High growth entrepreneurs, public policies and economic growth

André van Stel, Jolanda Hessels (), Erik Stam and Kashifa Suddle

No H200608, Scales Research Reports from EIM Business and Policy Research

Abstract: This paper investigates whether the presence of ambitious entrepreneurs is a more important determinant of national economic growth than entrepreneurial activity in general. We use data from the Global Entrepreneurship Monitor to test the extent to which high growth ambitions of entrepreneurs affect GDP growth for a sample of 36 countries. Our results suggest that ambitious entrepreneurship contributes more strongly to macro-economic growth than entrepreneurial activity in general. We find a particularly strong effect of highexpectation entrepreneurship for transition countries. These results are interpreted in light of the ongoing debate about public policies designed to stimulate high growth start-ups.

Pages: 30 pages
Date: 2006-08-25
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Citations: View citations in EconPapers (4)

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http://www.entrepreneurship-sme.eu/pdf-ez/H200608.pdf (application/pdf)

Related works:
Chapter: High-Growth Entrepreneurs, Public Policies, and Economic Growth (2009)
Working Paper: High Growth Entrepreneurs, Public Policies and Economic Growth (2007)
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Persistent link: https://EconPapers.repec.org/RePEc:eim:papers:h200608

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