The impact of entrepreneurship on regional economic growth: a perspective of spatial heterogeneity

Xu, Bing; Yu, Haijing; Li, Lili

doi:10.1080/08985626.2021.1872940

Cited by 10 publications

(6 citation statements)

References 63 publications

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“…As previously verified, some literature relates entrepreneurship to economic growth (Xu et al 2021;Khyareh and Amini 2021;Farinha et al 2020). Crowley and McCann (2018) examined firm-level productivity and innovation in Europe's transition-driven and innovation-driven economies.…”

Section: Entrepreneurship and Economic Growthmentioning

confidence: 77%

“…Entrepreneurship plays an important role in economic growth for regions; however, in some geographical spaces, entrepreneurship may not be positive (Xu et al 2021;Farinha et al 2020).…”

Section: Discussionmentioning

confidence: 99%

“…However, the conclusions of this intense debate do not always converge in the same direction. Entrepreneurship often has a direct positive contribution to economic growth, but in some geographic areas, it may not necessarily be positive, as in the cases of some lagging or peripheral regions (Xu et al 2021). Wennekers and Thurik (1999), in their article entitled 'Linking Entrepreneurship and Economic Growth', argued that economic growth is a key issue both in economic policymaking and economic research.…”

Section: Entrepreneurship and Economic Growthmentioning

confidence: 99%

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

et al. 2022

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This 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.

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Section: Entrepreneurship and Economic Growthmentioning

confidence: 77%

“…Entrepreneurship plays an important role in economic growth for regions; however, in some geographical spaces, entrepreneurship may not be positive (Xu et al 2021;Farinha et al 2020).…”

Section: Discussionmentioning

confidence: 99%

Section: Entrepreneurship and Economic Growthmentioning

confidence: 99%

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

et al. 2022

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“…Entrepreneurship is a fundamental element that contributes to the economic growth of countries, stimulates economic activity, and contributes to reducing poverty and increasing the level of employment (Baumol, 1996;Gautam and Lal, 2021;Stel et al, 2005;Xu, 2021). The axis of this relationship is the creation of a new company or economic initiative.…”

Section: Introductionmentioning

confidence: 99%

Bibliometric Analysis of Determining Factors in Entrepreneurial Intention

Rodríguez-Ulcuango

Guerra-Flores²,

Fernández³

et al. 2023

Acad. J. Interdiscip. Stud.

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In entrepreneurship, its various theories and elements gain importance in the academic community for the orientation in the professional and entrepreneurial training processes that are being carried out by higher education institutions HEIs. Therefore, this paper provides a systematic review of the published literature based on the determinants of entrepreneurial intention. To that end, an analysis was conducted using bibliometric and network indicators within the Scopus data source, which was restricted to objective search criteria. The main findings show that, since 1943, certain success factors such as: attitude, learning, behavior, economic growth, education, value creation, incubation resources, personality traits, and entrepreneurial intentions have been linked. Received: 23 November 2022 / Accepted: 22 January 2023 / Published: 5 March 2023

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“…Innovative new ventures (INVs), defined as those ventures characterised by some degree of novelty in the value offered to customers (Bruyat & Julien, 2001; Dyer et al, 2008), represent one of the main topics of interest within the entrepreneurship research field (Shepherd et al, 2021), since they are deemed to be the true source of economic growth and a relevant driver of regional development (Gu & Qian, 2019; Xu et al, 2021). In fact, INVs are associated with job creation, technological development, increased competitiveness and innovation within a region (Berlemann & Jahn, 2016; Brixy, 2014).…”

mentioning

confidence: 99%

Regional Legacy Effects on Radically Innovative New Ventures’ Risks

Loporcaro

Albino

Natalicchio

2023

The Journal of Entrepreneurship

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Innovative new ventures (INVs) cope with the lack of legitimacy and liability of newness that may hinder their likelihood of survival. Those risks increase with the novelty introduced by the INV. Radically INVs are the ones that have the highest degree of novelty, and, consequently, face the highest risks. Understanding the elements and mechanisms that sustain radically INVs is of paramount importance due to the great benefits they bring to society. This article explores how the regional legacy, defined as the combined effect of regional business and industrial practices and culture, supports those ventures in facing those risks. The regional culture and tradition create a sense of familiarity in stakeholders that facilitates the understanding of the radically INV, lowering the lack of legitimacy. Meanwhile, the shared culture within a region favours the creation of a collaborative climate that allows the radically INVs to access relevant resources and, finally, reduce the liability of newness.

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The impact of entrepreneurship on regional economic growth: a perspective of spatial heterogeneity

Cited by 10 publications

References 63 publications

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

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

Bibliometric Analysis of Determining Factors in Entrepreneurial Intention

Regional Legacy Effects on Radically Innovative New Ventures’ Risks

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