2019
DOI: 10.35899/biej.v1i3.64
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Entrepreneurial Ecosystem, Entrepreneurial Activity and Economic Performance

Abstract: In this research, we have empirically tested the impact of Entrepreneurial Framework Conditions (EFC) on entrepreneurial activity and ultimately on economic growth of a nation. In our sample all the 54 countries participating in the GEM study in 2017 are taken. 67.8% of the world’s population and 86.0% of the world’s GDP is represented by the economies included in GEM 2017. The entrepreneurial ecosystem is  captured through 12 EFCs used in the GEM model that includes: Financial environment, government policy o… Show more

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