New Zealand's perfect storm of entrepreneurship and economic development

Frederick, Howard and Monsen, Erik 2011, New Zealand's perfect storm of entrepreneurship and economic development, Small business economics, vol. 37, no. 2, pp. 187-204, doi: 10.1007/s11187-009-9234-2.

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Title New Zealand's perfect storm of entrepreneurship and economic development
Author(s) Frederick, Howard
Monsen, Erik
Journal name Small business economics
Volume number 37
Issue number 2
Start page 187
End page 204
Publisher Springer
Place of publication New York, N.Y.
Publication date 2011-09
ISSN 0921-898X
Keyword(s) economic development
global entrepreneurship monitor
Summary Applying a grounded-theory approach to analyzing the Global Entrepreneurship Monitor (GEM) data, we attempt to explain why New Zealand exhibits only a moderate level of economic development despite its high level of entrepreneurship. By statistically analyzing why 34 other countries in the 2005 GEM dataset exhibit small deviations from the classical quadratic curvilinear relationship between entrepreneurship and economic development, we develop a better understanding of the entrepreneurial framework conditions underlying New Zealand’s large deviation from this trend line. Based on our findings from the GEM data we make policy recommendations that could aid in moving New Zealand (and other countries) closer toward the trend line and thus promote economic development.
Notes Published online: 30 October 2009
Language eng
DOI 10.1007/s11187-009-9234-2
Field of Research 150304 Entrepreneurship
Socio Economic Objective 910402 Management
HERDC Research category C1 Refereed article in a scholarly journal
HERDC collection year 2009
Copyright notice ©2009, The Authors
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Document type: Journal Article
Collections: Faculty of Business and Law
School of Management and Marketing
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