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Impact of Entrepreneurship on the Quality of Public Health Sector Institutions and Policies

Author

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  • Jelica Rastoka

    (Deposit Insurance Agency of Bosnia and Herzegovina, 78000 Banja Luka, Bosnia and Herzegovina)

  • Saša Petković

    (University of Banja Luka, Faculty of Economics, 78000 Banja Luka, Bosnia and Herzegovina)

  • Dragana Radicic

    (Lincoln International Business School, Lincoln LN6 7TS, UK)

Abstract

The purpose of this paper is to investigate whether public health entrepreneurship principles implementation in the public health sector are alternative ways of promoting an immediate improvement of healthcare infrastructure. To contribute to the literature on the impact of public health entrepreneurship on public healthcare infrastructure, we estimate two empirical models, with the first model having institutions and the second model having public healthcare policies as the dependent variable. Our empirical analysis is based on the WHO international health regulation data for all WHO member countries (in order to achieve a balanced panel, we decided to retain 192 of them), covering the period from 2010 through to 2019. The main results obtained using a Poisson panel regression indicate a positive relationship between employing more entrepreneurship within public healthcare and the quality of public healthcare infrastructure represented through institutions and policies. This study produces several contributions to the stream of research on public health entrepreneurship. First, it makes a theoretical contribution in the way that it fills the lacking literature on the relationship between entrepreneurship within the public health sector and efficiency of country-specific public healthcare infrastructure. Second, it offers an empirical quantitative analysis of entrepreneurship that is generally lacking. Concerning policy implications, the third contribution of this paper is the provision of evidence showing alternative ways to improve healthcare infrastructure other than traditionally observed investments in physical infrastructure.

Suggested Citation

  • Jelica Rastoka & Saša Petković & Dragana Radicic, 2022. "Impact of Entrepreneurship on the Quality of Public Health Sector Institutions and Policies," IJERPH, MDPI, vol. 19(3), pages 1-25, January.
  • Handle: RePEc:gam:jijerp:v:19:y:2022:i:3:p:1569-:d:738439
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