VOL. 4, NO. 5, PGS. 1–7


Can Entrepreneurship Lead to Development?
A conversation with Zoltán J. Ács

This interview was conducted by Javier Toro.

Zoltán J. Ács is Professor of Management at the London School of Economics and Political Science and Professor of Public Policy at George Mason University. He is the author of Global Entrepreneurship, Institutions and Incentives: The Mason Years.

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What is entrepreneurship? Is it self-employment? Is it firm creation?

So let me just tell you a story. About twenty years ago, or maybe longer, a reporter went to Venezuela and wrote an article. He said, “Isn’t it wonderful there is all this entrepreneurship in Venezuela? They are all selling fruits on the corner. They are selling minutes on a [...]

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