Innovation and Entrepreneurship: A Tale of Siblings
Authors: J. Kalu Osiri and Roberto Stein
Issue: 2021, Vol. 7
Abstract
Using data from 52 countries, we analyzed the relationship between entrepreneurship and innovation. Contrary to conventional wisdom, we report that no relationship exist between national levels of innovation and two entrepreneurship measures; namely: total entrepreneurial activity and opportunity entrepreneurship. We also found innovation to be inversely related to necessity entrepreneurship, an occurrence we believe is due to the munificence of career opportunities spurred by innovation and which reduces the necessity for people to start businesses out of necessity.
Keywords: entrepreneurship, innovation, necessity entrepreneurship, global innovation
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Authors: J. Kalu Osiri and Roberto Stein
Issue: 2021, Vol. 7
Abstract
Using data from 52 countries, we analyzed the relationship between entrepreneurship and innovation. Contrary to conventional wisdom, we report that no relationship exist between national levels of innovation and two entrepreneurship measures; namely: total entrepreneurial activity and opportunity entrepreneurship. We also found innovation to be inversely related to necessity entrepreneurship, an occurrence we believe is due to the munificence of career opportunities spurred by innovation and which reduces the necessity for people to start businesses out of necessity.
Keywords: entrepreneurship, innovation, necessity entrepreneurship, global innovation
To download the article, please click on the PDF file or read on this page below:
| Innovation and Entrepreneurship A Tale of Siblings by J. Kalu Osiri and Roberto Stein |
