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WIDER Research Papers, United Nations University (UNU) >
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http://hdl.handle.net/10419/45126
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Full metadata record
| DC Field | | Value | | Language |
| dc.contributor.author | | Naudé, Wim | | en_US |
| dc.date.accessioned | | 2010-02-17 | | en_US |
| dc.date.accessioned | | 2011-04-26T07:41:20Z | | - |
| dc.date.available | | 2011-04-26T07:41:20Z | | - |
| dc.date.issued | | 2009 | | en_US |
| dc.identifier.isbn | | 978-92-9230-168-2 | | en_US |
| dc.identifier.uri | | http://hdl.handle.net/10419/45126 | | - |
| dc.description.abstract | | Improved governance and lower start-up costs may not be sufficient for encouraging the type of entrepreneurship that matters for economic growth. Using panel data on 60 countries spanning the period 2003-07 this paper establishes that (i) opportunitymotivated entrepreneurship (as opposed to necessity-motivated entrepreneurship) drives economic growth; (ii) governance and the start-up costs are not significant determinants of opportunity entrepreneurship; and (iii) better governance leads to higher economic growth. This implies that better governance and lower start-up costs, widely advocated as measures to promote entrepreneurship in developing countries, may not in fact be enough. Indeed, despite poorer governance and higher start-up costs, rates of opportunity-motivated entrepreneurship are higher in developing countries. Second, better governance can lead to better growth through reducing the impact of destructive entrepreneurship (including rent-seeking), even though this may not result in a reallocation of effort from destructive towards opportunity-motivated entrepreneurship. The paper concludes by discussing whether these results call in question the popular belief that a lack of opportunity-motivated entrepreneurship constrains developing country growth, and whether there is justification for more proactive government support for entrepreneurship. | | en_US |
| dc.language.iso | | eng | | en_US |
| dc.publisher | | UNU-WIDER Helsinki | | en_US |
| dc.relation.ispartofseries | | Research paper / UNU-WIDER 2009.01 | | en_US |
| dc.subject.jel | | M13 | | en_US |
| dc.subject.jel | | L26 | | en_US |
| dc.subject.jel | | O10 | | en_US |
| dc.subject.jel | | O14 | | en_US |
| dc.subject.ddc | | 330 | | en_US |
| dc.subject.keyword | | entrepreneurship | | en_US |
| dc.subject.keyword | | development | | en_US |
| dc.subject.keyword | | institutions | | en_US |
| dc.subject.stw | | Entrepreneurship-Ansatz | | en_US |
| dc.subject.stw | | Unternehmensentwicklung | | en_US |
| dc.subject.stw | | Wirtschaftswachstum | | en_US |
| dc.subject.stw | | Welt | | en_US |
| dc.title | | Out with the sleaze, in with the ease: Insufficient for entrepreneurial development? | | en_US |
| dc.type | | Working Paper | | en_US |
| dc.identifier.ppn | | 589773720 | | en_US |
| dc.rights | | http://www.econstor.eu/dspace/Nutzungsbedingungen | | en_US |
| Appears in Collections: | | WIDER Research Papers, United Nations University (UNU)
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