Contents: Preface -- 1. Business Creation: Wall Street and Main Street -- 2. Business Creation: Scope and Stability -- 3. Business Creation and Economic Growth: Churning is Good -- 4. New Firms are the Major Source of New Jobs -- 5. Different National Development: Different Business Creation --...

Deniz Ucbasaran, Paul Westhead and Mike Wright use a combination of theory and empirical evidence to illustrate why it is so important for researchers, policymakers, entrepreneurs and investors to distinguish between novice (i.e. first time) entrepreneurs and habitual entrepreneurs. Issues...