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Entrepreneurial Wage Dynamics in the Knowledge Economy

  • Book
  • © 2002

Overview

Authors:
  1. Adam K. Korobow

    1. National Research Council, U.S. National Academy of Sciences, USA

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Table of contents (6 chapters)

  1. Front Matter

    Pages i-xv
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  2. New Firms, Wages, and the Knowledge Economy

    • Adam K. Korobow
    Pages 1-8

  3. Review of the Literature

    • Adam K. Korobow
    Pages 9-21

  4. Firm-Size, Wages, and the Role of Knowledge

    • Adam K. Korobow
    Pages 23-33

  5. Measurement: The Data Base

    • Adam K. Korobow
    Pages 35-64

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

    • Adam K. Korobow
    Pages 65-88

  7. Conclusions and Findings

    • Adam K. Korobow
    Pages 89-99

  8. Back Matter

    Pages 101-125
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Keywords

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 But, he later rescinded this view, instead concluding that large corporations were the engines of growth.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.

Authors and Affiliations

  • National Research Council, U.S. National Academy of Sciences, USA

    Adam K. Korobow

Bibliographic Information

  • Book Title: Entrepreneurial Wage Dynamics in the Knowledge Economy

  • Authors: Adam K. Korobow

  • DOI: https://doi.org/10.1007/978-1-4615-1121-2

  • Publisher: Springer New York, NY

  • eBook Packages: Springer Book Archive

  • Copyright Information: Springer Science+Business Media Dordrecht 2002

  • Hardcover ISBN: 978-1-4020-7245-1Published: 31 October 2002

  • Softcover ISBN: 978-1-4613-5404-8Published: 23 October 2012

  • eBook ISBN: 978-1-4615-1121-2Published: 06 December 2012

  • Edition Number: 1

  • Number of Pages: XV, 125

  • Topics: Economic Growth, Labor Economics, Entrepreneurship, Industrial Organization

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