Research Article

The Impact of Entrepreneurship and ICT on Economic Growth: Empirical Evidence from Selected OECD Countries

Volume: 11 Number: 3 September 30, 2026
TR EN

The Impact of Entrepreneurship and ICT on Economic Growth: Empirical Evidence from Selected OECD Countries

Abstract

This study aims to analyze the effects of entrepreneurship and Information and Communication Technologies (ICT) on economic growth in 18 selected OECD countries over the period 2006–2022. Mobile cellular subscriptions are used as a proxy for ICT, while human capital and physical capital are included in the model as control variables. The relationships among the variables are examined using the Mean Group (MG) and Common Correlated Effects Mean Group (CCEMG) estimators. The findings obtained from the MG estimator indicate that entrepreneurship, ICT, human capital, and physical capital have positive and statistically significant effects on economic growth. However, since cross-sectional dependence persists in the MG estimation, the results obtained from the CCEMG estimator, which accounts for cross-sectional dependence, are taken as the primary findings. According to the CCEMG results, among the main independent variables, entrepreneurship has a positive and statistically significant effect on economic growth, whereas the effect of ICT is positive but statistically insignificant. Regarding the control variables, physical capital has a positive and statistically significant effect on economic growth, while the effect of human capital is negative and statistically insignificant. The findings show that entrepreneurship supports economic growth, whereas ICT has no statistically significant effect.

Keywords

References

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Details

Primary Language

English

Subjects

Growth

Journal Section

Research Article

Publication Date

September 30, 2026

Submission Date

April 29, 2026

Acceptance Date

September 21, 2026

Published in Issue

Year 2026 Volume: 11 Number: 3

APA
Ülger, M. (2026). The Impact of Entrepreneurship and ICT on Economic Growth: Empirical Evidence from Selected OECD Countries. Ekonomi Politika Ve Finans Araştırmaları Dergisi, 11(3), 1073-1090. https://doi.org/10.30784/epfad.1939889
AMA
1.Ülger M. The Impact of Entrepreneurship and ICT on Economic Growth: Empirical Evidence from Selected OECD Countries. EPF Journal. 2026;11(3):1073-1090. doi:10.30784/epfad.1939889
Chicago
Ülger, Mücahit. 2026. “The Impact of Entrepreneurship and ICT on Economic Growth: Empirical Evidence from Selected OECD Countries”. Ekonomi Politika Ve Finans Araştırmaları Dergisi 11 (3): 1073-90. https://doi.org/10.30784/epfad.1939889.
EndNote
Ülger M (September 1, 2026) The Impact of Entrepreneurship and ICT on Economic Growth: Empirical Evidence from Selected OECD Countries. Ekonomi Politika ve Finans Araştırmaları Dergisi 11 3 1073–1090.
IEEE
[1]M. Ülger, “The Impact of Entrepreneurship and ICT on Economic Growth: Empirical Evidence from Selected OECD Countries”, EPF Journal, vol. 11, no. 3, pp. 1073–1090, Sept. 2026, doi: 10.30784/epfad.1939889.
ISNAD
Ülger, Mücahit. “The Impact of Entrepreneurship and ICT on Economic Growth: Empirical Evidence from Selected OECD Countries”. Ekonomi Politika ve Finans Araştırmaları Dergisi 11/3 (September 1, 2026): 1073-1090. https://doi.org/10.30784/epfad.1939889.
JAMA
1.Ülger M. The Impact of Entrepreneurship and ICT on Economic Growth: Empirical Evidence from Selected OECD Countries. EPF Journal. 2026;11:1073–1090.
MLA
Ülger, Mücahit. “The Impact of Entrepreneurship and ICT on Economic Growth: Empirical Evidence from Selected OECD Countries”. Ekonomi Politika Ve Finans Araştırmaları Dergisi, vol. 11, no. 3, Sept. 2026, pp. 1073-90, doi:10.30784/epfad.1939889.
Vancouver
1.Mücahit Ülger. The Impact of Entrepreneurship and ICT on Economic Growth: Empirical Evidence from Selected OECD Countries. EPF Journal. 2026 Sep. 1;11(3):1073-90. doi:10.30784/epfad.1939889