Entrepreneurship in Developing Countries

Edited by Thorsten Beck, Florence School of Banking and Finance, European University Institute, Italy

‘This collection of pioneering studies of entrepreneurship provides a solid intellectual foundation for anyone seeking to understand the underlying dynamics of economic development.’

• Contents:AcknowledgementsIntroductionThorsten BeckPART ITHE THEORY OF ENTREPRENEURSHIP 1. Phillipe Aghion and Patrick Bolton (1997), ‘A Theory of Trickle-Down Growth and Development’2. Abhijit V. Banerjee and Andrew F. Newman (1993), ‘Occupational Choice and the Process of Development’3. David S. Evans and Boyan Jovanovic (1989), ‘An Estimated Model of Entrepreneurial Choice under Liquidity Constraints’4. Huw Ellis-Lloyd and Dan Bernhardt (2000), ‘Enterprise, Inequality and Economic Development’5. Anna L. Paulson, Robert M. Townsend and Alexander Karaivanov (2006), ‘Distinguishing Limited Liability from Moral Hazard in a Model of Entrepreneurship’6. Anna L. Paulson and Robert Townsend (2004), ‘Entrepreneurship and Financial Constraints in Thailand’7. Murat F. Iyigun and Ann L. Owen (1999), ‘Entrepreneurs, Professionals and Growth’PART IIENTREPRENEURS, FINANCING CONSTRAINTS, AND MICROFINANCE 8. Christian Ahlin and Neville Jiang (2008), ‘Can Micro-Credit Bring Development?’9. Suresh De Mel, David McKenzie and Christopher Woodruff (2008), ‘Returns to Capital in Microenterprises: Evidence from a Field Experiment’10. Signe-Mary McKernan (2002), ‘The Impact of Microcredit Programs on Self-Employment Profits: Do Noncredit Program Aspects Matter?’11. Christopher Woodruff and Rene Zenteno (2007), ‘Migration Networks and Microenterprises in Mexico’PART IIIINSTITUTIONAL BARRIERS AND ENTREPRENEURSHIP 12. Simeon Djankov, Rafael La Porta, Florencio Lopez de Silanes and Andrei Shleifer (2002), ‘The Regulation of Entry’13. Leora Klapper, Luc Laeven and Raghu Rajan (2006), ‘Entry Regulation as a Barrier to Entrepreneurship’14. Thorsten Beck, Asli Demirgüç-Kunt and Vojislav Maksimovic (2005), ‘Financial and Legal Constraints to Growth: Does Firm Size Matter?’15. Leo Sleuwaegen and Micheline Goedhuys (2002), ‘Growth of Firms in Developing Countries, Evidence from Côte d’Ivoire’16. Luc Laeven and Christopher Woodruff (2007), ‘The Quality of the Legal System, Firm Ownership and Firm Size’17. John McMillan and Christopher Woodruff (2002), ‘The Central Role of Entrepreneurs in Transition Economies’18. Daniel Berkowitz and John E. Jackson (2006), ‘Entrepreneurship and the Evolution of Income Distributions in Poland and Russia’19. Simon Johnson, John McMillan and Christopher Woodruff (2002), ‘Property Rights and Finance’20. Robert Cull and Lixin Colin Xu (2005), ‘Institutions, Ownership and Finance: The Determinants of Profit Reinvestment Among Chinese Firms’PART IVWHO ARE THE ENTREPRENEURS? 21. Simeon Djankov, Yinyi Qian, Gerard Roland and Ekaterina Zhuravskya (2006), ‘Entrepreneurship in China and Russia Compared’22. Raymond J. Fisman (2003), ‘Ethnic Ties and the Provision of Credit: Relationship-Level Evidence from African Firms’23. Mike Burkart, Fausto Panunzi and Andrei Shleifer (2003), ‘Family Firms’24. Marianne Bertrand, Simon Johnson, Krislert Samphantharack and Antoinette Schoar (2008), ‘Mixing Family with Business: A Study of Thai Business Groups and the Families Behind Them’PART VENTREPRENEURS, POLITICIANS AND RENT-SEEKING 25. William J. Baumol (1990), ‘Entrepreneurship: Productive, Unproductive and Destructive’26. Kevin M. Murphy, Andrei Shleifer and Robert W. Vishny (1991), ‘The Allocation of Talent: Implications for Growth’27. Mara Faccio (2006), ‘Politically Connected Firms’28. Raymond Fisman (2001), ‘Estimating the Value of Political Connections’29. Stijn Claessens, Erik Feijen and Luc Laeven (2008), ‘Political Connections and Preferential Access to Finance: The Role of Campaign Contributions’Name Index