Why encouraging more people to become entrepreneurs is bad public policy

Small Business Economics

Volumn 33, Issue 2, 2009, Pages 141-149

  Shane, Scott ^a  

^a CASE WESTERN RESERVE UNIVERSITY   (United States)

Author keywords

Economic growth; Entrepreneurship; Entrepreneurship Award Winner; Job creation; New firm formation

Indexed keywords

EID: 70349682360     PISSN: 0921898X     EISSN: 15730913     Source Type: Journal    
DOI: 10.1007/s11187-009-9215-5     Document Type: Article

References (36)

1. Acs, Z. J., & Armington, C. (2004). Employment growth and entrepreneurial activity in cities. Regional Studies,38(8), 911-927.
2. Armington, C., & Acs, Z. J. (2003). Job creation and persistence in services and manufacturing. Discussion Papers on Entrepreneurship, Growth, and Public Policy, Max Planck Institute, Number 1604.
3. Baumgartner, H., & Caliendo, M. (2007). Turning unemployment into self-employment: Effectiveness and efficiency of two start-up programs. SSRN Working Paper, Number 976874.
4. Bernstein, D. (2002). Fringe benefits and small businesses: Evidence from the Federal Reserve Board small business survey. Applied Economics,34(16), 2063-2067.
5. Blanchflower, D. G. (2000). Self-employment in OECD countries. Labour Economics,7(5), 471-505.
6. Blau, D. (1987). A time series analysis of self-employment in the United States. Journal of Political Economy,95(3), 445-465.
7. Bogenhold, D., & Staber, U. (1991). The decline and rise of self-employment. Work, Employment and Society,5(2), 223-239.
8. Brown, Gordon. (1998). Steering a course for stability. Speech to the board of governors of the International Monetary Fund. Downloaded from http://imf.org/external/am/(1998)/speeches/PR54GBE.pdf. Accessed on 27 Feb 2009.
9. Bureau of Labor Statistics. (2008). Overview of Bureau of labor statistics data. Downloaded from http://data.bls.gov/cgi-bin/surveymost?bls. Accessed on 27 Feb 2009.
10. Bush, G. W. (2006). Speech to the small business week conference. Downloaded from http://www.whitehouse.gov/news/releases/(2006)/04/(2006)0413-2.html.
11. Carree, M., van Stel, A., Thurik, A. R., & Wennekers, S. (2002). Economic development and business ownership: An analysis using data of 23 OECD countries in the period 1976-1996. Small Business Economics,19(3), 271-290.
12. Case, J. (1995). The wonderland economy. Downloaded from http://www.inc.com/magazine/19950515/2686.html.
13. Davidsson, P., & Delmar, F. (2000). Some important observations concerning job creation by firm size and age. Downloaded from http://eprints.qut.edu.au/archive/00002078/01/renc98.pdf. Accessed on 27 Feb 2009.
14. Davis, S. J., & Haltiwanger, J. (1992). Gross job creation, gross job destruction, and employment reallocation. Quarterly Journal of Economics,107(3), 819-862.
15. Gompers, P. A., & Lerner, J. (2001). The Money of Invention: How venture capital creates new wealth. Boston: Harvard Business School Publishing.
16. Haltiwanger, J., Lane, J., & Speltzer, J. (1999). Productivity differences across employers: The roles of employer size, age, and human capital. American Economic Review Papers and Proceedings,89(2), 94-98.
17. Haynes, G. (2001). Wealth and income: How did small businesses fare from 1989 to 1998? Report for the U.S. Small Business Administration, Contract number SBAHQ-00-M-0502.
18. Henrekson, M. (2007). Entrepreneurship and institutions. Comparative Law and Policy Journal,28(4), 717-742.
19. Henrekson, M., & Johansson, D. (2009). Gazelles as job creators: A survey and interpretation of the evidence. Small Business Economics, forthcoming.
20. Hippel, S. (2004). Self-employment in the United States: An update. Monthly Labor Review, July, 13-23.
21. Hurst, E., & Lusardi, A. (2004). Liquidity constraints, household wealth, and entrepreneurship. Journal of Political Economy,112(2), 319-347.
22. InvestinFrance.org. (2008). Save money by thinking: The best research tax credit in Europe. Downloaded from http://www.invest-in-france.org/international/en/the-best-research-tax-credit-in-europe.html.
23. Johnson, P. (2004). Differences in regional firm formation rates: A decomposition analysis. Entrepreneurship Theory and Practice,28(5), 431-445.
24. Justlanded.com. (2008). Grants and subsidies in France. Downloaded from http://www.justlanded.com/english/France/Tools/Just-Landed-Guide/Business/Grants-Subsidies-in-France.
25. Kirchhoff, B. A. (1994). Entrepreneurship and dynamic capitalism. Westport, CT: Praeger.
26. Knaup, A. (2005). Survival and longevity in the business employment dynamics data. Monthly Labor Review, May, 50-56.
27. Lazear, E. M. (2005). Entrepreneurship. Journal of Labor Economics,23(4), 649-680.
28. National Venture Capital Association (2004). Venture Impact (2004). Downloaded from http://www.nvca.org/pdf/VentureImpact2004.pdf.
29. Noorderhaven, N., Thurik, A. R., Wennekers, S., & van Stel, A. (2004). The role of dissatisfaction and per capita income in explaining self-employment across 15 European countries. Entrepreneurship Theory and Practice,28(5), 447-466.
30. Persson, H. (2004). The survival and growth of new establishments in Sweden, 1987-1995. Small Business Economics,23(5), 423-440.
31. Pratt, J. (1999). Homebased business: The hidden economy. Report for the Office of Advocacy, U.S. Small Business Administration, Contract number SBAHQ-97-M-0862.
32. Reynolds, P. D., & White, S. (1997). The entrepreneurial process: Economic growth, men, women, and minorities. Westport, CT: Greenwood Publishing Company.
33. Small Business Administration (2007). SBIC Program Overview. November. Downloaded from www.sba.gov/idc/groups/public/documents/sba_program_office/inv_sbic_program_overview.ppt. Accessed on Feb 27 2009.
34. Wagner, J. (1994). The post-entry performance of new small firms in German manufacturing industries. Journal of Industrial Economics,42(2), 141-154.
35. Wagner, J. (1997). Firm size and job quality: A survey of the evidence from Germany. Small Business Economics,9(5), 411-425.
36. Wellington, A. (2001). Health insurance coverage and entrepreneurship. Contemporary Economic Policy,19(4), 465-478.