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  • © 2023

Driving Complexity in Economic Development

The Role of Institutions, Entrepreneurship, and Innovation

Palgrave Macmillan
  • Offers specific guidelines toward the improvement of developing economies, notably in the context of Latin America

  • Provides compelling evidence about the effects of entrepreneurship and innovation on outcomes

  • Offers a series of case studies across developed and developing countries

  • 655 Accesses

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Table of contents (13 chapters)

  1. Front Matter

    Pages i-xx
  2. General Introduction

    • Diego Gomez, Sebastian Aparicio, David Urbano
    Pages 1-12
  3. Entrepreneurial Activity and Economic Growth: A Literature Review

    • Diego Gomez, Sebastian Aparicio, David Urbano
    Pages 13-39
  4. Diagnosing the Dynamics of Economic Growth

    • Diego Gomez, Sebastian Aparicio, David Urbano
    Pages 137-165
  5. Taxes and Economic Growth: The Role of the Central Government

    • Diego Gomez, Sebastian Aparicio, David Urbano
    Pages 167-196
  6. The Effects of the Internal Rate of Return on Economic Development: A Country-Level Study

    • Diego Gomez, Sebastian Aparicio, David Urbano
    Pages 197-228
  7. General Conclusions

    • Diego Gomez, Sebastian Aparicio, David Urbano
    Pages 415-431
  8. Back Matter

    Pages 433-440

About this book

This book analyzes the role of institutions in conditioning entrepreneurship and innovation to achieve economic development.

Set against the backdrop of populism, this book is based on the premise that formal and informal institutional factors and entrepreneurship are closely linked and that studying the economic development of both developed and emerging economies can help us disentangle the role of entrepreneurship and innovation in developing countries.

Using institutional economics as a main theoretical framework and the sociotechnical subsystems as a complementary approach, the authors present a detailed literature review to demonstrate that it is possible to identify the true role of entrepreneurship and innovation in the economic development process. The book embraces complexity to better measure and comprehend economic development, bringing a more compelling perspective on the importance of entrepreneurship and innovation for different dimensions of development.

A valuable resource for students, scholars, and policymakers, the authors offer clear recommendations for developing countries.

Keywords

  • economic development
  • developing countries
  • Latin America
  • emerging economies
  • poverty
  • innovation

Authors and Affiliations

  • Fundación ECSIM, Medellin, Colombia

    Diego Gomez

  • Department of Business, Universitat Autònoma de Barcelona, Cerdanyola del Vallès, Spain

    Sebastian Aparicio

  • Department of Business, Universitat Autonoma de Barcelona, Cerdanyola del Vallès, Spain

    David Urbano

About the authors

Diego Gomez is the Executive Director of Fundación ECSIM (Economic Center for Simulation and Modelling) in Medellin, Colombia. Diego’s research explores the complexity involved in the economic development process, taking into consideration the existence of interrelated systems and the role of innovation and entrepreneurship in boosting such relationships.

Sebastian Aparicio is a Serra Hunter Fellow in the Department of Business at Universitat Autònoma de Barcelona (UAB). He is also a Researcher at the Centre for Entrepreneurship and Social Innovation Research (CREIS) and at the Centre for University Entrepreneurship (CIEU-UAB). His research explores the effects of entrepreneurship on economic development.

David Urbano is a Professor of Entrepreneurship at the Department of Business and ICREA-Academia research fellow. Also, he is Director at the Centre for Entrepreneurship and Social Innovation Research (CREIS) (Universitat Autònoma de Barcelona). His research focuses on the analysis of factors affecting entrepreneurship in different contexts, using the institutional approach.

Bibliographic Information

  • Book Title: Driving Complexity in Economic Development

  • Book Subtitle: The Role of Institutions, Entrepreneurship, and Innovation

  • Authors: Diego Gomez, Sebastian Aparicio, David Urbano

  • DOI: https://doi.org/10.1007/978-3-031-34386-5

  • Publisher: Palgrave Macmillan Cham

  • eBook Packages: Business and Management, Business and Management (R0)

  • Copyright Information: The Editor(s) (if applicable) and The Author(s), under exclusive license to Springer Nature Switzerland AG 2023

  • Hardcover ISBN: 978-3-031-34385-8Published: 24 August 2023

  • Softcover ISBN: 978-3-031-34388-9Due: 07 September 2024

  • eBook ISBN: 978-3-031-34386-5Published: 23 August 2023

  • Edition Number: 1

  • Number of Pages: XX, 440

  • Number of Illustrations: 44 b/w illustrations

  • Topics: Entrepreneurship, Development Economics

Buy it now

Buying options

eBook USD 119.00
Price excludes VAT (USA)
  • Available as EPUB and PDF
  • Read on any device
  • Instant download
  • Own it forever
Hardcover Book USD 159.99
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

Other ways to access