From kiwis to pad thai : why similar national framework conditions may lead to different entrepreneurial outcomes
Frederick, H. and Monsen, E. 2006, From kiwis to pad thai : why similar national framework conditions may lead to different entrepreneurial outcomes, in New paradigm, new technique for global business development and strategy : Proceedings of the 10th anniversary of the Graduate School of Commerce, Burapha University 2006 Global Business Conference, Burapha University, Bangkok, Thailand.
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Title
From kiwis to pad thai : why similar national framework conditions may lead to different entrepreneurial outcomes
New paradigm, new technique for global business development and strategy : Proceedings of the 10th anniversary of the Graduate School of Commerce, Burapha University 2006 Global Business Conference
Editor(s)
[Unknown]
Publication date
2006
Conference series
Burapha University Global Business Conference
Publisher
Burapha University
Place of publication
Bangkok, Thailand
Summary
Analyzing GEM 2005 data, we confirm that entrepreneurship and economic development form a U-shaped curve. We seek to understand New Zealand’s large deviation from the modeled curve by analyzing all countries’ deviations from the curve. We make recommendations that would move New Zealand toward the trend line and thus aid in increasing its level of economic development. Our findings more generally suggest how entrepreneurial policies should be designed differently, depending on the current level of economic development and a region’s short and long-term economic goals.