The Influence of Competitiveness and Regulations on Entrepreneurial Activity in Emerging and Advanced Economies

This paper aims to investigate the link between business regulations, pillars of competitiveness, and new firms at country level using a structural equation model. The research developed to support this paper is based on the idea that entrepreneurship, measured as the process of new firm formation,...

Full description

Autores:
Raposo, Mário
Rodrigues, Ricardo
Dinis, Anabela
Do Paço, Arminda
Ferreira, João J.
Tipo de recurso:
Article of journal
Fecha de publicación:
2014
Institución:
Universidad Nacional de Colombia
Repositorio:
Universidad Nacional de Colombia
Idioma:
spa
OAI Identifier:
oai:repositorio.unal.edu.co:unal/65936
Acceso en línea:
https://repositorio.unal.edu.co/handle/unal/65936
http://bdigital.unal.edu.co/66959/
Palabra clave:
3 Ciencias sociales / Social sciences
entrepreneurship
entrepreneurial activity
competitiveness
regulation
economic activity
emprendimiento
actividad emprendedora
competitividad
regulación
actividad económica
empreendimento
atividade empreendedora
competitividade
regulação
atividade económica
Rights
openAccess
License
Atribución-NoComercial 4.0 Internacional
Description
Summary:This paper aims to investigate the link between business regulations, pillars of competitiveness, and new firms at country level using a structural equation model. The research developed to support this paper is based on the idea that entrepreneurship, measured as the process of new firm formation, is a vital link to the economic growth of countries. The data used belongs to a sample of 41 countries with emerging and advanced economies that appear simultaneously in three databases: The Global Entrepreneurship Monitor (GEM), the Global Competitiveness Report (GCR), and the Doing Business Report (DBR). At country level, the process is hindered by the competitiveness conditions of the country's phase of economic development, and by the regulation and institutional arrangements that shape economic activity.