2018
DOI: 10.1186/s40497-018-0103-9
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Investigating the relationship between entrepreneurship and regional development: case of developing countries

Abstract: A lot has been written about the relationship between entrepreneurship and regional development in the past years. However, do we have conclusive empirical evidence for justification of this relationship? Policymakers expect from entrepreneurship positive impact on country's wealth and employment. Nevertheless, several scholars have argued that the impact of entrepreneurship might be even negative, especially, when the institutions are not working well. This might be a case of developing countries. According t… Show more

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Cited by 40 publications
(35 citation statements)
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“…There is empirical evidence that the growth of entrepreneurial activity is associated with the economic growth of particular countries. Nevertheless, this relationship might differ over time and across countries, as many scholars have pointed out [1][2][3][4][5][6][7].…”
Section: Introductionmentioning
confidence: 99%
See 1 more Smart Citation
“…There is empirical evidence that the growth of entrepreneurial activity is associated with the economic growth of particular countries. Nevertheless, this relationship might differ over time and across countries, as many scholars have pointed out [1][2][3][4][5][6][7].…”
Section: Introductionmentioning
confidence: 99%
“…The positive influence of entrepreneurship on economic growth is described in the concept of entrepreneurship capital that has been described in the article written by Audretsch and Keilbach [8]. Audretsch and Keilbach [8] explain that entrepreneurship capital (operationalised as formation of new businesses) mobilises the mechanism of the creation of new knowledge, innovation spillover, and increases competition and diversity through the establishment of new business activity [5]. The concept of entrepreneurship capital historically relates back to Joseph Alois Schumpeter [9], whose emphasis on innovation activity and the process of creative destruction are still being highlighted in entrepreneurship and innovation management literature nowadays [10][11][12][13].…”
Section: Introductionmentioning
confidence: 99%
“…In general, the more active the entrepreneurship is, the more positive the influence on economic growth will be [18,28]. In addition, the actions of entrepreneurship are deemed an indication of the vital determinants concerning localized economic progression [29]. Indeed, policy-makers expect that entrepreneurship has a positive influence on the country's wealth and employment [29].…”
Section: Green Entrepreneurship In Saudi Arabiamentioning
confidence: 99%
“…In addition, the actions of entrepreneurship are deemed an indication of the vital determinants concerning localized economic progression [29]. Indeed, policy-makers expect that entrepreneurship has a positive influence on the country's wealth and employment [29]. Likewise, several scholars have argued that when institutions are not properly working, the influence of entrepreneurship might be negative [29].…”
Section: Green Entrepreneurship In Saudi Arabiamentioning
confidence: 99%
“…It has been widely acknowledged by the literature that stable economic growth is closely related to the entrepreneurial capacity of an economy [1][2][3][4][5], although there are studies showing that this relationship might differ across regions and continents [6][7][8]. Concerning the role of entrepreneurship in stimulating economic growth, the importance of carrying out innovations and innovative behaviour is emphasised [1,[9][10][11].…”
Section: Introductionmentioning
confidence: 99%