Experts vs. Public, Who Knows Better? Factors Affecting High Growth Entrepreneurship in Developed and Developing Countries

Author

Su Min Ha, Claremont McKenna CollegeFollow

Graduation Year

2016

Date of Submission

4-2016

Document Type

Open Access Senior Thesis

Degree Name

Bachelor of Arts

Department

Economics

Reader 1

Oana Tocoian

Terms of Use & License Information

Terms of Use for work posted in Scholarship@Claremont.

Rights Information

© 2016 Su Min Ha

Abstract

This paper uses the Global Entrepreneurship Monitor data of approximately 200,000 surveys conducted on industry experts and general population to examine factors that have a significant impact on high growth Total Early-Stage Entrepreneurial Activity (TEA), with a focus on developed countries with GDP per capita of USD 20,000 or above. The results suggest that expert opinion has a significant positive correlation with high growth TEA in developed countries, while only the public sentiment has a meaningful relationship with high growth TEA in developing countries. Among the specific categories of the survey, access to funding and government regulations and support had the largest impact.

Recommended Citation

Ha, Su Min, "Experts vs. Public, Who Knows Better? Factors Affecting High Growth Entrepreneurship in Developed and Developing Countries" (2016). CMC Senior Theses. 1415.
https://scholarship.claremont.edu/cmc_theses/1415