Showing papers by "Sameeksha Desai published in 2009"
Posted Content•
TL;DR: In this paper, the authors discuss the difficulties associated with measuring entrepreneurship in developing countries and discuss three important dichotomies in the research on entrepreneurship: formal-informal, legal-illegal, and necessity-opportunity.
Abstract: This paper discusses the difficulties associated with measuring entrepreneurship in developing countries. Three important dichotomies in the research on entrepreneurship are discussed: formal-informal, legal-illegal, and necessity-opportunity. Several common measures of entrepreneurship are outlined along with their relevance to developing countries, including self-employment, Global Entrepreneurship Monitor data, World Bank Group Entrepreneurship Survey data and OECD data. The implications of the current understanding of entrepreneurship are discussed with respect to institutions and economic development.
94 citations
01 Jan 2009
TL;DR: The role of entrepreneurship in economic development is the subject of much interest to academic and policy circles alike as discussed by the authors, and entrepreneurship is often credited with many positive changes in developing countries, at the very least, it is associated with job creation, wealth creation, innovation and related welfare effects.
Abstract: The role of entrepreneurship in economic development is the subject of much interest to academic and policy circles alike. Entrepreneurship is often credited with many positive changes in developing countries. At the very least, it is associated with job creation, wealth creation, innovation and related welfare effects. A strong small business sector and entrepreneurship are usually linked to a strong economy (Beck et al. 2005). Across developed and developing countries, entrepreneurship has become a critical part of economic development strategies — even goals.
62 citations
Posted Content•
TL;DR: In this article, the authors define destructive entrepreneurship as wealth-destroying and propose three assumptions to develop a model of destructive entrepreneurship that presents the mechanisms through which entrepreneurial talent behaves in this manner.
Abstract: The current research on entrepreneurship as an economic phenomenon often assumes its desirability as a driver of economic development and growth. However, entrepreneurial talent can be allocated among productive, unproductive and destructive activities. This process is theorized as driven by institutions. Although the tradeoff between productive and unproductive entrepreneurship has been examined, destructive entrepreneurship has been largely ignored. We build from existing theory and define destructive entrepreneurship as wealth-destroying. We propose three assumptions to develop a model of destructive entrepreneurship that presents the mechanisms through which entrepreneurial talent behaves in this manner. We present four key propositions on the nature and behavior of destructive entrepreneurship. We conclude by identifying policy and research streams that emerge from our model.
11 citations
Posted Content•
TL;DR: In this article, the authors find that making a distinction between creative and business talent explains systematic differences in other-regarding behavior, and that uncreative business talent is significantly less otherregarding than creative business talent, finding applicable to both certain and risky payoffs with and without negative externalities.
Abstract: Talent allocation models assume that entrepreneurial talent is selfish and thus allocates into unproductive or even destructive activities if these offer the highest private returns. This paper experimentally analyzes other-regarding preferences of entrepreneurial talent. We find that making a distinction between creative talent and business talent explains systematic differences in other-regarding behavior. Generally, business talent is less willing, and creative talent more willing, to forego private payoffs to avoid losses to others. A moderator analysis reveals that uncreative business talent is significantly less other-regarding than creative business talent, a finding applicable to both certain and risky payoffs with and without negative externalities. The paper makes a contribution to entrepreneurship research by qualifying the implications of talent allocation models and discovering the importance of distinguishing between the two types of entrepreneurial talent. We also add to the field of experimental economics by advancing research on social preferences under risk and with negative externalities. JEL-classification: C91 - Laboratory, Individual Behavior, D62 – Externalities, D64 – Altruism, L26 - Entrepreneurship