Graduation Year
2017
Date of Submission
4-2017
Document Type
Campus Only Senior Thesis
Degree Name
Bachelor of Arts
Department
Economics
Reader 1
Manfred Keil
Terms of Use & License Information
Rights Information
© 2017 Yi Zhang
Abstract
Using data from the Global Entrepreneurship Monitor, I explored the long-term effect of entrepreneurial activities on economic growth. With both cross-sectional and panel analysis, I found that it is not the overall participation in entrepreneurial activities that relates to economic growth but only the portion engaged in opportunity-motivated entrepreneurship that explains higher growth. On the contrary, the necessity-driven entrepreneurship negatively impacts economic growth. Further, I found that the positive effect of opportunity-motivated entrepreneurship is stronger for countries that are more developed and with better gender balance in entrepreneurial business. The positive effect is also bigger in more recent time periods.
Recommended Citation
Zhang, Yi, "The Long-Term Effects of Entrepreneurship on Economic Growth" (2017). CMC Senior Theses. 1636.
https://scholarship.claremont.edu/cmc_theses/1636
This thesis is restricted to the Claremont Colleges current faculty, students, and staff.
