Change search
ReferencesLink to record
Permanent link

Direct link
Do national and entrepreneurial framework conditions influence economic growth?: Using path analysis (PA) on the example of Nordic countries between the years 2005-2014
Linnaeus University, School of Business and Economics, Department of Organisation and Entrepreneurship.
2016 (English)Independent thesis Advanced level (degree of Master (One Year)), 10 credits / 15 HE creditsStudent thesis
Abstract [en]

This paper investigates whether national and entrepreneurial framework conditions positively affect economic growth via its effects on entrepreneurial activity more significantly than via its effects on technological innovation intensity1 . The revised GEM conceptual model is tested for a sample of Nordic countries (Norway, Finland, Sweden, Denmark, Iceland), between the years 2005-2014, using path analysis. The variables representing national and entrepreneurial framework conditions, entrepreneurial activity, technological innovation intensity and economic growth are Global Competitiveness Index (which includes also number of procedures to start a business and number of days to start a business, venture capital availability etc.), selfemployed workers (expressed as % of total employed), RD expenditures (expressed as % of GDP) and GDP per capita. In each of the models, the author finds out a positive effect of national and entrepreneurial framework conditions. The hypotheses stating the positive indirect influence of national and entrepreneurial framework conditions on economic growth via entrepreneurial activity (H1) and the positive indirect influence of national and entrepreneurial framework conditions via technological innovation intensity (H2) have been accepted. The calculated total effect on economic growth indicates that the path via entrepreneurship (H1) is more significant (H3).

Place, publisher, year, edition, pages
2016. , 40 p.
Keyword [en]
Economic Growth, GCI, GEM, path analysis
National Category
Business Administration
URN: urn:nbn:se:lnu:diva-54513OAI: diva2:946211
Subject / course
Business Administration - Organization Leadership
Educational program
Entrepreneurship, Master Programme, 60 credits
Available from: 2016-07-05 Created: 2016-07-04 Last updated: 2016-07-05Bibliographically approved

Open Access in DiVA

fulltext(1242 kB)11 downloads
File information
File name FULLTEXT01.pdfFile size 1242 kBChecksum SHA-512
Type fulltextMimetype application/pdf

By organisation
Department of Organisation and Entrepreneurship
Business Administration

Search outside of DiVA

GoogleGoogle Scholar
Total: 11 downloads
The number of downloads is the sum of all downloads of full texts. It may include eg previous versions that are now no longer available

Total: 23 hits
ReferencesLink to record
Permanent link

Direct link