Theories of Entrepreneurship, Innovation and the Business Cycle

Parker, Simon C.

doi:10.1002/9781118427248.ch2

Cited by 13 publications

(17 citation statements)

References 22 publications

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“…Consistent with Parker (2012), three broad classes are apparent, notably: models of creative destruction; models of innovation and implementation cycles and models of production within the framework of information asymmetry.…”

Section: Theoretical Underpinningsmentioning

confidence: 79%

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Mobile Phone Innovation and Entrepreneurship in Sub-Saharan Africa

Asongu

Biekpe

2017

SSRN Journal

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This study assesses how knowledge diffusion modulates the effect of the mobile phone on Second, the mobile phone interacts with education (the internet) to have a positive (negative) net effect on the time needed to construct a warehouse whereas, the corresponding interaction with the internet yields a net negative effect on the time to enforce a contract. Third, there is a positive net effect from the interaction of mobile phones with education on the time to start a business. Given the construction of the education variable, the positive net effects from education are consistent with corresponding negative net effects from the other knowledge diffusion variables. The main policy implication is that mobile phone innovation (by means of internet penetration, scientific output and quality education) decreases constraints of entrepreneurship. Suggestions on how to boost these knowledge diffusion channels are discussed. Other practical and theoretical implications are also covered. To the best our knowledge, this is the first inquiry to assess the relevance of mobile phone innovation in entrepreneurship in Sub-Saharan Africa.

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Section: Theoretical Underpinningsmentioning

confidence: 79%

“…The first strand articulates Schumpeter's theory of business cycles and creative destruction (Schumpeter, 1927(Schumpeter, , 1939 Aghion & Howitt, 1998;Parker, 2012);…”

Section: Theoretical Underpinningsmentioning

confidence: 99%

Mobile Phone Innovation and Entrepreneurship in Sub-Saharan Africa

Asongu

Biekpe

2017

SSRN Journal

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“…One study explores the involvement of entrepreneurs in economies entering or emerging from recessions [7]. Another study identifies three strands of theories on the interplay between entrepreneurs and their innovation and the business cycle [8]. A third study provides a policymaker's perspective on the links between entrepreneurship and the business cycle [9].…”

Section: Interplay Between Entrepreneurship and The Business Cyclementioning

confidence: 99%

Entrepreneurship and the business cycle

Thurik¹

2014

iza

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we study the cyclical pattern of entrepreneurial activity. Results across 22 OECD countries for the period show that entrepreneurial activity is a leading indicator of the business cycle in a Granger-causality sense. This contradicts existing theoretical hypotheses which predict that entrepreneurship is pro-cyclical or not cyclical. We discuss the causes and implications of this finding which have immense policy relevance during the second economic crisis of the 21 st century. JEL Codes: L26, E32

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“…According to Parker (2012), three broad categories have been documented, notably: models of creative destruction; models of innovation and implementation cycles and models of production within the framework of information asymmetry.…”

Section: Stylize Facts Theoretical Underpinnings Intuition and Relamentioning

confidence: 99%

“…Some examples of 'creative destruction' include, among others: the replacement of the telegraph by the telephones; of postal mails by electronic mails and of steam locomotive by diesel and electric trains. There has been an evolving stream of the literature with substantial analysis on disruptive Schumpeterian innovations and creative destruction (Aghion & Howitt, 1998;Parker, 2012).…”

Section: Stylize Facts Theoretical Underpinnings Intuition and Relamentioning

confidence: 99%

Remittances, ICT and Doing Business in Sub-Saharan Africa

2018

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Purpose -This study examines how linkages between information and communication technology (ICT) and remittances affect the doing of business.Design/methodology/approach -The focus is on a panel of 49 sub-Saharan African countries for the period 2000-2012. The empirical evidence is based on Generalised Method of Moments.Findings -While we establish some appealing results in terms of net negative effects on constraints to the doing of business (i.e. time to start a business and time to pay taxes), some positive net effects are also apparent (i.e. number of start-up procedures, time to build a warehouse and time to register a property). We also establish ICT penetration thresholds at which the unconditional effect of remittances can be changed from positive to negative, notably: (i) for the number of start-up procedures, an internet level of 9.00 penetration per 100 people is required while (ii) for the time to build a warehouse, a mobile phone penetration level of 32.33 penetration per 100 people is essential. Practical and theoretical implications are discussed.Originality/value -To the best of our knowledge, this is the first study to assess linkages between ICT, remittances and doing business in Sub-Saharan Africa.JEL Classification: F24; F63; L96 O30; O55

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Theories of Entrepreneurship, Innovation and the Business Cycle

Cited by 13 publications

References 22 publications

Mobile Phone Innovation and Entrepreneurship in Sub-Saharan Africa

Mobile Phone Innovation and Entrepreneurship in Sub-Saharan Africa

Entrepreneurship and the business cycle

Remittances, ICT and Doing Business in Sub-Saharan Africa

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