RT Journal Article
T1 How economic freedom affects opportunity and necessity entrepreneurship in the OECD countries
A1 Angulo-Guerrero, María José
A1 Pérez-Moreno, Salvador Jesús
A1 Abad-Guerrero, Isabel María
K1 Organización de Cooperación y Desarrollo Económico
K1 Economía de mercado
AB This research addresses the extent to which economic freedom, understood as market  economy-oriented institutions and policies, matters for opportunity entrepreneurship and necessity  entrepreneurship. To this end, we carry out a panel data dynamic analysis in the OECD countries  during the period 2001-2012 by using the system Generalized Method of Moments estimator. We  examine the relationship between the Fraser Institute’s economic freedom index and its five areas,  and both indicators from the Global Entrepreneurship Monitor on opportunity entrepreneurship and necessity entrepreneurship. We find that economic liberalization tends to encourage opportunity entrepreneurship and to discourage necessity entrepreneurship. In particular, opportunity  entrepreneurship seems to benefit from improvements in legal structure and security of property  rights and in regulation of credit, labor, and business, while both aspects and more freedom to trade  internationally seem to damage necessity entrepreneurship.
PB Elsevier
YR 2017
FD 2017-04
LK https://hdl.handle.net/10630/33955
UL https://hdl.handle.net/10630/33955
LA eng
NO Angulo-Guerrero, M.J., Pérez-Moreno, S.,  & Abad-Guerrero, I.M. (2017). How economic freedom affects opportunity and necessity entrepreneurship in the OECD countries, Journal of Business Research, Volume 73, 30-37. https://doi.org/10.1016/j.jbusres.2016.11.017.
NO Grant FC14-ECO-16
DS RIUMA. Repositorio Institucional de la Universidad de Málaga
RD 21 ene 2026