Total factor productivity and the role of entrepreneurship
| Autor: | Piet Donselaar, Roy Thurik, Hugo Erken |
|---|---|
| Přispěvatelé: | Applied Economics |
| Jazyk: | angličtina |
| Rok vydání: | 2018 |
| Předmět: |
Entrepreneurship
Labour economics Commercial law jel:E20 Odds jel:O40 jel:L26 Total factor productivity research and development entrepreneurship OECD Accounting 0502 economics and business Per capita Economics 050207 economics Business and International Management Total factor productivity Engineering(all) 05 social sciences General Engineering Oecd countries Variable (computer science) jel:O30 jel:O50 Workforce jel:M13 jel:O10 Demographic economics 050203 business & management |
| Zdroj: | The Journal of Technology Transfer, 23(6), 1493-1521. Kluwer Academic |
| ISSN: | 1573-7047 0892-9912 |
| DOI: | 10.1007/s10961-016-9504-5 |
| Popis: | The absence of evidence in the scholarly literature for a tested long-term relationship between entrepreneurship and economic growth is at odds with the importance attributed to entrepreneurship in the policy arena. The present paper addresses this absence, introducing entrepreneurship using four different and accepted models explaining the total factor productivity of twenty OECD countries with data for the period 1969–2010. Traditionally, entrepreneurship is not addressed in these models. We show that in all models—as well as a joint one—entrepreneurship has a significant influence while the remaining effects largely stay the same. Entrepreneurship is measured as the business ownership rate (number of business owners per workforce) corrected for the level of economic development (GDP per capita). |
| Databáze: | OpenAIRE |
| Externí odkaz: |
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