Are entrepreneurship and cognitive skills related? Some international evidence

Autor: Garett Jones, Rik Hafer
Rok vydání: 2014
Předmět:
Zdroj: Small Business Economics. 44:283-298
ISSN: 1573-0913
0921-898X
DOI: 10.1007/s11187-014-9596-y
Popis: Do national differences in cognitive skills (CS) predict a nation’s likelihood of generating high-quality entrepreneurs who create and expand high-value businesses? We answer this question by estimating cross-country regressions that use the Acs and Szerb Global Entrepreneurship Development Index (GEDI) and a measure of national CS. After including conventional controls we find for a sample of 60 countries that our measure of CS robustly predicts the GEDI (unconditional correlation = 0.65, standardized beta = 0.42), an index that gives weight to both entrepreneurial attitudes within a nation and the institutional and economic prerequisites for creating high-value, high-growth firms. We find that this result also holds for an alternative measure of entrepreneurship.
Databáze: OpenAIRE
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