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Institutional and economic drivers of entrepreneurship: An international perspective

Virginia Simón-Moya, Lorenzo Revuelto-Taboada and Rafael Fernández Guerrero

Journal of Business Research, 2014, vol. 67, issue 5, 715-721

Abstract: Entrepreneurial activity varies significantly across countries and over time. The economic and institutional context is a determining factor that can drive and lend shape to entrepreneurial activity. The search for a deeper understanding of the role of this factor constitutes a promising and important research stream. A thorough review of the specialist literature identifies groups of countries with similar economic and institutional environments. Subsequent analysis highlights differences in entrepreneurial activity and innovation outcomes between these homogeneous groups. Results indicate significant differences, not only in entrepreneurial activity, but also in the type of entrepreneurship and innovation results. These findings mark a relevant step forward in the identification of different environment types, and the effects of environment on entrepreneurial activity and innovation results.

Keywords: Entrepreneurial activity; Innovation; Institutional context; Economic context (search for similar items in EconPapers)
Date: 2014
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Citations: View citations in EconPapers (63)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:jbrese:v:67:y:2014:i:5:p:715-721

DOI: 10.1016/j.jbusres.2013.11.033

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