The global technology frontier: productivity growth and the relevance of Kirznerian and Schumpeterian entrepreneurship
Abstract
We 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...
Paper Details
Title
The global technology frontier: productivity growth and the relevance of Kirznerian and Schumpeterian entrepreneurship
Published Date
Mar 6, 2019
Journal
Volume
55
Issue
1
Pages
153 - 178
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