Exploring the role of FDI in enhancing the entrepreneurial activity in Europe: a panel data analysis

Albulescu, Claudiu Tiberiu; Tămăşilă, Matei

doi:10.1007/s11365-015-0360-9

Cited by 32 publications

(29 citation statements)

References 44 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…The third tested hypothesis assuming a positive relationship between GDP per capita and entrepreneurial activity was also confirmed and the obtained results were consistent with the previous research studies assuming existence of opportunity-driven entrepreneurship (e.g. Albulescu and Tămăşilă, 2016;Koellinger and Thurik, 2012;Dvouletý and Mareš, 2016b).…”

Section: Discussionsupporting

confidence: 89%

“…All depicted models (Models 1-3) also proved the statistically significant positive relationship between GDP per capita and entrepreneurial activity, which is also in agreement with the previous findings of entrepreneurship scholars (e.g. Albulescu and Tămăşilă, 2016;Koellinger and Thurik, 2012;Dvouletý and Mareš, 2016b) and results obtained in the first set of econometric estimates. Hence, the higher level of GDP per capita was associated with a higher level of entrepreneurial activity during the analysed period in the Nordic countries and this result supports H3.…”

Section: Determinants Of Established Ownership Ratesupporting

confidence: 90%

“…As it was explained and found by previous scholars (e.g. Albulescu and Tămăşilă, 2016;Koellinger and Thurik, 2012;Dvouletý and Mareš, 2016b), the increase in entrepreneurial activity is driven by new opportunities brought by the economic growth of the Nordic countries.…”

Section: Determinants Of Entrepreneurial Activitymentioning

confidence: 60%

See 2 more Smart Citations

Determinants of Nordic entrepreneurship

Dvouletý

2017

JSBED

View full text Add to dashboard Cite

Purpose The purpose of this paper is to analyse the determinants of entrepreneurial activity in the Nordic countries over the period of years 2004-2013 to provide supportive material for the Nordic entrepreneurial policy makers with specific focus on the role of necessity/opportunity-driven entrepreneurship, administrative barriers and the research and development (R&D) sector. Design/methodology/approach Quantitative study employed panel regression analysis with fixed effects estimator to test the impact of determinants on entrepreneurial activity operationalized as a rate of registered business activity and as an established business ownership rate. Findings The results obtained for the both dependent variables did not substantially differ from each other or the supported hypothesis stating a positive relationship between unemployment rate, GDP per capita and entrepreneurial activity. Also a negative impact of administrative barriers was found. However, no statistically significant positive impact of the R&D sector was observed. Practical implications Nordic entrepreneurial policy makers should put more effort into the reduction of administrative barriers towards founding enterprises and support entrepreneurship during the times of higher unemployment rates. Further evaluation of Nordic R&D policies is strongly needed, since no positive impacts towards entrepreneurship were found. Originality/value The empirical analysis was conducted based on the research gap in the studies related to the Nordic entrepreneurial policies and perceived need for the policy recommendations that are provided.

show abstract

Section: Discussionsupporting

confidence: 89%

Section: Determinants Of Established Ownership Ratesupporting

confidence: 90%

See 1 more Smart Citation

Determinants of Nordic entrepreneurship

Dvouletý

2017

JSBED

View full text Add to dashboard Cite

show abstract

“…On the other hand, results from cross-country/industry analyses point to the opposite direction. In particular, Albulescu and Tămăşilă ( 2016 ) does not find any association between inward or outward FDI on entrepreneurial activity in 16 European countries. Colantone and Sleuwaegen ( 2010 ), using data on eight countries from the “Business Demography Statistics” database by Eurostat, find a strong displacement exit and a slow replacement entry due to trade exposure.…”

Section: Domestic Entry and The Role Of Fdimentioning

confidence: 89%

The short-run effects of knowledge intensive greenfield FDI on new domestic entry

Amoroso

Müller

2017

J Technol Transf

View full text Add to dashboard Cite

Existing evidence on the impact of foreign direct investment on domestic economies remains ambiguous. Positive technology spillovers of foreign investment may be outweighed by negative crowding out effect due to increased competition. In this paper, we employ a unique country/sector-level data set to investigate the impact of what is considered the 'best' type of foreign investment-greenfield knowledge intensive FDI-on domestic entry. Our results suggest that, in the short run, this type of FDI is positively related to the entry rate in the host country, if the domestic sector is either dynamic, or highly R&D intensive. These sectors may be respectively characterized by lower entry costs, which encourage a 'trial-and-error' learning business approach, and by a higher level of absorptive capacity which increases the chance of technology transfer.Keywords Foreign direct investments Á Knowledge spillovers Á New firm entryElectronic supplementary material The online version of this article

show abstract

“…Entrepreneurship has attracted substantial interest from different parties and is regarded as an engine of economic growth (Albulescu & Tămăşilă 2016;Chowdhury, Terjesen & Audretsch 2015). It sets out a robust platform for economic development through triggering innovation, job creation, productivity, and economic and social growth (Driga, Lafuente & Vaillant 2009;Johnson, Freeman & Staudenmaier 2015;Thornton, Ribeiro-Soriano & Urbano 2011;Wennekers et al 2010).…”

Section: Introductionmentioning

confidence: 99%