The effect of good governance on business creationa multilevel approach

  1. María Jesús Rodríguez-Gulías 1
  2. Vítor Manuel de Sousa Gabriel 3
  3. David Rodeiro-Pazos 2
  1. 1 Universidade da Coruña
    info

    Universidade da Coruña

    La Coruña, España

    ROR https://ror.org/01qckj285

  2. 2 Universidade de Santiago de Compostela
    info

    Universidade de Santiago de Compostela

    Santiago de Compostela, España

    ROR https://ror.org/030eybx10

  3. 3 Instituto Politécnico da Guarda
    info

    Instituto Politécnico da Guarda

    Guarda, Portugal

    ROR https://ror.org/02463v873

Mostrar afiliacións +
Revista:
Revista de economía mundial

ISSN: 1576-0162

Ano de publicación: 2020

Número: 54

Páxinas: 21-42

Tipo: Artigo

DOI: 10.33776/REM.V0I54.3825 DIALNET GOOGLE SCHOLAR lock_openArias Montano editor

Outras publicacións en: Revista de economía mundial

Resumo

El emprendimiento es una prioridad para los gobiernos en todo el mundo y numerosos estudios han señalado la importancia de la gobernanza para promover la creación de empresas. En este trabajo utilizamos una modelización multinivel sobre una muestra de 206 países, para el período 2004-2014, para probar empíricamente tres hipótesis. En primer lugar, verificamos si la creación de nuevas empresas está parcialmente determinada por las regiones supranacionales donde se encuentran los países. En segundo lugar, estimamos el impacto inmediato de la gobernanza en las tasas de creación de empresas y, en tercer lugar, se consideró el efecto retardado de la gobernanza. Nuestros resultados mostraron que los países ubicados en la misma región supranacional son más homogéneos en términos de emprendimiento que los países ubicados en una región diferente

Referencias bibliográficas

  • Acs, Z., Desai, S., Hessels, J. (2008): “Entrepreneurship, Economic Development and Institutions”, Small Business Economics, 31, 219–234.
  • Aghion, P., Burgess, R., Redding, S., Zilibotti, F. (2005): “Entry Liberalization and Inequality in Industrial Performance”, Journal of the European Economic Association, 3(2-3), 291–302.
  • Ajzen, I. (1991): “The Theory of Planned Behavior”, Organizational Behavior and Human Decision Processes, 50, 179–211.
  • Álvarez, C., Urbano, D., Coduras, A., Ruiz, J. (2011): “Environmental Conditions and Entrepreneurial Activity: A Regional Comparison in Spain”, Journal of Small Business and Enterprise Development, 18(1), 120–140.
  • Amorós, J., Bosma, N. (2013): “Global Entrepreneurship Monitor”, Global Report.
  • Amorós, J., Masferrer, M. (2010): “Dynamics of Entrepreneurship and Quality of Government Institutions: An Evaluation Using Crosscountry Data”, Fourth Global Entrepreneur Monitor Research Conference, October, 2010.
  • Anokhin, S., Grichnik, D., Hisrich, R. (2008): “The Journey from Novice to Serial Entrepreneurship in China and Germany: Are the Drivers the Same?”, Managing Global Transitions, 6, 117–142.
  • Aron, J. (2000): “Growth and Institutions: A Review of the Evidence”, World Bank Research Observer, 15(1), 99–135.
  • Bettignies, J., Brander, A. (2007): “Financing Entrepreneurship: Bank Finance versus Venture Capital”, Journal of Business Venturing, 26, 808–832.
  • Beugelsdijk, S. (2007): “Entrepreneurial Culture, Regional Innovativeness and Economic Growth”, Journal of Evolutionary Economics, 17, 187–210.
  • Bjørnskov, C., Foss, N. (2008): “Economic Freedom and Entrepreneurial Activity: Some Cross-country Evidence”, Public Choice, 134, 307–328.
  • Boettke, P. Coyne C. (2009): “Context Matters: Institutions and Entrepreneurship”, Foundations and Trends in Entrepreneurship, 5, 135–209.
  • Bosma, N., Schutjens, V. (2011): “Understanding Regional Variation in Entrepreneurial Activity and Entrepreneurial Attitude in Europe”, Annals of Regional Science, 47, 711–742.
  • Carayannis, E. G., Campbell, D. F. J. (2010): “Triple Helix, Quadruple Helix and Quintuple helix and how Do Knowledge, Innovation and the Environment Relate to each other? A Proposed Framework for a Trans-disciplinary Analysis of Sustainable Development and Social Ecology”, International Journal of Social Ecology and Sustainable Development, 1(1), 41–69.
  • Carbonell, S. (2005): “The Entrepreneurial Environment in Latin America”, In: Z. Acs, P. Arenius, M. Hay, & M. Minniti, Global Entrepreneurship Monitor. Executive Report 2004. Babson College/London Business School.
  • Dau, L., Cuervo-Cazurra, A. (2014): “To Formalize or not to Formalize: Entrepreneurship and Pro-market Institutions”, Journal of Business Venturing, 29(5), 668–686.
  • Dima, B., Lobont, O., Moldovan, N. (2016): “Does the Quality of Public Policies and Institutions Matter for Entrepreneurial Activity? Evidences from the European Union’s Member States”, Panoeconomicus, 63(4), 425–439.
  • Dreher, A., Schneider, F. (2010): “Corruption and the Shadow Economy: An Empirical Analysis”, Public Choice, 144, 215–238.
  • Freytag, A., Thurik, R. (2007): “Entrepreneurship and its Determinants in a Cross-country Setting”, Journal of Evolutionary Economics, 17, 117–131.
  • Gedeon, S. (2010): “What Is Entrepreneurship?”, Entrepreneurial Practice Review, 1, 16–35.
  • Gërxhani, K. (2004): “The Informal Sector in Developed and less Developed Countries: Literature Survey”, Public Choice, 120, 267–300.
  • Ghani, E., Kerr, W., O’Connell, S. (2014): “Spatial Determinants of Entrepreneurship in India”, Regional Studies, 48(6), 1071–1089.
  • Grosanu, A., Bota-Avram, C., Rachisan, P., Vesselinov, R., Tiron-Tudor, A. (2015): “The Influence of Country-level Governance on Business Environment and Entrepreneurship: A Global Perspective”, Amfiteatru Economic, 17(38), 60–75.
  • Gugler, P., Chaisse, J. (2009): Competitiveness of ASEAN Countries: Corporate and Regulatory Drivers. Cheltenham: Edward Elgar, New Horizon in International Business Series.
  • Henrekson, M. (2007): “Entrepreneurship and Institutions”, Comparative Labor Law and Policy Journal, 28, 717–742.
  • Kaufmann, D., Kraay, A. (2003): Governance and Growth: Causality which Way? Evidence for the world, World Bank Institute, Washington, DC.
  • Kaufmann, D., Kraay, A., Mastruzzi, M. (2006): Governance Matters V: Governance Indicators for 1996-2005. World Bank, Washington D.C.
  • Kaufmann, D., Kraay, A., Matruzzi, M. (2010): The Worldwide Governance Indicators: Methodology and Analytical Issues. World Bank Policy Research Working Paper No. 5430.
  • Klapper, L., Amit, R., Guillén, F., Quesada, J. (2007): Entrepreneurship and Firm formation across Countries. Research Working Paper No. 4313. World Bank, Washington D.C.
  • Klapper, L., Laeven, L., Rajan, R. (2006): “Entry Regulation as a Barrier to Entrepreneurship”, Journal of Financial Economics, 82(3), 591–629.
  • Klapper L., Love, I. (2010): The Impact of the Financial Crisis on new Firm Registration. World Bank, Washington, D.C.
  • Knoll, M., Zloczysty, P. (2012): “The Good Governance Indicators of the Millennium Challenge Account: How many Dimensions Are Really being Measured?”, World Development, 40, 900–915.
  • Leckie, G. (2013): Three-level Multilevel Models – Concepts. LEMMA VLE Module 11, 1–47. http://www. bristol.ac.uk/cmm/learning/course.html. Accessed 15 January 2017.
  • McMillan, J., Woodruff, C. (2002): “The Central Role of Entrepreneurs in Transition Economies”, Journal of Economic Perspectives, 16(3), 153–170.
  • Minniti, M., Levesque, M. (2008): “Recent Developments in the Economics of Entrepreneurship”, Journal of Business Venturing, 23, 603–612.
  • Naudé, W. (2010): “Entrepreneurship, Developing Countries, and Development Economics: New Approaches and Insights”, Small Business Economics, 34, 1–12.
  • North, D. (1994): “Economic Performance Through Time”, American Economic Review, 84, 359–368.
  • Nystrom, K. (2008): “The Institutions of Economic Freedom and Entrepreneurship: Evidence from Panel Data”, Public Choice, 136, 269–282.
  • Obschonka, M., Schmitt-Rodermund, E., Gosling, S., Silbereisen, R. (2013): “The Regional Distribution and Correlates of an Entrepreneurshipprone Personality Profile in the United States, Germany, and the United Kingdom: A Socioecological Perspective”, Journal of Personality and Social Psychology, 105, 104–122.
  • Ong, K. (2006): “Enabling Effective Governance in ASEAN Community”, CAPAM 2006 Biennial Conference, Sydney, 23 October 2006. http://www.asean. org/resources/. Accessed 14 November 2016.
  • Rabe-Hesketh, S., Skrondal, A. (2012): Multilevel and Longitudinal Modeling Using Stata (Vols. I + II (3rd ed.). Stata Press, College Station, TX
  • Rose-Ackerman, S. (2004): “The Challenge of Poor Governance and Corruption. Copenhagen Consensus Challenge Paper”, Copenhagenconcensus.com.
  • Salimath, M., Cullen, J. (2010): “Formal and Informal Institutional Effects on Entrepreneurship: A Synthesis of Nation-level Research”, International Journal of Organizational Analysis, 18(3), 358–385.
  • Schneider, F., Buehn, A., Montenegro, C. (2010): “New Estimates for the Shadow Economies all over the World”, International Economic Journal, 24(4), 443–461.
  • Schumacher, I. (2013): “Political Stability, Corruption and Trust in Politicians”, Economic Modelling, 31, 359–369.
  • Steele, F. (2014): Multilevel Modelling of Repeated Measures Data. LEMMA VLE Module 15, 1–62. http://www.bristol.ac.uk/cmm/learning/course.html. Accessed 12 January 2017.
  • Tanzi, V., Davoodi, H. (1997): “Corruption, Public Investment, and Growth”, International Monetary Fund Working Paper 97/139.
  • Thai, M., Turkina, E. (2014): “Macro-level Determinants of Formal Entrepreneurship Versus Informal Entrepreneurship”, Journal of Business Venturing, 29(4), 490–510.
  • Thornton, P., Ribeiro-Soriano, D., Urbano, D. (2011): “Socio-cultural and Entrepreneurial Activity: An Overview”, International Journal of Small Business, 29(2), 105–118.
  • Van Stel, A., Storey, D., Thurik, R. (2007): “The Effect of New Business Regulations on Nascent and Young Business Entrepreneurship”, Small Business Economics, 28, 171–186.
  • Wagner, J., Sternberg, R. (2004): “Start-up activities, Individual Characteristics, and the Regional Milieu: Lessons for Entrepreneurship Support Policies from German Micro Data”, Annals of Regional Science, 38, 219–240.
  • Wennekers, S., Uhlaner, L., Thurik, R. (2002): “Entrepreneurship and its Conditions: A Macro Perspective”, International Journal of Entrepreneurship Education, 1, 25–68.
  • Williamson, O. (2000): “The new Institutional Economics: Taking Stock, Looking Ahead”, Journal of Economic Literature, 38, 595–613.
  • World Bank (2013): What is Governance? http://web.worldbank.org/. Accessed 15 October 2016.
Fonte de datos: Dialnet