Garcia-Murillo, Martha Velez-Ospina, Jorge Andres Vargas-Leon, Patricia
Year of Publication:
23rd European Regional Conference of the International Telecommunication Society, Vienna, Austria, 1-4 July 2012
The purpose of this paper is to identify the factors that affect the creation of new firms. We take into consideration economic, political, social and technological factors which should also help governments realize the areas that we found to have the greatest impact. The study relies on data from international organizations from which we construct an ordered probit statistical analysis. The results indicate that investments in both ICT and education enhance the probability of generating new business.
New business ICTs governance income credit education trade