Introduction and overview: 1. The linkages between entrepreneurship, SMEs and the macroeconomy Zoltan J. Acs, Bo Carlsson and Charlie Karlsson

Part I. Entrepreneurship, Industrial Dynamics and the Macro Economy: 2. Entrepreneurhsip and the theory of the firm Mark Casson

3. Entrepreneurship, and economic restructuring: an evolutionary view David Audretsch

4. Business volatility: source or symptom of economic growth? Paul D. Reynolds

5. Industry structure, entrepreneurship, and the macro economy: a comparison of Ohio and Sweden, 1975-1995 Pontus Braunerhjelm and Bo Carlsson

Part II. Financing Entrepreneurship and SMEs: 6. Small business cessation: failure to learn by doing? Robert Cressey

7. Capital structure at inception and the short-run performance of micro firms Gavin C. Reid

8. Resource allocation, incentives, and control: the importance of venture capital in financing entrepreneurial firms Paul A. Gompers

Part III. Job Creation and Destruction: 9. Job creation and destruction by employer size and age: cyclical dynamics John Haltiwanger

10. SMEs and job creation during a recession Per Davidsson, Leif Lindmark and Christer Oloffson

11. Job flows of firms in traditional services Luuk Klop and Roy Thurik

Part IV. Innovation, Productivity and Growth: 12. Innovation in UK SMEs: causes and consequences for firm failure and acquisition Andy Cosh, Alan Hughes and Eric Wood

13. Productivity growth and firm size distribution Zoltan J. Acs, Randal Morck and Bernard Yeung.