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Socioeconomic Factors That Stimulate Entrepreneurship and Economic Growth

In: Advances in Empirical Economic Research

Author

Listed:
  • Rafael-Sergio Pérez Pujol

    (University of Castilla-La Mancha)

Abstract

Entrepreneurs have been considered as one of the essential factors for achieving certain economic policy objectives, such as employment or economic growth. This means that stimulating entrepreneurial activity has become one of the main objectives of developed countries. In addition, the economic literature has been gathering different social and economic factors that can promote better conditions for entrepreneurs to develop their activities. The aim of this chapter is to analyze how different socioeconomic factors can favor entrepreneurship and, indirectly, economic growth. To this end, the economic literature is reviewed and complemented by an exploratory analysis with the VOSviewer software. On the other hand, an estimation is carried out by means of the partial least squares (PLS) method using structural equation modeling (SEM). In this way, the empirical analysis is applied to 30 developed OECD countries.

Suggested Citation

  • Rafael-Sergio Pérez Pujol, 2023. "Socioeconomic Factors That Stimulate Entrepreneurship and Economic Growth," Springer Proceedings in Business and Economics, in: Nicholas Tsounis & Aspasia Vlachvei (ed.), Advances in Empirical Economic Research, chapter 0, pages 763-781, Springer.
    • Handle: RePEc:spr:prbchp:978-3-031-22749-3_47
    DOI: 10.1007/978-3-031-22749-3_47
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