The role of entrepreneurship in stimulating economic growth in developed and developing countries

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dc.contributor.author Doran, Justin
dc.contributor.author McCarthy, Nóirín
dc.contributor.author O'Connor, Marie
dc.date.accessioned 2018-04-05T13:48:42Z
dc.date.available 2018-04-05T13:48:42Z
dc.date.issued 2018-03-02
dc.identifier.citation Doran, J., McCarthy, N. and O’Connor, M. (2018) 'The role of entrepreneurship in stimulating economic growth in developed and developing countries', Cogent Economics & Finance, 6(1) 1442093, (12pp). doi: 10.1080/23322039.2018.1442093 en
dc.identifier.volume 6 en
dc.identifier.startpage 1442093-1 en
dc.identifier.endpage 1442093-14 en
dc.identifier.issn 2332-2039
dc.identifier.uri http://hdl.handle.net/10468/5742
dc.identifier.doi 10.1080/23322039.2018.1442093
dc.description.abstract This paper analyses whether different measure of entrepreneurship can explain economic growth. It utilises 14 difference indicators of entrepreneurship to analyse the contribution of entrepreneurial activity, aspirations, and attitudes to Gross Domestic Product (GDP) per capita. It also examines whether the importance of entrepreneurship varies across high-income and middle/low-income countries. An unbalanced panel of 55 countries over the time period 2004–2011 is used. Fourteen different indicators of entrepreneurship are utilised and are condensed into three components using principle components analysis. Regression analysis is then used to assess whether these three different components of entrepreneurship drive economic growth. The results indicate that entrepreneurial attitudes are found to stimulate GDP per capita in high-income countries while entrepreneurial activity is found to have a negative effect in middle/low-income economies. en
dc.format.mimetype application/pdf en
dc.language.iso en en
dc.publisher Cogent OA en
dc.rights © 2018 The Author(s). This open access article is distributed under a Creative Commons Attribution (CC-BY) 4.0 license. en
dc.rights.uri https://creativecommons.org/licenses/by/4.0/ en
dc.subject Entrepreneurship en
dc.subject Economic growth en
dc.subject Developing countries en
dc.title The role of entrepreneurship in stimulating economic growth in developed and developing countries en
dc.type Article (peer-reviewed) en
dc.internal.authorcontactother Noirin McCarthy, Economics, University College Cork, Cork, Ireland. +353-21-490-3000 Email: noirin.mccarthy@ucc.ie en
dc.internal.availability Full text available en
dc.date.updated 2018-04-05T11:59:31Z
dc.description.version Published Version en
dc.internal.rssid 426489172
dc.description.status Peer reviewed en
dc.identifier.journaltitle Cogent Economics and Finance en
dc.internal.copyrightchecked No !!CORA!! en
dc.internal.licenseacceptance Yes en
dc.internal.IRISemailaddress noirin.mccarthy@ucc.ie en
dc.internal.IRISemailaddress justin.doran@ucc.ie en


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© 2018 The Author(s). This open access article is distributed under a Creative Commons Attribution (CC-BY) 4.0 license. Except where otherwise noted, this item's license is described as © 2018 The Author(s). This open access article is distributed under a Creative Commons Attribution (CC-BY) 4.0 license.
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