La innovación como determinante pare el emprendimiento
Innovation as determinant of entrepreneurship
José Alberto Molina () and
Jorge Velilla ()
MPRA Paper from University Library of Munich, Germany
This project analyzes specifically how innovation and technological aspects influence the entrepreneurial activity around the world and in Spain. Recent international microdata GEM Global Individual (2014) are applied using a novel econometric methodology based on the Machine Learning techniques for selecting variables based on their predictive ability. Our results, both for Spain and internationally, support the importance of innovation as a critical component of the enterprise, characterizing in this way an "entrepreneurship by innovative vocation" in the sense that the fundamental reason that motivates entrepreneurship is the desire to deliver new services, products or technologies.
Keywords: Enprepreneurship; Innovation; Machine Learning; GEM Data (search for similar items in EconPapers)
JEL-codes: D22 J21 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-cse, nep-ent, nep-ino and nep-sbm
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:71471
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