Economics at your fingertips  

Entrepreneurship and advancing national level economic efficiency

Kai Du () and Allan O’Connor ()
Additional contact information
Kai Du: University of Adelaide
Allan O’Connor: University of Adelaide

Small Business Economics, 2018, vol. 50, issue 1, 91-111

Abstract: Abstract We explore the channels under which entrepreneurship fosters productivity by disentangling its impact on national level economic efficiency and find that more entrepreneurship in aggregate is not always good for economic growth and, most importantly, identifying the form and activity of entrepreneurship is critical for policy-makers to better manage changes in their economies. Our national level results also suggest that the new product entrepreneurship and to a lesser extent improvement-driven opportunity entrepreneurship both significantly contribute to the improvement of national level efficiency. However, both measures would benefit from further development and it seems a higher coincidence of both is more likely to advance a nation’s economic efficiency.

Keywords: Economic efficiency; Data envelopment analysis; New product entrepreneurship; Improvement-driven opportunity entrepreneurship; Global entrepreneurship monitor (search for similar items in EconPapers)
JEL-codes: C14 D24 L26 O47 P42 (search for similar items in EconPapers)
Date: 2018
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed

Downloads: (external link) Abstract (text/html)
Access to full text is restricted to subscribers.

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:

Ordering information: This journal article can be ordered from
http://www.springer. ... 29/journal/11187/PS2

Access Statistics for this article

Small Business Economics is currently edited by Zoltan J. Acs and David B. Audretsch

More articles in Small Business Economics from Springer
Bibliographic data for series maintained by Sonal Shukla ().

Page updated 2019-04-07
Handle: RePEc:kap:sbusec:v:50:y:2018:i:1:d:10.1007_s11187-017-9904-4