The effect of entrepreneurship on national economic growth: An empirical analysis using the GEM data base

André van Stel, Roy Thurik and Martin Carree

No N200320, Scales Research Reports from EIM Business and Policy Research

Abstract: The increased importance of knowledge as a source of competitiveness for modern economies suggests that the organization of industries most conducive to innovative activity and unrestrained competition will be linked to higher growth rates. Entrepreneurial activity is generally assumed to be an important aspect of this organization. In the present paper we investigate whether a new and promising concept, Total Entrepreneurial Activity, influences GDP growth for 36 countries in a recent period. We will also test whether this influence depends upon the level of economic development measured as GDP per capita. Un update of this report is made on Januari 2005 (N200419)

Pages: 21 pages
Date: 2004-01-30
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Citations: View citations in EconPapers (9)

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Persistent link: https://EconPapers.repec.org/RePEc:eim:papers:n200320

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