 Mobile Telephony and New Business Formation Rates in BRICS and Beyond: Does Human Capital Matter?Yazid Abdullahi Abubakar, Jay Mitra and Adeyeye Mercy Modupe Journal of Entrepreneurship and Innovation in Emerging Economies, 2018, vol. 4, issue 2, 137-158 Abstract: Abstract This study examines whether and to what extent ‘domestic’ education level mediates the relationship between mobile phone diffusion and new business formation rates across the developing world, that is, Brazil, Russia, India, China and South Africa (BRICS) and non-BRICS developing countries. Drawing on the knowledge spillover theory (KST) of entrepreneurship, we suggest that the recent rise in domestic education levels might explain the positive association between mobile phone diffusion and new business formation rates. Utilising country-level panel data on 66 developing countries, the results indicate that the mediating effect of education on mobile phone diffusion and new business formation rates is not just limited to developing countries (including BRICS) but that this pattern can also be found in non-BRIC developing nations too, with the exception of the least developed countries (LDCs). We conclude with implications for theory and policy. Keywords: Entrepreneurship; new business formation rates; human capital; technology diffusion; developing countries; knowledge spillover (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:sae:jouent:v:4:y:2018:i:2:p:137-158 Access Statistics for this article More articles in Journal of Entrepreneurship and Innovation in Emerging Economies from Entrepreneurship Development Institute of India |
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