Entrepreneurship and economic theory

Simon C. Parker* (Corresponding Author)

*Corresponding author for this work

Research output: Contribution to journalArticlepeer-review

22 Citations (Scopus)


This article discusses economic theories of entrepreneurship, drawing principally on work conducted in labour economics, microeconomics, macroeconomics, and financial economics. The article explains how incentives and constraints of various kinds affect occupational choices and entrepreneurial innovation, as well as how entrepreneurial decisions affect macroeconomic performance. Implications for public policy are drawn.

Original languageEnglish
Pages (from-to)540-564
Number of pages25
JournalOxford Review of Economic Policy
Issue number4
Publication statusPublished - 19 Sept 2018

Bibliographical note

I would like to thank participants of the special issue’s editorial seminar for helpful comments on an earlier draft. The usual disclaimer applies.

Publisher Copyright:
© The Author(s) 2018. Published by Oxford University Press.


  • Economics
  • Entrepreneurial finance
  • Entrepreneurship
  • Innovation
  • Occupational choice


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