Frederick, H. and Monsen, Erik (2011) New Zealand's perfect storm of entrepreneurship and economic development. Small Business Economics, 37 (2). pp. 187-204. ISSN 0921-898XFull text not available in this repository. (Request a copy from the Strathclyde author)
Applying a grounded-theory approach to analyzing the Global Entrepreneurship Monitor (GEM) data, we attempt to explain why New Zealand exhibits only a moderate level of economic development despite its high level of entrepreneurship. By statistically analyzing why 34 other countries in the 2005 GEM dataset exhibit small deviations from the classical quadratic curvilinear relationship between entrepreneurship and economic development, we develop a better understanding of the entrepreneurial framework conditions underlying New Zealand’s large deviation from this trend line. Based on our findings from the GEM data we make policy recommendations that could aid in moving New Zealand (and other countries) closer toward the trend line and thus promote economic development.
|Keywords:||economic development , entrepreneurship, grounded theory, global entrepreneurship monitor, Commerce, Business, Management and Accounting(all), Economics and Econometrics|
|Subjects:||Social Sciences > Commerce|
|Department:||Strathclyde Business School > Hunter Centre For Entrepreneurship|
|Depositing user:||Miss Carol Ann Balloch|
|Date Deposited:||28 Oct 2010 15:42|
|Last modified:||27 Apr 2016 15:54|