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Google Search Activity as Entrepreneurship Thermometer

In: New Challenges in Entrepreneurship and Finance

Author

Listed:
  • Raúl Gómez Martínez

    (Rey Juan Carlos University and European Academy of Management and Business Economics (AEDEM))

  • Miguel Prado Román

    (Rey Juan Carlos University and European Academy of Management and Business Economics (AEDEM))

  • Carmelo Mercado Idoeta

    (Rey Juan Carlos University and European Academy of Management and Business Economics (AEDEM))

Abstract

Parallel to the use of Internet and the explosion of social networks, there are emerging alternative approaches to the use of surveys that provide us relevant information about many economic variables. Thus, the information of Internet searches that provides Google Trends has been useful to explain financial variables such as investors’ mood, demand, volatility and liquidity of securities or currencies, as well as non-financial variables as labour market or housing market. In this paper we propose an econometric model which can provide the temperature of entrepreneurship from Google search activity for terms related to entrepreneurship and business creation.

Suggested Citation

  • Raúl Gómez Martínez & Miguel Prado Román & Carmelo Mercado Idoeta, 2015. "Google Search Activity as Entrepreneurship Thermometer," Springer Books, in: Marta Peris-Ortiz & Jean-Michel Sahut (ed.), New Challenges in Entrepreneurship and Finance, edition 127, chapter 0, pages 225-233, Springer.
    • Handle: RePEc:spr:sprchp:978-3-319-08888-4_16
    DOI: 10.1007/978-3-319-08888-4_16
    as

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