Entrepreneurial Wage Dynamics in the Knowledge Economy

Authors: Korobow, Adam K.

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  • ISBN 978-1-4615-1121-2
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About this book

The role that small firms and entrepreneurship play in economic development has been particularly contentious. Joseph Schumpeter (1911), in his early work, argued that through a process of "creative destruction," small and new firms would serve as agents of change and a catalyst for innovation and growth. But, he later rescinded this view, instead concluding that large corporations were the engines of growth. Just as it seemed that a consensus had emerged among scholars and policy makers that small business was at best superfluous and at worst a drag on growth and economic development, David Birch provided evidence that, in fact, small firms were the engines of job creation. The early skepticism of challenge to Birch's findings revolved around methodology and measurement. However, a wave of subsequent studies by different authors, spanning different time periods, sectors, and even countries, generally confirmed Birch's original findings-for most developed countries and in most time periods, small business has provided most of the job creation.

Table of contents (6 chapters)

  • New Firms, Wages, and the Knowledge Economy

    Korobow, Adam K.

    Pages 1-8

  • Review of the Literature

    Korobow, Adam K.

    Pages 9-21

  • Firm-Size, Wages, and the Role of Knowledge

    Korobow, Adam K.

    Pages 23-33

  • Measurement: The Data Base

    Korobow, Adam K.

    Pages 35-64

  • Measuring and Comparing the Wage Trajectories of New and Small Firms in Different Sectors: Does Knowledge Intensity Play a Role?

    Korobow, Adam K.

    Pages 65-88

Buy this book

eBook $84.99
price for USA (gross)
  • ISBN 978-1-4615-1121-2
  • Digitally watermarked, DRM-free
  • Included format: PDF
  • ebooks can be used on all reading devices
  • Immediate eBook download after purchase
Softcover $109.00
price for USA
  • ISBN 978-1-4613-5404-8
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
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Bibliographic Information

Bibliographic Information
Book Title
Entrepreneurial Wage Dynamics in the Knowledge Economy
Authors
Copyright
2002
Publisher
Springer US
Copyright Holder
Springer Science+Business Media Dordrecht
eBook ISBN
978-1-4615-1121-2
DOI
10.1007/978-1-4615-1121-2
Softcover ISBN
978-1-4613-5404-8
Edition Number
1
Number of Pages
XV, 125
Topics