New Zealand's perfect storm of entrepreneurship and economic development

H. Frederick, Erik Monsen

Research output: Contribution to journalArticle

15 Citations (Scopus)

Abstract

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.
LanguageEnglish
Pages187-204
Number of pages18
JournalSmall Business Economics
Volume37
Issue number2
Early online date30 Oct 2009
DOIs
Publication statusPublished - Sep 2011

Fingerprint

Global Entrepreneurship Monitor
Entrepreneurship development
New Zealand
Economic development
Grounded theory
Large deviations
Deviation
Entrepreneurship

Keywords

  • economic development
  • entrepreneurship
  • grounded theory
  • global entrepreneurship monitor

Cite this

Frederick, H. ; Monsen, Erik. / New Zealand's perfect storm of entrepreneurship and economic development. In: Small Business Economics. 2011 ; Vol. 37, No. 2. pp. 187-204.
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New Zealand's perfect storm of entrepreneurship and economic development. / Frederick, H.; Monsen, Erik.

In: Small Business Economics, Vol. 37, No. 2, 09.2011, p. 187-204.

Research output: Contribution to journalArticle

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