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The Impacts of the Entrepreneurial Conditions on Economic Growth: Evidence from OECD Countries

dc.contributor.authorGomes, Sofia
dc.contributor.authorFerreira, João José De Matos
dc.contributor.authorLopes, João
dc.contributor.authorFarinha, Luís
dc.date.accessioned2022-08-23T08:50:51Z
dc.date.available2022-08-23T08:50:51Z
dc.date.issued2022
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.description.versioninfo:eu-repo/semantics/publishedVersionpt_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.pt_PT
dc.identifier.doihttps://doi.org/10.3390/economies10070163pt_PT
dc.identifier.urihttp://hdl.handle.net/10400.6/12304
dc.language.isoengpt_PT
dc.peerreviewedyespt_PT
dc.relationResearch Unit in Business Sciences
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 article
dspace.entity.typePublication
oaire.awardTitleResearch Unit in Business Sciences
oaire.awardURIinfo:eu-repo/grantAgreement/FCT/6817 - DCRRNI ID/UIDB%2F04630%2F2020/PT
oaire.citation.titleEconomiespt_PT
oaire.fundingStream6817 - DCRRNI ID
person.familyNameGomes
person.familyNameFerreira
person.familyNameLopes
person.familyNameManuel do Carmo Farinha
person.givenNameSofia
person.givenNameJoão
person.givenNameJoão
person.givenNameLuís
person.identifierD-8657-2019
person.identifier.ciencia-idB415-29D7-EC1A
person.identifier.ciencia-id3F18-9015-5CA7
person.identifier.ciencia-id2A15-2F67-8E45
person.identifier.ciencia-id8618-CBA6-5070
person.identifier.orcid0000-0002-0326-0655
person.identifier.orcid0000-0002-5928-2474
person.identifier.orcid0000-0002-2968-4026
person.identifier.orcid0000-0003-1705-5000
person.identifier.ridK-7669-2012
person.identifier.scopus-author-id57216734360
person.identifier.scopus-author-id25959981800
project.funder.identifierhttp://doi.org/10.13039/501100001871
project.funder.nameFundação para a Ciência e a Tecnologia
rcaap.rightsopenAccesspt_PT
rcaap.typearticlept_PT
relation.isAuthorOfPublication1d545ec5-97e3-4688-8115-0901e0494378
relation.isAuthorOfPublication05278588-4db8-408b-992d-f78f326a988e
relation.isAuthorOfPublicationcc7427d2-d1ca-4847-b3af-1b1608acaae6
relation.isAuthorOfPublicationf1ed766c-074e-4147-bd97-f92e8f7c65e8
relation.isAuthorOfPublication.latestForDiscovery1d545ec5-97e3-4688-8115-0901e0494378
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