Human development and entrepreneurship: A cross-country analysis of early-stage, intention, and discontinuation

Cristian A. Rojas, Felipe Chávez-Bustamante*, Rolando Rubilar-Torrealba

*Autor correspondiente de este trabajo

Producción científica: Contribución a una revistaArtículorevisión exhaustiva

Resumen

Entrepreneurship is widely recognized as a vital driver of economic growth, yet its relationship through different stages with broader, non-purely monetary dimensions still needs to be explored. This research seeks to fill this gap by investigating the association between human development and entrepreneurship, recognizing the crucial role of environmental conditions in shaping entrepreneurial activity. Our cross-country Bayesian analysis shows strong evidence that a nation’s level of human development is associated with entrepreneurial activity in three stages: early entrepreneurship, intention for future engagement, and discontinuation of ventures. Our findings expand the intricate relationship between entrepreneurship and economic variables, highlighting the importance of environmental conditions in shaping entrepreneurial behavior. This article emphasizes that promoting robust entrepreneurial ecosystems requires considering integral dimensions such as human development. Policymakers and researchers should broaden their perspectives to encompass these holistic dimensions to create an environment conducive to entrepreneurial growth.

Idioma originalInglés
Número de artículoe0313678
Páginas (desde-hasta)e0313678
PublicaciónPlos One
Volumen19
N.º11
DOI
EstadoPublicada - 2024

Nota bibliográfica

Publisher Copyright:
© 2024 Rojas et al. This is an open access article distributed under the terms of the Creative Commons Attribution License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original author and source are credited.

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