Entrepreneurship and income inequality

Halvarsson, Daniel; Korpi, Martin; Wennberg, Karl

doi:10.1016/j.jebo.2017.11.003

Cited by 102 publications

(86 citation statements)

References 67 publications

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“…The importance of entrepreneurship in fueling economic growth has dawned on policymakers worldwide, yet identification of factors that are key drivers of entrepreneurship is far from complete. Researchers have considered numerous influences on entrepreneurship (Acs & Audretsch, 2005; Cebula, Hall, Mixon, & Payne, 2015; Goel & Saunoris, 2018, 2020), and some studies have considered the impact of income inequality on entrepreneurship (Atems & Shand, 2018; Halvarsson, Korpi, & Wennberg, 2018; Ragoubi & El Harbi, 2018). Income inequalities have been persistent in many nations of the world, despite government redistribution efforts.…”

Section: Introductionmentioning

confidence: 99%

Does income inequality sand or grease the wheels of entrepreneurial activity? International evidence

Goel

Saunoris

2020

Australian Economic Papers

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Section: Introductionmentioning

confidence: 99%

Does income inequality sand or grease the wheels of entrepreneurial activity? International evidence

Goel

Saunoris

2020

Australian Economic Papers

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“…This is because prior studies mostly focused on the effects of competitive advantage on organizational performance (Kuo et al 2017); performance and economic wellbeing (Halvarsson et al 2018); and sustainability as a viable strategy to ascertain future success (Danciu 2013). Nevertheless, based on the notions forwarded by Verrest (2013), where entrepreneurship has been regarded as the most suitable channel to overcome economic vulnerability, this study has managed to bridge the existing gap by providing empirical evidence.…”

Section: Discussionmentioning

confidence: 99%

“…It has been reckoned that small business ownership and self-employment are on the rise since past few decades in most economies (Halvarsson et al 2018;Vial and Hanoteau 2015) with governments promoting business startups so as to achieve profitable economic growth (Ragoubi and El Harbi 2017). Although the reasons for new business creation are varied, inequality and poverty continue to remain as one of the main reasons why low-income households get involved in entrepreneurship, hoping for some increased income and wealth.…”

Section: Economic Vulnerability and Entrepreneurshipmentioning

confidence: 99%

“…This view is vastly promoted as it has been assumed that entrepreneurs are wealthy and have better consumption capability. Moreover, past studies have proven that entrepreneurship does reduce the inequality in income distribution (Halvarsson et al 2018), and increases household wealth and income (Gentry and Hubbard 2004). Thus, entrepreneurship has been regarded as livelihood strategy as it complements salaried employment, raises income and labor utilization (Fields 2012), and addresses economic vulnerability (Verrest 2013).…”

Section: Economic Vulnerability and Entrepreneurshipmentioning

confidence: 99%

“…Furthermore, prior studies have proven that entrepreneurship could indeed minimize inequality in income distribution (Halvarsson et al 2018), aside from increasing household wealth and income (Gentry and Hubbard 2004). Hence, entrepreneurship has been regarded as a livelihood strategy as it complements salaried employment, raises income and labor utilization (Fields 2012), and appears to be the answer to overcome economic vulnerability (Verrest 2013).…”

Section: Introductionmentioning

confidence: 99%

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Effect of Economic Vulnerability on Competitive Advantages, Enterprise Performance and Sustainability

et al. 2018

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This study investigated the effect of economic vulnerability upon competitive advantages, performance, and sustainability of micro-enterprises owned and managed by micro-entrepreneurs who participate in varied development initiatives in Peninsular Malaysia. Upon adopting the cross-sectional design, data were randomly collected from selected 300 micro-entrepreneurs from the eKasih program (national poverty data bank) located in four states of Peninsular Malaysia. The quantitative data were collected by conducting structured interview sessions with the respondents held from September until November 2017. The findings revealed that the state of economic vulnerability among the respondents had a significantly negative effect on the aspects of competitive advantages, performance, and sustainability among micro-enterprises in Peninsular Malaysia. Despite of the widely acknowledged and empirically examined effects of socioeconomic antecedents upon micro-enterprise performance, the focus on the effect of a more comprehensive measure of socioeconomic condition, that is, economic vulnerability, among low-income households appears to be scant. Hence, the outcomes of this study are able to provide critical insights for development organizations pertaining to development programs and their effectiveness on economically vulnerable, particularly among low-income households in Peninsular Malaysia.

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The dynamics of link between entrepreneurship, government support and economic growth: Evidence from BRICS countries

Rani

Kumar

2021

Journal of Public Affairs

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The aim of the study is to investigate the dynamics of link between supporting role of BRICS governments in promoting economic growth through entrepreneurship. This paper employs 15 years annual time series data (2004–2018) for five BRICS countries: Brazil, Russia, India, China and South Africa. The study is based on secondary data collected from World Development Indicators (WDI), Global Entrepreneurship Monitor (GEM), Worldwide Governance Indicators (WGI), and Global Entrepreneurship and Development Institute (GEDI). The study revealed that institutional factors (government effectiveness, domestic credit, and perception about opportunities) have an optimistic and considerable impact on entrepreneurial activities in BRICS countries and combination of these three is important to sustainability of the business in today's dynamic environment. Further, ease to access the physical resources, corruption, and public utilities have negative impact on entrepreneurship in these economies. The study also explored that entrepreneurial activities have constructive and noteworthy impact on economic growth in BRICS nations. An entrepreneurial ecosystem is required within each country to sustain novel, dynamic, and swiftly mounting new ventures. The study is unique as it elucidated the significant role of government effectiveness, role of domestic credit, perception about opportunities, ease to access the physical resources, and corruption in promoting the entrepreneurial culture in BRICS economies. Additionally, the study also clarified the imperative function of entrepreneurial activities in overall growth of BRICS economies.

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Entrepreneurship and income inequality

Cited by 102 publications

References 67 publications

Does income inequality sand or grease the wheels of entrepreneurial activity? International evidence

Does income inequality sand or grease the wheels of entrepreneurial activity? International evidence

Effect of Economic Vulnerability on Competitive Advantages, Enterprise Performance and Sustainability

The dynamics of link between entrepreneurship, government support and economic growth: Evidence from BRICS countries

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