(Download) "Entrepreneurship: Public Or Private Good?" by Academy of Entrepreneurship Journal * Book PDF Kindle ePub Free
eBook details
- Title: Entrepreneurship: Public Or Private Good?
- Author : Academy of Entrepreneurship Journal
- Release Date : January 01, 2007
- Genre: Business & Personal Finance,Books,
- Pages : * pages
- Size : 247 KB
Description
ABSTRACT The paper examines the rationale for using entrepreneurship (small business formation) as a strategy for economic transformation. The data set for 50 states is used to test the hypothesis that the states that promote more entrepreneurial activities tend to experience higher Gross State Product (GSP) growth. Learner and Levine methodology is used to test the robustness of the entrepreneurship coefficient by altering the conditioning variables. Cluster analysis is also used to further test the hypothesis. The paper finds credible evidence in support of the hypothesis that entrepreneurship is a significant strategy for fostering economic transformation of communities that are ravaged by the loss of industries due to globalization and out-sourcing.
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