Bus Venturing 26(4):412–430

    Article  Google Scholar 

  • Evans DS, Leighton LS (1989) Some empirical aspects of entrepreneurship. Am Econ Rev 79:519–535

    Google Scholar 

  • Gentry W, Hubbard R (2000) Tax policy and entrepreneurial entry. Am Econ Rev Pap Proc 90(2):283–292

    Article  Google Scholar 

  • Gertler M, Gates G, Florida R, Vinodrai T (2002) Competing on creativity: placing Ontario’s cities in North American context, Research report. The Urban Institute, Washington, DC

    Google Scholar 

  • Goldstein H, Drucker J (2006) The economic development impacts of universities on regions: do size and distance matter? Econ Dev Quart 20(1):22–43

    Article  Google Scholar 

  • Grant D (1996) The political economy of new business formation across the American states, 1970–1985. Soc Sci Quart 77(1):28–42

    Google Scholar 

  • Guesnier B (1994) Regional variations in new form formation in France. Region Stud 28(4):347–358

    Article  Google Scholar 

  • Hayton JC, Cacciotti G (2013) Is there an entrepreneurial culture? A review of empirical research. Entrepren Region Dev 25(9–10):708–731

    Article  Google Scholar 

  • Kreft SF, Sobel RS (2005) Public policy, entrepreneurship, and economic freedom. Cato J 25(3):595–616

    Google Scholar 

  • Lee SY, Florida R, Acs ZJ (2004) Creativity and entrepreneurship: a regional analysis of new firm formation. Region Stud 38(8):879–891

    Article  Google Scholar 

  • Marlet GA, van Woerkens CM (2004) Het economisch belang van de creatieve klasse. ESB 89(4435):280–283

    Google Scholar 

  • Marrocu E, Paci R (2012) Regional development and creativity. Int Region Sci Rev 36(3):354–391

    Article  Google Scholar 

  • McClelland DC (1961) The achieving society. Van Nostrand, Princeton

    Book  Google Scholar 

  • McMillan J, Woodruff C (2002) The central role of entrepreneurs in transition economies. J Econ Perspect 16(3):153–170

    Article  Google Scholar 

  • Pennings J (1982) Organizational birth frequencies: an empirical investigation. Adm Sci Q 27:120–144

    Article  Google Scholar 

  • Picot G, Dupuy R (1998) Job creation by size class: the magnitude, concentration and persistence of job gains and losses in Canada. Small Bus Econ 10(2):110–139

    Article  Google Scholar 

  • Picot G, Baldwin J, Dupuy R (1994) Have small firms created a disproportionate share of new jobs in Canada? A reassessment of the facts. Presented at the Canadian Economics Association meetings, Calgary

    Google Scholar 

  • Polèse M (2012) The arts and local economic development: can a strong arts presence uplift local economies? A study of 135 Canadian cities. Urban Stud 49(8):1811–1835

    Article  Google Scholar 

  • Rausch S, Negrey C (2006) Does the creative engine run? A consideration of the effect of creative class on economic strength and growth. J Urban Affair 28(5):473–489

    Article  Google Scholar 

  • Roll R, Talbott J (2003) Political freedom, economic liberty, and prosperity. J Democracy 14(3):75–89

    Article  Google Scholar 

  • Rosenberg N (1976) Perspectives on technology. Cambridge University Press, Cambridge

    Book  Google Scholar 

  • Schell D, David W (1981) The community infrastructure of entrepreneurship: a socio-political analysis. In: Vesper KH (ed) Frontiers of entrepreneurship research. Babson College, Babson Park, pp 563–590

    Google Scholar 

  • Schuetze HJ, Bruce D (2004) Tax policy and entrepreneurship. Swedish Econ Policy Rev 11(2):235–265

    Google Scholar 

  • Schumpeter JA (1911 [1934]) The theory of economic development. Oxford University Press, New York

    Google Scholar 

  • Shane S (1996) Hybrid organizational arrangements and their implications for firm growth and survival: a study of new franchisors’. Acad Manage 39(1):216–234

    Article  Google Scholar 

  • Shane S (2003) A general theory of entrepreneurship: the individual-opportunity Nexus. Edward Elgar, Cheltenham

    Book  Google Scholar 

  • Small Business Administration and Executive Office of the President (1999) The state of small business: 1999, Washington, DC

    Google Scholar 

  • Small Business Administration, Office of Advocacy (1998) Small business growth by major industry, 1988–1995, Washington, DC

    Google Scholar 

  • Solow RM (1957) Technical change and the aggregate production function. Rev Econ Stat 39(3):312–320

    Article  Google Scholar 

  • Spilling O (1996) Do small firms create jobs? J Enterp Cult 4(2):147–161

    Article  Google Scholar 

  • Sternberg R, Litzenberger T (2004) Regional clusters in Germany – their geography and their relevance for entrepreneurial activities. Eur Plan Stud 12(6):767–791

    Article  Google Scholar 

  • Tamásy C (2006) Determinants of regional entrepreneurship dynamics in contemporary Germany: a conceptual and empirical analysis. Region Stud 40(4):364–384

    Google Scholar 

  • Tekiner AC (1980) Need achievement and international differences in income growth: 1950–1960. Econ Dev Cult Change 28(2):293–320

    Article  Google Scholar 

  • van Auken H, Stephens P, Fry FL (2006) The influence of role models on entrepreneurial intentions. J Dev Entrepren 2(3):325–336

    Google Scholar 

  • Wennekers S, van Stel A, Thurik R, Reynolds P (2005) Nascent entrepreneurship and the level of economic development. Discussion papers on entrepreneurship, growth and public policy. Max Planck Institute for Research into Economic Systems, Jena

    Google Scholar 

  • Weymouth S, Broz JL (2013) Government partisanship and property rights: cross-country firm-level evidence. Econ Polit 25(2):229–256

    Article  Google Scholar 

  • Wong PK, Ho YP, Autio E (2005) Entrepreneurship, innovation and economic growth: evidence from G.E.M. data. Small Bus Econ 24(3):335

    Article  Google Scholar 

Download references

Author information

Authors and Affiliations

Authors

Rights and permissions

Reprints and permissions

Copyright information

© 2015 Springer International Publishing Switzerland

About this chapter

Cite this chapter

McMullan, W.E., Kenworthy, T.P. (2015). Towards a Macro Theory of Entrepreneurial Creativity. In: Creativity and Entrepreneurial Performance. Exploring Diversity in Entrepreneurship. Springer, Cham. https://doi.org/10.1007/978-3-319-04726-3_11

Download citation

Publish with us

Policies and ethics