TY - JOUR
T1 - Why is export-oriented entrepreneurship more prevalent in some countries than others? Contextual antecedents and economic consequences
AU - Aparicio, Sebastian
AU - Audretsch, David
AU - Urbano, David
N1 - Funding Information:
The authors want to thank Prof. Christian Schwens, Prof. Douglas Cumming, and anonymous reviewers for valuable comments and guidance throughout the whole process. This paper benefited from the presentation at the XXX RENT Conference (Antwerp, Belgium). Sebastian Aparicio acknowledges Durham University Business School for constant support. Additionally, Sebastian acknowledges COLCIENCIAS Ph.D. programme (617/2013), as well as Sapiencia-Enlaza Mundos (Municipio de Medellín) for financial support during Ph.D. David Audretsch acknowledges support from the Paul H. O'Neill School of Public and Environmental Affairs, Indiana University . David Urbano acknowledges the financial support from the projects ECO2017-87885-P (Spanish Ministry of Economy & Competitiveness) and 2017-SGR-1056 (Economy & Knowledge Department, Catalan Government), and ICREA under ICREA Academia programme.
Publisher Copyright:
© 2020 Elsevier Inc.
Copyright:
Copyright 2020 Elsevier B.V., All rights reserved.
PY - 2021/4
Y1 - 2021/4
N2 - Drawing on institutional economics, this article investigates how different contexts condition the prevalence of export-oriented entrepreneurship, which affects economic growth. We place emphasis on the differences between developed and developing countries through interaction effects that allow us to test for differential validity. Using simultaneous equation panel data models for a sample of 43 countries (2004–2012), we find that access to credit and access to communications are the most significant factors in explaining the export-oriented entrepreneurship required for economic growth. Policy implications for both developed and developing countries are suggested to enhance economic performance under specific context characteristics through export-oriented entrepreneurship.
AB - Drawing on institutional economics, this article investigates how different contexts condition the prevalence of export-oriented entrepreneurship, which affects economic growth. We place emphasis on the differences between developed and developing countries through interaction effects that allow us to test for differential validity. Using simultaneous equation panel data models for a sample of 43 countries (2004–2012), we find that access to credit and access to communications are the most significant factors in explaining the export-oriented entrepreneurship required for economic growth. Policy implications for both developed and developing countries are suggested to enhance economic performance under specific context characteristics through export-oriented entrepreneurship.
KW - Developing and developed countries
KW - Economic growth
KW - Export-oriented entrepreneurship
KW - Institutional context
KW - Institutional economics
KW - International entrepreneurship
UR - http://www.scopus.com/inward/record.url?scp=85096624820&partnerID=8YFLogxK
U2 - 10.1016/j.jwb.2020.101177
DO - 10.1016/j.jwb.2020.101177
M3 - Artículo
AN - SCOPUS:85096624820
VL - 56
JO - Journal of World Business
JF - Journal of World Business
SN - 1090-9516
IS - 3
M1 - 101177
ER -
