Entrepreneurship, productivity and digitalization: Evidence from the EU

Noha Ghazy, Hebatallah Ghoneim and Guenter Lang

Technology in Society, 2022, vol. 70, issue C

Abstract: This paper examines the relationship between entrepreneurship and productivity for the 27 EU member countries using panel data. Given the critical role that digitalization plays in the entrepreneurial ecosystem, the model was estimated using the Digital Economy and Society Index (DESI) and its subcomponents as instruments for entrepreneurship. The results show a significant positive relationship between entrepreneurship and productivity, as well as a positive relation between digitalization and entrepreneurship. Moreover, all components of the DESI index except for Human Capital also demonstrate a positive relationship with entrepreneurship. These results provide policymakers with a digital agenda to stimulate entrepreneurship as an engine of productivity and growth and shed light on the importance of empirically evaluating entrepreneurship in the light of digitalization.

Keywords: Entrepreneurship; Productivity; Digitalization; DESI index; Panel data (search for similar items in EconPapers)
JEL-codes: J24 L26 O33 (search for similar items in EconPapers)
Date: 2022
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (7)

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0160791X22001932
Full text for ScienceDirect subscribers only

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:eee:teinso:v:70:y:2022:i:c:s0160791x22001932

DOI: 10.1016/j.techsoc.2022.102052

Access Statistics for this article

Technology in Society is currently edited by Charla Griffy-Brown

More articles in Technology in Society from Elsevier
Bibliographic data for series maintained by Catherine Liu ().