TY  - JOUR
TT  - THE IMPACT OF ENTREPRENEURSHIP ON ECONOMIC GROWTH: GEM DATA ANALYSIS
AU  - Savrul, Mesut
PY  - 2017
DA  - September
DO  - 10.17261/Pressacademia.2017.494
JF  - Journal of Management Marketing and Logistics
JO  - JMML
PB  - Dilek TEKER
WT  - DergiPark
SN  - 2148-6670
SP  - 320
EP  - 326
VL  - 4
IS  - 3
KW  - Entrepreneurship
KW  - GEM data
KW  - economic growth
KW  - Schumpeterian growth
KW  - economy wide country studies
N2  - Purpose - Since thelast decade of the 20th Century, the relation between entrepreneurship andeconomic performance have been discussed and empirically examined by variousstudies. Although the importance of the impact of entrepreneurship on economicperformance have been studied empirically exclusively at the firm and industrylevel, country level contributions are rather short. Taking this deficiencyinto account, the aim of this study is to examine investigate the impact ofentrepreneurial activities on economic growth at country level. Methodology- The empirical analysis of the study is modelled by consolidatingentrepreneurship as an intermediate variable to the CobbDouglas growth modelbeside the basic variables of labour, gross capital formation, and gross domesticproduct per capita. The data of 35 countries covering 2006-2015 period is usedin the study and the data is collected from OECD and Global EntrepreneurshipResearch Association databases. Findings - The resultsof the study produce that although the changes in the entrepreneurial variablesdon't effect economic growth immediately, they present a significant andpositive effect in the long run.Conclusion -As the effect ofentrepreneurial activities on economic growth come out in the long run, policiesfor entrepreneurship should be planned on a long-term basis.
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UR  - https://doi.org/10.17261/Pressacademia.2017.494
L1  - https://dergipark.org.tr/en/download/article-file/381437
ER  -