| Name: | Description: | Size: | Format: | |
|---|---|---|---|---|
| 708.04 KB | Adobe PDF |
Advisor(s)
Abstract(s)
Entrepreneurship is a phenomenon strongly associated with economic growth, development and
employability, leading countries to compete and often produce reforms to ensure good levels of
entrepreneurship. In this sequence, this study aims to know which types of economies present favourable
institutional environments for entrepreneurs, exploring the link between the ease of doing business and the
three levels of economic development (innovation-driven, efficiency-driven and factor-driven) of 137
economies.
A quantitative methodology through an analysis of variances was adopted, gathering data from the ten pillars proposed by the World Bank in the Doing Business 2019 –
training for reforms report, and economic development levels, provided by Global Competitiveness Report (2017–2018).
In the light of institutional theory, the results showed that innovation-driven economies are more
competitive, presenting more robust institutional environments for entrepreneurs than factor-driven and
efficiency-driven. There is only one exception in the Getting Credit pillar.
This study clarifies some assumptions in the previous literature that developed
economies have better business environments, being the first one to establish this relationship directly. Some
practical implications, especially for international entrepreneurs in the decision-making phase on which type
of economies to carry out their investments and policymakers and researchers, were provided in this study.
Description
Keywords
Institutional theory Ease of doing business Entrepreneurial activity International entrepreneurship Economic development
Citation
Nave, E. and Rodrigues, R.G. (2023), "Economic development levels and ease of doing business: is there a relationship?", Review of International Business and Strategy, Vol. 33 No. 3, pp. 371-396.
Publisher
Emerald