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New Zealand’s perfect storm of entrepreneurship and economic development

Bibliographic Data

ID14866982
AuthorsHoward Frederick (Deakin University, corresponding author), Erik Monsen (0000-0003-0148-2841, Max Planck Society)
Year2011
Volume37
Issue2
Pages187-204
Publication date2011-09-01
Open AccessYes
TypeARTICLE
VenueSmall Business Economics (JOURNAL)
Journal identifiersISSN: 0921-898X • E-ISSN: 1573-0913
PublisherSpringer Science and Business Media LLC (PUBLISHER)
DOI10.1007/s11187-009-9234-2
OpenAlexW2069956456
LanguageEN
Citations received6
References cited39

Applying a grounded-theory approach to analyzing the Global Entrepreneurship Monitor (GEM) data, we attempt to explain why New Zealand exhibits only a moderate level of economic development despite its high level of entrepreneurship. By statistically analyzing why 34 other countries in the 2005 GEM dataset exhibit small deviations from the classical quadratic curvilinear relationship between entrepreneurship and economic development, we develop a better understanding of the entrepreneurial framework conditions underlying New Zealand’s large deviation from this trend line. Based on our findings from the GEM data we make policy recommendations that could aid in moving New Zealand (and other countries) closer toward the trend line and thus promote economic development

Classical economics · Curvilinear coordinates · Economic geography · Economics · Entrepreneurship · Geography · Line (geometry · Regional science · Entrepreneurship Studies and Influences · Firm Innovation and Growth · Labor market dynamics and wage inequality · Mathematics · Finance

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Citations per year0.43
Citation span2012 - 2026 (15)
Highly citedNo

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