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.
Attached Files
(Some files may be inaccessible until you login with your Deakin Research Online credentials)
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.
Unless expressly stated otherwise, the copyright for items in Deakin Research Online is owned by the author, with all rights reserved.
Every reasonable effort has been made to ensure that permission has been obtained for items included in DRO.
If you believe that your rights have been infringed by this repository, please contact drosupport@deakin.edu.au.