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dc.contributor.authorLafuente González, Esteban Miguel
dc.contributor.authorAcs, Zoltan
dc.contributor.authorSanders, Mark
dc.contributor.authorSzerb, László
dc.contributor.otherUniversitat Politècnica de Catalunya. Departament d'Organització d'Empreses
dc.date.accessioned2019-03-19T10:14:06Z
dc.date.available2019-03-19T10:14:06Z
dc.date.issued2019
dc.identifier.citationLafuente, E. [et al.]. The global technology frontier: productivity growth and the relevance of Kirznerian and Schumpeterian entrepreneurship. "Small business economics", 2019.
dc.identifier.issn0921-898X
dc.identifier.urihttp://hdl.handle.net/2117/130573
dc.description.abstractWe evaluate how country-level entrepreneurship—measured via the national system of entrepreneurship—triggers total factor productivity (TFP) by increasing the effects of Kirznerian and Schumpeterian entrepreneurship. Using a database for 45 developed and developing countries during 2002–2013, we employ non-parametric techniques to build a world technology frontier and compute TFP estimates. The results of the common factor models reveal that the national system of entrepreneurship is a relevant conduit of TFP, and that this effect is heterogeneous across countries. Policies supporting Kirznerian entrepreneurship—e.g., increased business formation rates—may promote the creation of low value-adding businesses which is not associated with higher TFP rates. Policy interventions targeting Schumpeterian entrepreneurship objectives—e.g., innovative entrepreneurship and the development of new technologies—are conducive to technical change by promoting upward shifts in the countries’ production function and, consequently, productivity growth.
dc.language.isoeng
dc.publisherSpringer
dc.rightsAttribution-NonCommercial-NoDerivs 3.0 Spain
dc.rights.urihttp://creativecommons.org/licenses/by-nc-nd/3.0/es/
dc.subject.lcshCompetition
dc.subject.lcshEntrepreneurship
dc.subject.otherNational system of entrepreneurship
dc.subject.otherTotal factor productivity
dc.subject.otherTechnical change
dc.subject.otherParameter heterogeneity
dc.subject.otherCommon factor model
dc.subject.otherInternational
dc.titleThe global technology frontier: productivity growth and the relevance of Kirznerian and Schumpeterian entrepreneurship
dc.typeArticle
dc.subject.lemacCompetència econòmica
dc.subject.lemacEmprenedoria
dc.identifier.doi10.1007/s11187-019-00140-1
dc.description.peerreviewedPeer Reviewed
dc.relation.publisherversionhttps://link.springer.com/article/10.1007/s11187-019-00140-1
dc.rights.accessOpen Access
drac.iddocument23973628
dc.description.versionPostprint (published version)
upcommons.citation.authorLafuente, E.; Acs, Z.; Sanders, M.; Szerb László
upcommons.citation.publishedtrue
upcommons.citation.publicationNameSmall business economics


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Except where otherwise noted, content on this work is licensed under a Creative Commons license: Attribution-NonCommercial-NoDerivs 3.0 Spain