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Entrepreneurship in Recession

Simon C. Parker

This research review discusses the role of entrepreneurship in recessions. Simon Parker has selected the key contributions to the literature, which seek to explain why economies enter into and emerge from recession, and the involvement of entrepreneurs in this process. A central theme is the contribution of entrepreneurship to the creation and propagation of business cycles. A combination of theoretical and empirical studies is included, and there is a particular focus on a salient issue which arises in recessions, namely unemployment.

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