Productive and Non-Productive Entrepreneurship Role in Economic Development (in Persian)

Sadegh Bakhtyari (), Majid Dehghani-zadeh () and Alireza Rayati ()
Additional contact information
Sadegh Bakhtyari: Iran
Majid Dehghani-zadeh: Iran
Alireza Rayati: Iran

The Journal of Planning and Budgeting (٠صلنامه برنامه ریزی و بودجه), 2012, vol. 17, issue 3, 131-159

Abstract: Nowadays, entrepreneurship enjoys an outstandingly important status in economic literature in a way that it is referred to as the engine of economic development. Yet, it is to be noted that in some developing countries the total extent of entrepreneurial activities is high, compared to that of the developed countries though the economic development amount is little among the former group. It is presumed that such a difference could be explained by the share of entrepreneurship in productive and non-productive activities. This article tries to study the role of productive and non-productive entrepreneurship in the economic development of countries. Thus, ‘self-employment’ is taken as an indicator for a non-productive entrepreneurship while ‘innovation’ is employed as an indicator for a productive entrepreneurship. The results of estimating regression model for 60 selected developing and developed countries with panel data method in the period within 1996-2008 demonstrate that ‘self-employment’ has a negative effect on the economic development while ‘innovation’ affects it positively. This research builds on theories of Schumpeter and Baumol and regards innovation-based entrepreneurship as the requirement of accomplishing economic development.

Keywords: Entrepreneurship; Self-Employment; Innovation; Economic Growth; Economic Development (search for similar items in EconPapers)
Date: 2012
References: Add references at CitEc
Citations:

Downloads: (external link)
http://jpbud.ir/article-1-640-en.pdf (application/pdf)
http://jpbud.ir/article-1-640-en.html (text/html)
http://jpbud.ir/article-1-640-fa.html (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:auv:jipbud:v:17:y:2012:i:3:p:131-159

Access Statistics for this article

More articles in The Journal of Planning and Budgeting (٠صلنامه برنامه ریزی و بودجه) from Institute for Management and Planning studies Contact information at EDIRC.
Bibliographic data for series maintained by Nahid Jebeli ( this e-mail address is bad, please contact ).