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The outlier phenomenon in entrepreneurship and economic growth : mollycoddling policies create New Zealand's perfect storm

Frederick, Howard and Monsen, Erik (2006) The outlier phenomenon in entrepreneurship and economic growth : mollycoddling policies create New Zealand's perfect storm. Frontiers of Entrepreneurship Research, 26 (20). pp. 499-515. ISSN 0740-7416

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Abstract

Analyzing GEM 2005 data, we confirm that entrepreneurship and economic development form a U-shaped curve. We seek to understand New Zealand’s large deviation from the modeled curve by factor-analyzing all countries’ deviations from the curve. We make recommendations that would move New Zealand toward the trend line and thus aid in increasing its level of economic development. Our findings indicate that measures that overprotect workers, spoil incentives, or indulge welfare passivity can stymie economic growth even in conditions of high entrepreneurial activity.

Item type: Article
ID code: 28747
Keywords: entrepreneurship, economic growth strategies, Commerce, Business, Management and Accounting (miscellaneous)
Subjects: Social Sciences > Commerce
Department: Strathclyde Business School > Hunter Centre For Entrepreneurship
Related URLs:
Depositing user: Miss Carol Ann Balloch
Date Deposited: 28 Oct 2010 14:46
Last modified: 05 Sep 2014 23:52
URI: http://strathprints.strath.ac.uk/id/eprint/28747

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