Download This PaperWhat Drives Entrepreneurship? A Configurational Analysis of the Determinants of Entrepreneurship in Innovation-Driven Economies
Die Betriebswirtschaft/Business Administration Review, Vol. 75, No. 4, pp. 273-288
38 Pages Posted: 25 Jan 2015 Last revised: 15 Jul 2015
Date Written: 2015
Abstract
We analyse the effects of culture, economic freedom and well-being on entrepreneurial activity (EA). We employ a fuzzy-set qualitative comparative (fsQCA) analysis to identify previously unknown combinations of predictors of EA in 23 innovation-driven economies. The analysis differentiates between necessity-driven entrepreneurship (NDE) and opportunity-driven entrepreneurship (ODE), reveals different configurations explaining EA, and proposes a role model for policymakers aiming to secure a high proportion of ODE in a particular economy.
Keywords: Culture, Economic Freedom, Entrepreneurship, Innovation-Driven Economies, Well-Being
JEL Classification: O11, M13
Suggested Citation: Suggested Citation
