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The outlier phenomenon in entrepreneurship and economic growth : mollycoddling policies create New Zealand’s perfect storm

Frederick, Howard H. and Monsen, Erik 2006, The outlier phenomenon in entrepreneurship and economic growth : mollycoddling policies create New Zealand’s perfect storm, in Frontiers of Entrepreneurship Research 2006 : Proceedings of the 26th Annual Entrepreneurship Research Conference, Babson Bank, Mass., Arthur M. Blank Center for Entrepreneurship.

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Title The outlier phenomenon in entrepreneurship and economic growth : mollycoddling policies create New Zealand’s perfect storm
Author(s) Frederick, Howard H.
Monsen, Erik
Conference name Annual Entrepreneurship Research. Conference (26th : 2006 : Babson Park, Mass.)
Conference location Babson Park, Mass.
Conference dates 8-10 Jun. 2006
Title of proceedings Frontiers of Entrepreneurship Research 2006 : Proceedings of the 26th Annual Entrepreneurship Research Conference
Editor(s) Zacharakis, Andrew
Publication date 2006
Conference series Annual Entrepreneurship Research Conference
Total pages 9 p.
Publisher Babson Bank, Mass.
Place of publication Arthur M. Blank Center for Entrepreneurship
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 factor-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 indicate that measures that overprotect workers, spoil incentives, or indulge welfare passivity can stymie economic growth even in conditions of high entrepreneurial activity.
Notes Reproduced with kind permission of the copyright owner.
Language eng
Field of Research 150304 Entrepreneurship
Socio Economic Objective 970115 Expanding Knowledge in Commerce, Management, Tourism and Services
HERDC Research category E1.1 Full written paper - refereed
Copyright notice ©2006, The authors
Persistent URL http://hdl.handle.net/10536/DRO/DU:30022229

Document type: Conference Paper
Collections: School of Management and Marketing
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