High Growth Entrepreneurs, Public Policies and Economic Growth

Erik Stam, Kashifa Suddle, Jolanda Hessels () and André van Stel
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Kashifa Suddle: EIM Business and Policy Research

No 2007-019, Jena Economics Research Papers from Friedrich-Schiller-University Jena

Abstract: This paper investigates whether the presence of ambitious entrepreneurs is a more important determinant of national economic growth than entrepreneurial activity in general. We use data from the Global Entrepreneurship Monitor to test the extent to which high growth ambitions of entrepreneurs affect GDP growth for a sample of 36 countries. Our results suggest that ambitious entrepreneurship contributes more strongly to macro-economic growth than entrepreneurial activity in general. We find a particularly strong effect of high-expectation entrepreneurship for transition countries. These results are interpreted in light of the ongoing debate about public policies designed to stimulate high growth start-ups.

Keywords: entrepreneurial activity; high growth entrepreneurs; growth ambitions; high growth start-ups; public policy; economic growth (search for similar items in EconPapers)
JEL-codes: L16 L21 M13 O11 O40 O57 (search for similar items in EconPapers)
Date: 2007-06-20
New Economics Papers: this item is included in nep-cse and nep-ent
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (21)

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https://oweb.b67.uni-jena.de/Papers/jerp2007/wp_2007_019.pdf (application/pdf)

Related works:
Chapter: High-Growth Entrepreneurs, Public Policies, and Economic Growth (2009)
Working Paper: High growth entrepreneurs, public policies and economic growth (2006)
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Persistent link: https://EconPapers.repec.org/RePEc:jrp:jrpwrp:2007-019

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