Government expenditure and entrepreneurial activity: considering the types of entrepreneurial motivations

Abstract

As a cross-national study, we analyze the relationship between the functional-level government expenditure and the different types of entrepreneurship, that is, whether it is an opportunity-or necessity-based entrepreneurship.Our analysis of 17 Organization for Economic Cooperation and Development (OECD) nations revealed that government investments in economic affairs are positively related to opportunity-driven entrepreneurship, but negatively to necessity-driven entrepreneurship.On the other hand, government spending on education is positively related to necessity-driven entrepreneurship.Further, we find that larger government expenditure on education in Asian countries encourages more entrepreneurs to start their businesses than the rest of the OECD.

Cite this work

No public copy is stored for this record, so only the metadata is cited.

Stored only when both papers are in the corpus — 9 citations exist upstream.

Papers that cite the same references — the relational fallback while embeddings are still backfilling.