ENTREPRENEURSHIP AND ECONOMIC GROWTH: AN EMPIRICAL ANALYSIS

Héctor Salgado-Banda ()
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Héctor Salgado-Banda: Dirección General de Investigación Económica, Banco de México, 5 de Mayo # 18, 4to. Piso, Col. Centro México DF, CP 06059, Mexico

Journal of Developmental Entrepreneurship (JDE), 2007, vol. 12, issue 01, 3-29

Abstract: This study examines the impact of entrepreneurship on economic growth by using a new variable based on patent data to proxy for productive entrepreneurship. Data on self-employment is used as an alternative proxy. The study considers 22 OECD countries and finds a positive relationship between the proposed measure of productive entrepreneurship — degree of innovativeness of different nations — and economic growth, while the alternative measure, based on self-employment, appears to be negatively correlated with economic growth. A battery of econometric specifications and techniques backs the findings.

Keywords: Econometric analysis; economic growth; entrepreneurship; patents; self-employment (search for similar items in EconPapers)
Date: 2007
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Citations: View citations in EconPapers (13)

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DOI: 10.1142/S1084946707000538

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