Abstract
In recent decades entrepreneurs have been particularly important for the economy because of their contribution to new jobs, innovation and flexibility. Each of the concepts of entrepreneurship considered in the previous chapter provides differing perspectives of the importance of entrepreneurs in the economy. Now the significance of small firms is considered, reflecting on the entrepreneur as an owner-manager of a business. Also the importance of new, and small, firms in a dynamic economy is discussed, reflecting entrepreneurship as the event of creating an organization, as a source of innovation and as a form of behaviour.
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© 2000 Keith S. Glancey and Ronald W. McQuaid
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Glancey, K.S., McQuaid, R.W. (2000). Entrepreneurship in the Economy. In: Campling, J. (eds) Entrepreneurial Economics. Palgrave Macmillan, London. https://doi.org/10.1057/9780333981245_2
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DOI: https://doi.org/10.1057/9780333981245_2
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-1-349-40873-3
Online ISBN: 978-0-333-98124-5
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