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The entrepreuneurial context, a factor of Economic Growth in the Europe Union? A GWR Analysis on the EU Regions

Jean Bonnet (), Sébastien Bourdin and Fatten Gazzah
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Fatten Gazzah: Normandie University, UNICAEN,, CREM UMR CNRS 6211, France Keywords: entrepreneurship, regional development, GWR, European Union

Economics Working Paper Archive (University of Rennes 1 & University of Caen) from Center for Research in Economics and Management (CREM), University of Rennes 1, University of Caen and CNRS

Abstract: Recently the literature has paid more attention to the entrepreneurial environment, to explain the role of entrepreneurship in the economic development. However nowadays very little empirical contributions demonstrate that the entrepreneurial environment really counts (Acs et al., 2014; Szerb et al., 2015; Acs et al., 2017) in promoting quality entrepreneurship. By using the GWR, we explored the spatial heterogeneity of the role of entrepreneurial context to explain differences in levels of regional development. In our study, the entrepreneurial environment is measured by the Regional Entrepreneurship and Development Index (REDI) for the EU regions. The results show that the entrepreneurial environment on the level of regional development suggests some positive or negative impact, depending on the location of the regions.

JEL-codes: C21 C26 R58 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-pbe
Date: 2017-10
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