The impacts of the entrepreneurial conditions on economic growth: Evidence from OECD countries

dc.contributor.authorGomes, Sofia
dc.contributor.authorFerreira, João J. M.
dc.contributor.authorLopes, João M.
dc.contributor.authorFarinha, Luís
dc.date.accessioned2022-07-12T09:43:19Z
dc.date.available2022-07-12T09:43:19Z
dc.date.issued2022-07-12
dc.description.abstractThis study aims to assess the impacts of entrepreneurial framework conditions on economic growth based on the level of economic development in transition-driven economies and innovation- driven economies. The data were organised into a panel (2000–2019) and obtained from the National Expert Survey (NES), the Global Monitor Entrepreneurship (GEM), and the World Bank. By applying the generalised method of moments (GMM) estimation, we found that R&D transfer has a negative impact on economic growth that is innovation-driven, but positively impacts transition-driven economies. The results further highlighted that regardless of the level of development of the country, business and professional infrastructure do not positively impact economic growth. However, taxes and bureaucracy and physical and service infrastructure were shown to positively impact only innovation-driven economies, as in transition-driven economies, they were shown to have negative impacts on economic growth. The present study contributes to a better understanding of the link between economic growth and the conditions for entrepreneurship in economies with different degrees of economic growth. This study can serve as a basis for policy makers to adjust or develop new policies to accelerate economic growth.pt_PT
dc.identifier.citationGomes, S., Ferreira, J., Lopes, J. M., & Farinha, L. (2022). The impacts of the entrepreneurial conditions on economic growth: Evidence from OECD countries. Economies, 10(7), 163. https://doi.org/10.3390/economies10070163. Repositório Institucional UPT. http://hdl.handle.net/11328/4346pt_PT
dc.identifier.doihttps://doi.org/10.3390/economies10070163pt_PT
dc.identifier.issn2227-7099 (Electronic)
dc.identifier.urihttp://hdl.handle.net/11328/4346
dc.language.isoengpt_PT
dc.peerreviewedyespt_PT
dc.publisherMDPI - Multidisciplinary Digital Publishing Institutept_PT
dc.rightsopen accesspt_PT
dc.rights.urihttp://creativecommons.org/licenses/by/4.0/pt_PT
dc.subjectEntrepreneurshippt_PT
dc.subjectFramework conditionspt_PT
dc.subjectGlobal Entrepreneurship Monitor (GEM)pt_PT
dc.subjectTransition economiespt_PT
dc.subjectTransition-driven economiespt_PT
dc.subjectInnovation-driven economiespt_PT
dc.subjectEconomic growthpt_PT
dc.titleThe impacts of the entrepreneurial conditions on economic growth: Evidence from OECD countriespt_PT
dc.typejournal articlept_PT
degois.publication.firstPage163pt_PT
degois.publication.issue7pt_PT
degois.publication.titleEconomiespt_PT
degois.publication.volume10pt_PT
dspace.entity.typePublicationen
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