RT Conference Proceedings
T1 Entrepreneurship and Economic Liberalization in the OECD Countries
A1 Angulo-Guerrero, María José
A1 Pérez-Moreno, Salvador Jesús
A1 Abad-Guerrero, Isabel María
K1 Economía de libre mercado
AB Entrepreneurship displays remarkable differences across countries because of diverse factors. In this sense, it is frequently argued that economic liberalization encourages entrepreneurship. In this paper we address the extent to which economic freedom, understood as market economy oriented institutions and policies, matters for entrepreneurial activity through a panel data analysis for 78 countries during the period 2001-2012. We examine the relationship between the Fraser Institute’s economic freedom index and its five areas, and three entrepreneurial activity indicators from the Global Entrepreneurship Monitor, namely total entrepreneurial activity, necessity entrepreneurship and opportunity entrepreneurship. Economic freedom seems to increase opportunity entrepreneurship and decrease necessity entrepreneurship. Focusing on the OECD countries, we highlight that economic freedom is positively associated with entrepreneurship. In terms of entrepreneurship motivation, we find that a more flexible regulation of credit, labor and business, as well as entrepreneurial attitudes, may contribute to enhance opportunity entrepreneurship
YR 2016
FD 2016-06-30
LK http://hdl.handle.net/10630/11715
UL http://hdl.handle.net/10630/11715
LA eng
NO Universidad de Málaga. Campus de Excelencia Internacional Andalucía Tech
DS RIUMA. Repositorio Institucional de la Universidad de Málaga
RD 21 ene 2026