Type of entrepreneurship and country’s stage of development as key factors for entrepreneurial outcome
Abstract
Not all kinds of entrepreneurship are necessarily productive in terms of economic growth. On the other hand, entrepreneurship show a different role related to a country’s stage of development, because it has negative or null effect on developing countries, and positives one on developed countries. In others words, entrepreneurship outcome depends on, not only the type of entrepreneurial activity, but also on country´s type of economy. We also provide guidelines for this two issues: how (types of entrepreneurship) and where (type of economy) entrepreneurship should be useful to achieve economic growth.
Using scientific research, this paper cast doubt on the prevailing opinion among politics that entrepreneurship always fuels economic growth
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