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https://hdl.handle.net/10419/45126
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DC Field | Value | Language |
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dc.contributor.author | Naudé, Wim | en |
dc.date.accessioned | 2010-02-17 | - |
dc.date.accessioned | 2011-04-26T07:41:20Z | - |
dc.date.available | 2011-04-26T07:41:20Z | - |
dc.date.issued | 2009 | - |
dc.identifier.isbn | 978-92-9230-168-2 | en |
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 |
dc.language.iso | eng | en |
dc.publisher | |aThe United Nations University World Institute for Development Economics Research (UNU-WIDER) |cHelsinki | en |
dc.relation.ispartofseries | |aWIDER Research Paper |x2009/01 | en |
dc.subject.jel | M13 | en |
dc.subject.jel | L26 | en |
dc.subject.jel | O10 | en |
dc.subject.jel | O14 | en |
dc.subject.ddc | 330 | en |
dc.subject.keyword | entrepreneurship | en |
dc.subject.keyword | development | en |
dc.subject.keyword | institutions | en |
dc.subject.stw | Entrepreneurship-Ansatz | en |
dc.subject.stw | Unternehmensentwicklung | en |
dc.subject.stw | Wirtschaftswachstum | en |
dc.subject.stw | Welt | en |
dc.title | Out with the sleaze, in with the ease: Insufficient for entrepreneurial development? | - |
dc.type | Working Paper | en |
dc.identifier.ppn | 589773720 | en |
dc.rights | http://www.econstor.eu/dspace/Nutzungsbedingungen | en |
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