Google Search Activity as Entrepreneurship Thermometer

Raúl Gómez Martínez (), Miguel Prado Román and Carmelo Mercado Idoeta
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Raúl Gómez Martínez: Rey Juan Carlos University and European Academy of Management and Business Economics (AEDEM)
Miguel Prado Román: Rey Juan Carlos University and European Academy of Management and Business Economics (AEDEM)

Chapter Chapter 16 in New Challenges in Entrepreneurship and Finance, 2015, pp 225-233 from Springer

Abstract: Abstract Parallel to the use of Internet and the explosion of social networks, there are emerging alternative approaches to the use of surveys that provide us relevant information about many economic variables. Thus, the information of Internet searches that provides Google Trends has been useful to explain financial variables such as investors’ mood, demand, volatility and liquidity of securities or currencies, as well as non-financial variables as labour market or housing market. In this paper we propose an econometric model which can provide the temperature of entrepreneurship from Google search activity for terms related to entrepreneurship and business creation.

Keywords: Ordinary Little Square; Housing Market; Entrepreneurship Activity; Weight Little Square; Global Entrepreneurship Monitor (search for similar items in EconPapers)
Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-319-08888-4_16

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DOI: 10.1007/978-3-319-08888-4_16

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