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Entrepreneurial activity in the OECD: Pooled and cross-country evidence

Molina, Jose Alberto and Velilla, Jorge and Ortega, Raquel (2016): Entrepreneurial activity in the OECD: Pooled and cross-country evidence.

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Abstract

This paper analyzes the role of innovation, and other socio-demographic variables, in the entrepreneurial activity in the OECD. We use the index from the GEM 2014 Global Individual Level database, which contains international micro-data for individuals. Our pooled and cross-country results show that young male individuals tend to entrepreneur more than their counterparts. Innovation is also positive strongly related to entrepreneurship. Furthermore, making use of unbiased estimates based on relatively novel and underused techniques we give strong robustness to this result. We find that family and well-being variables follow a mixed relationship with entrepreneurship. Skills, transmission by meeting and opportunities also play an important role.

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