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Why is export-oriented entrepreneurship more prevalent in some countries than others? Contextual antecedents and economic consequences

Authors
Type
Published Article
Journal
Journal of World Business
Publisher
Elsevier
Publication Date
Apr 23, 2021
Volume
56
Identifiers
DOI: 10.1016/j.jwb.2020.101177
Source
MyScienceWork
License
White

Abstract

Drawing on institutional economics, this article investigates how different contexts condition the prevalence of export-oriented entrepreneurship, which affects economic growth. We place emphasis on the differences between developed and developing countries through interaction effects that allow us to test for differential validity. Using simultaneous equation panel data models for a sample of 43 countries (2004–2012), we find that access to credit and access to communications are the most significant factors in explaining the export-oriented entrepreneurship required for economic growth. Policy implications for both developed and developing countries are suggested to enhance economic performance under specific context characteristics through export-oriented entrepreneurship.

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