Venture Capitalism, New Markets and Innovation-Led Economic Growth

Author(s):  
Cristiano Antonelli ◽  
Morris Teubal
Author(s):  
Miguel-Angel Galindo Martín ◽  
María-Soledad Castaño ◽  
María Teresa Méndez Picazo

There is important literature that analyzes the relationship between entrepreneurship and economic growth. But it is also essential to consider the variables that influence entrepreneurship. In this sense, innovations, institutions, and human capital would be the main variables to consider, as they allow the entrepreneur to create new products, make them more competitive, or access new markets. At the same time, entrepreneurs establish the legal framework and the social climate to develop its activity, so innovations are generated and assimilated. But it is also essential to consider the degree of development and economic growth that countries present.


2019 ◽  
pp. 29-46
Author(s):  
Erald Kolasi

Can economic growth continue forever? This relatively simple question has posed some intellectual headaches for modern capitalism. Capital cannot tolerate any limits—that is, the drive for growth and the search for new markets are both necessary for the political and economic survival of capitalism. Viewed in this light, the implications of the question present something of an existential challenge to the current order. Capitalism cannot acknowledge any natural limits to economic growth, for that would mean acknowledging its ultimate demise. To keep up the pretense that capitalism represents a quasi-eternal and invincible system, most political leaders and economists who support the current order have begun reciting a series of elaborate narratives about the relationship between human economies and the natural world.


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