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Export-oriented entrepreneurship and regional economic growth

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  • José González-Pernía
  • Iñaki Peña-Legazkue

Abstract

We analyse the impact of export-oriented entrepreneurship on regional economic growth using data for Spanish regions over the 2003–2013 period. We draw on economic growth, knowledge spillover and international entrepreneurship theories to assert that export-oriented entrepreneurship is important for the economic development of sub-national regions. Consistent with previous findings, we found that Spanish regions with higher levels of opportunity-driven entrepreneurial activity exhibit higher rates of economic growth. Moreover, regions with a higher percentage of the adult population engaged in export-oriented entrepreneurial activity show higher GDP growth rates. This effect also seems to be stronger as the intensity of export-oriented entrepreneurial activity increases up to a threshold level. Copyright Springer Science+Business Media New York 2015

Suggested Citation

  • José González-Pernía & Iñaki Peña-Legazkue, 2015. "Export-oriented entrepreneurship and regional economic growth," Small Business Economics, Springer, vol. 45(3), pages 505-522, October.
  • Handle: RePEc:kap:sbusec:v:45:y:2015:i:3:p:505-522
    DOI: 10.1007/s11187-015-9657-x
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    2. Wenying Fu, 2020. "Spatial mobility and opportunity-driven entrepreneurship: the evidence from China labor-force dynamics survey," The Journal of Technology Transfer, Springer, vol. 45(5), pages 1324-1342, October.

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    More about this item

    Keywords

    Export orientation; Entrepreneurial activity; Economic growth; International entrepreneurship; Regional competitiveness; R11; L26;
    All these keywords.

    JEL classification:

    • R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes
    • L26 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Entrepreneurship

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