Entrepreneurial diversity and economic growth
AbstractWe investigate the impact of entrepreneurial diversity on national economic growth. More specifically, using data for 36 countries participating in the Global Entrepreneurship Monitor, we investigate whether the impact of entrepreneurial activity is different for different sociodemographic groups. Diversity is measured in terms of age, education and gender. We find that in less developed countries, older and higher educated entrepreneurs are particularly important for stimulating economic growth, while for highly developed countries the contribution of younger entrepreneurs is more important. We do not find evidence for a differential contribution of female and male entrepreneurs.
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Bibliographic InfoPaper provided by EIM Business and Policy Research in its series Scales Research Reports with number H200701.
Length: 29 pages
Date of creation: 10 Jan 2007
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- Verheul, I. & van Stel, A.J., 2007. "Entrepreneurial Diversity and Economic Growth," ERIM Report Series Research in Management ERS-2007-070-ORG, Erasmus Research Institute of Management (ERIM), ERIM is the joint research institute of the Rotterdam School of Management, Erasmus University and the Erasmus School of Economics (ESE) at Erasmus University Rotterdam.
- D21 - Microeconomics - - Production and Organizations - - - Firm Behavior: Theory
- M - Business Administration and Business Economics; Marketing; Accounting
- M13 - Business Administration and Business Economics; Marketing; Accounting - - Business Administration - - - New Firms; Startups
- O47 - Economic Development, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Measurement of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence
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