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A configurational approach to a country’s entrepreneurship level: Innovation, financial and development factors

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  • Cervelló-Royo, Roberto
  • Moya-Clemente, Ismael
  • Perelló-Marin, M. Rosario
  • Ribes-Giner, Gabriela

Abstract

The aim of this study is to analyse the combinations of innovation, financial and sustainable development conditions that enhance the entrepreneurship level of a country. A cross-national analysis, based on data from 64 countries, examines the causal configurations behind the manifestations of these factors using fuzzy‐set qualitative comparison analysis. Data were retrieved from four databases: the Global Entrepreneurship Index, the Country Risk Score, the Global Innovation Index and the Sustainable Development Goals Index. In our analysis, we find that the entrepreneurship level of a country is simultaneously related to both its Innovation level and its Country Risk Score. When we study this relationship in association with sustainable development goals, we identify that a country’s entrepreneurship level is positively linked with SDG3 and SD11, while with the SDG7 no relationship is found.

Suggested Citation

  • Cervelló-Royo, Roberto & Moya-Clemente, Ismael & Perelló-Marin, M. Rosario & Ribes-Giner, Gabriela, 2022. "A configurational approach to a country’s entrepreneurship level: Innovation, financial and development factors," Journal of Business Research, Elsevier, vol. 140(C), pages 394-402.
  • Handle: RePEc:eee:jbrese:v:140:y:2022:i:c:p:394-402
    DOI: 10.1016/j.jbusres.2021.11.009
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