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An Overview of the Economics of Entrepreneurship and Small Business: The Legacy of David Audretsch

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From Industrial Organization to Entrepreneurship

Abstract

Few scholars can be considered beacons who guide interested (and often disoriented) researchers. David Audretsch is one such scholar, who has shed light on entrepreneurship in a broad sense as well as on the economics of entrepreneurship and small business as a distinct field. Given his noteworthy and abundant contributions, a synthesis is required in order to understand the evolution of entrepreneurial thought from an economics perspective. Based on searches using Google Scholar and Web of Science (WoS), we therefore aim to quantitatively and analytically examine Audretsch’s contributions to the economics of entrepreneurship and small business. We employ bibliometric indicators to identify his seminal and most cited articles. We also use keywords analysis and co-occurrence to identify his key concepts over the years. Complementing this general view, we analyze the content of numerous publications that highlight the ways in which the economics of entrepreneurship and small firms has evolved. Suggestions for future research are also provided, which may prove useful for economists and specialists in related areas in order that the field may continue to advance.

David Urbano acknowledges the financial support from the Spanish Ministry of Economy & Competitiveness [project ECO2017-87885-P], the Economy & Knowledge Department—Catalan Government [project 2017-SGR-1056] and ICREA under the ICREA Academia Programme. Additionally, Sebastian Aparicio acknowledges Durham University Business School for constant help and support.

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Authors and Affiliations

  1. Department of Business and Centre for Entrepreneurship and Social Innovation Research (CREIS), Universitat Autònoma de Barcelona, Barcelona, Spain

    David Urbano

  2. Durham University, Durham University Business School, Durham, UK

    Sebastian Aparicio

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  1. Business and Economics, Augsburg University, Augsburg, Bayern, Germany

    Erik E. Lehmann

  2. Wedgebrook Music Productions, Berlin, Germany

    Max Keilbach

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Urbano, D., Aparicio, S. (2019). An Overview of the Economics of Entrepreneurship and Small Business: The Legacy of David Audretsch. In: Lehmann, E., Keilbach, M. (eds) From Industrial Organization to Entrepreneurship. Springer, Cham. https://doi.org/10.1007/978-3-030-25237-3_26

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