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What is the role of public policies to robust international entrepreneurial activities on economic growth? Evidence from cross countries study

机译:公共政策对促进国际经济增长的企业活动有何作用?跨国研究的证据

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This paper contributes to the development of the field of international entrepreneurial activities by providing answers to the following questions. Does higher human development generates opportunities to entrepreneurial activities that yield economic growth? Do economic policies generate opportunity that yields higher international entrepreneurial activities? This research employed Generalized Method of Moments (GMM) estimation methodology is selected based on the long term dynamic of the entrepreneurial activities. Analysis is employed using panel data among a group of efficient countries and innovative countries during the period 2004–2008. Empirical results provide a positive significant evidence for the role of human development to accelerate entrepreneurial activities and growth in innovative driven countries. The outcomes point towards the role of policies supporting entrepreneurial activities as a vital tool to accelerate development and growth via channels such as: better education levels, enhancing research and development, attractive taxes policies and stable monetary policy. This paper provides a comparative analysis of the empirical results and presents prospective explanations for the observed relationships between different groups of countries to study the dynamics of change with relative short time series.
机译:本文通过提供以下问题的答案,为国际创业活动领域的发展做出了贡献。更高的人类发展是否会为产生经济增长的创业活动创造机会?经济政策会产生产生更多国际企业家活动的机会吗?本研究基于企业家活动的长期动态选择了广义矩量(GMM)估计方法。 2004-2008年期间,使用一组有效国家和创新国家之间的面板数据进行了分析。实证结果为人类发展在创新驱动国家中加速创业活动和增长的作用提供了积极的重要证据。结果表明,支持企业家活动的政策的作用是通过以下途径加速发展和增长的重要工具:更好的教育水平,加强研发,有吸引力的税收政策和稳定的货币政策。本文提供了对实证结果的比较分析,并对观察到的不同国家组之间的关系提供了前瞻性的解释,以研究相对较短时间序列的变化动态。

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