IDEAS home Printed from https://ideas.repec.org/a/bpj/erjour/v11y2021i4p29n3.html
   My bibliography  Save this article

Does Entrepreneurship Matter for Inclusive Growth? The Role of Social Progress Orientation

Author

Listed:
  • Aparicio Sebastian

    (Durham University Business School, Durham University, Durham, UK)

  • Audretsch David

    (School of Public and Environmental Affairs, Institute for Development Strategies, Indiana University, Bloomington, IN, USA)

  • Urbano David

    (Department of Business, Centre for Entrepreneurship and Social Innovation Research (CREIS), Universität Autònoma de Barcelona, Cerdanyola del Vallès (Barcelona), Spain)

Abstract

Building upon institutional economics, we examine how social progress orientation (SPO) affects inclusive growth through innovative and opportunity entrepreneurship. Hypotheses about civic activism, voluntary spirit, and the inclusion of minorities as proxies of SPO that affect entrepreneurship directly and inclusive growth indirectly have been suggested. Using unbalanced panel data of 132 observations (63 countries) and the three-stage least-squares method (3SLS), we provide empirical evidence that these three measures of SPO significantly affect innovative and opportunity entrepreneurship. Interestingly, our endogenous measures of entrepreneurial activity have served to explain inclusive growth, which is observed through poverty reduction across countries. Public policies should focus on social values oriented to progress in order to stimulate valuable entrepreneurial activity and hence facilitate economic development that also embraces vulnerable communities.

Suggested Citation

  • Aparicio Sebastian & Audretsch David & Urbano David, 2021. "Does Entrepreneurship Matter for Inclusive Growth? The Role of Social Progress Orientation," Entrepreneurship Research Journal, De Gruyter, vol. 11(4), pages 1-29, October.
    • Handle: RePEc:bpj:erjour:v:11:y:2021:i:4:p:29:n:3
    DOI: 10.1515/erj-2019-0308
    as

    Download full text from publisher

    File URL: https://doi.org/10.1515/erj-2019-0308
    Download Restriction: For access to full text, subscription to the journal or payment for the individual article is required.
    File URL: https://libkey.io/10.1515/erj-2019-0308?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Aparicio, Sebastian & Audretsch, David & Noguera, Maria & Urbano, David, 2022. "Can female entrepreneurs boost social mobility in developing countries? An institutional analysis," Technological Forecasting and Social Change, Elsevier, vol. 175(C).
    2. Nuno António & Hugo Pinto, 2022. "Youth Associations and Entrepreneurship: Insights from Case Studies in Portugal," Merits, MDPI, vol. 2(2), pages 1-19, April.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bpj:erjour:v:11:y:2021:i:4:p:29:n:3. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Peter Golla (email available below). General contact details of provider: https://www.degruyter.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.