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). Article 2. ISSN 0740-7416 (http://digitalknowledge.babson.edu/fer/vol26/iss20...)
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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.
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Item type: Article ID code: 28747 Dates: DateEvent2006PublishedKeywords: entrepreneurship, economic growth strategies, Commerce, Business, Management and Accounting (miscellaneous), SDG 8 - Decent Work and Economic Growth Subjects: Social Sciences > Commerce Department: Strathclyde Business School > Hunter Centre For Entrepreneurship Depositing user: Miss Carol Ann Balloch Date deposited: 28 Oct 2010 13:46 Last modified: 18 Jan 2023 09:37 Related URLs: URI: https://strathprints.strath.ac.uk/id/eprint/28747