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

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conference contribution
posted on 2006-01-01, 00:00 authored by Howard Frederick, E Monsen
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.

History

Event

Annual Entrepreneurship Research. Conference (26th : 2006 : Babson Park, Mass.)

Publisher

Babson Bank, Mass.

Location

Babson Park, Mass.

Place of publication

Arthur M. Blank Center for Entrepreneurship

Start date

2006-06-08

End date

2006-06-10

Language

eng

Notes

Reproduced with kind permission of the copyright owner.

Publication classification

E1.1 Full written paper - refereed

Copyright notice

2006, The authors

Editor/Contributor(s)

A Zacharakis

Title of proceedings

Frontiers of Entrepreneurship Research 2006 : Proceedings of the 26th Annual Entrepreneurship Research Conference

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