Munich Personal RePEc Archive

La innovación como determinante pare el emprendimiento

Molina, Jose Alberto and Velilla, Jorge (2016): La innovación como determinante pare el emprendimiento.

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Abstract

This project analyzes specifically how innovation and technological aspects influence the entrepreneurial activity around the world and in Spain. Recent international microdata GEM Global Individual (2014) are applied using a novel econometric methodology based on the Machine Learning techniques for selecting variables based on their predictive ability. Our results, both for Spain and internationally, support the importance of innovation as a critical component of the enterprise, characterizing in this way an "entrepreneurship by innovative vocation" in the sense that the fundamental reason that motivates entrepreneurship is the desire to deliver new services, products or technologies.

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