IDEAS home Printed from https://ideas.repec.org/a/taf/reroxx/v33y2020i1p1830-1848.html
   My bibliography  Save this article

Macroeconomic and institutional drivers of early failure among self-employed entrepreneurs: an analysis of the euro zone

Author

Listed:
  • Francisco del Olmo-García
  • Fernando Crecente
  • María Sarabia

Abstract

The development of entrepreneurial activity is essential to achieve sustainable economic growth and development in the euro area. However, the European institutions have not given the same importance to the failure of entrepreneurial activity and its causes. With this in mind, and considering the countries of the euro area, on the basis of Eurostat’s business demography data for the years 2008 to 2016, an analysis of panel data was conducted relating the early failure of self-employed entrepreneurs to their macroeconomic and institutional environment. The results thus show a negative relationship with respect to the quality of formal institutions, entrepreneurial culture and social norms, the efficiency of goods markets and entrepreneurial freedom. On the other hand, a positive relationship is shown with respect to the high status assigned to successful entrepreneurs.

Suggested Citation

  • Francisco del Olmo-García & Fernando Crecente & María Sarabia, 2020. "Macroeconomic and institutional drivers of early failure among self-employed entrepreneurs: an analysis of the euro zone," Economic Research-Ekonomska Istraživanja, Taylor & Francis Journals, vol. 33(1), pages 1830-1848, January.
    • Handle: RePEc:taf:reroxx:v:33:y:2020:i:1:p:1830-1848
    DOI: 10.1080/1331677X.2020.1754268
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1080/1331677X.2020.1754268
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1080/1331677X.2020.1754268?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Jackson Juatco Tan & Virginia Ramirez Arceo, 2024. "Women driving Philippine entrepreneurship: Social and governance issues as mediated by economic development," Journal of Global Entrepreneurship Research, Springer;UNESCO Chair in Entrepreneurship, vol. 14(1), pages 1-13, December.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:taf:reroxx:v:33:y:2020:i:1:p:1830-1848. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/rero .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.