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Entrepreneurship and the Future of Economic Prosperity

In: Global Entrepreneurship and Development Index 2016

Author

Listed:
  • Zoltan Acs

    (George Mason University)

  • László Szerb

    (University of Pécs)

  • Erkko Autio

    (Imperial College Business School, London)

Abstract

Last year we pointed out an important challenge for the future of the global economy: Whereas rich countries will be challenged to increase their economic productivity to sustain current standards of living as their populations rapidly age, low-income economies will need to integrate more than two billion young adults into the world economy by 2050. Economic initiatives by enterprising individuals are likely to be key in addressing the challenges of long-term productivity in rich countries, whereas poor countries will continue to struggle to integrate their rapidly growing populations into their economies.

Suggested Citation

  • Zoltan Acs & László Szerb & Erkko Autio, 2017. "Entrepreneurship and the Future of Economic Prosperity," SpringerBriefs in Economics, in: Global Entrepreneurship and Development Index 2016, chapter 0, pages 3-17, Springer.
    • Handle: RePEc:spr:spbchp:978-3-319-63844-7_2
    DOI: 10.1007/978-3-319-63844-7_2
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