Why is export-oriented entrepreneurship more prevalent in some countries than others? Contextual antecedents and economic consequences

Sebastian Aparicio, David Audretsch and David Urbano

Journal of World Business, 2021, vol. 56, issue 3

Abstract: Drawing on institutional economics, this article investigates how different contexts condition the prevalence of export-oriented entrepreneurship, which affects economic growth. We place emphasis on the differences between developed and developing countries through interaction effects that allow us to test for differential validity. Using simultaneous equation panel data models for a sample of 43 countries (2004–2012), we find that access to credit and access to communications are the most significant factors in explaining the export-oriented entrepreneurship required for economic growth. Policy implications for both developed and developing countries are suggested to enhance economic performance under specific context characteristics through export-oriented entrepreneurship.

Keywords: Export-oriented entrepreneurship; Economic growth; Institutional context; Institutional economics; International entrepreneurship; Developing and developed countries (search for similar items in EconPapers)
Date: 2021
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Citations: View citations in EconPapers (10)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:worbus:v:56:y:2021:i:3:s109095162030105x

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DOI: 10.1016/j.jwb.2020.101177

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