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Analysis of economic growth through the context conditions that allow entrepreneurship
Review of Managerial Science ( IF 5.435 ) Pub Date : 2024-03-02 , DOI: 10.1007/s11846-024-00749-x
Roberto Cervelló-Royo , Carlos Devece , Juan J. Lull

The literature that recognizes the entrepreneurial function as a fundamental factor in regions’ and countries’ growth abounds. When studying the macroeconomic conditions that favor entrepreneurship, most studies analyze the problem from an organizational level. This article assumes the value of entrepreneurship as a mediating element in economic growth. It analyzes the most relevant legal and macroeconomic conditions that improve the suitable adjustment of entrepreneurial initiatives to the demands and available resources of a given economy. These conditions are not analyzed strictly from an economic perspective but in terms of their impact on the entrepreneurial function. To validate our hypotheses, a qualitative methodology focused on Latin American countries is used to reduce the heterogeneity of the cultural and historical context of the studied cases. The results reveal that low or moderate inflation, together with investment freedom and low tax burden, are the most determining factors of economic growth in Latin America.



中文翻译:

通过允许创业的背景条件分析经济增长

承认创业功能是地区和国家增长的基本因素的文献比比皆是。在研究有利于创业的宏观经济条件时,大多数研究都是从组织层面分析问题。本文假设创业精神的价值是经济增长的中介因素。它分析了最相关的法律和宏观经济条件,以改善创业举措对特定经济体的需求和可用资源的适当调整。这些条件并不是严格从经济角度来分析,而是从它们对创业功能的影响来分析。为了验证我们的假设,使用了一种针对拉丁美洲国家的定性方法来减少所研究案例的文化和历史背景的异质性。结果表明,低或温和的通货膨胀,加上投资自由和低税收负担,是拉丁美洲经济增长的最决定性因素。

更新日期:2024-03-02
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