The Relationship between Entrepreneurship and Innovation: A Dynamic Panel Data Analysis

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Tarih

2016

Dergi Başlığı

Dergi ISSN

Cilt Başlığı

Yayıncı

Eskisehir Osmangazi Univ, Fac Education

Erişim Hakkı

info:eu-repo/semantics/closedAccess

Özet

Entrepreneurship and innovation are two of the most pervasive concepts of our times. Innovation and entrepreneurship have been one of the factors that provide developing countries to reach higher development stages as well as developed countries and to perform economic and social transformations and will continue. In this study, the relationship between innovation and entrepreneurship were examined for OECD countries for the period of 1990-2011 using dynamic panel data models. Results showed that the innovation and entrepreneurship have a long-term relationship, whereas in the short term there was no such indication. Accordingly, 1% increase in business ownership rate would increase the private sector R&D expenditures by 5.9%. Analysis results also showed that; the coefficients of error correction parameters of Belgium, Canada, Czech Republic, Finland, France, Germany, Ireland, Italy, South Korea, Mexico, Poland, Slovakia, the Netherlands, the United Kingdom and the United States were meaningful and revealed a long term relationship in these countries.

Açıklama

Isik, Haci Bayram/0000-0002-5228-4004

Anahtar Kelimeler

Entrepreneurship, Innovation, Dynamic Panel Data Analysis

Kaynak

Eskisehir Osmangazi Universitesi Iibf Dergisi-Eskisehir Osmangazi University Journal Of Economics And Administrative Sciences

WoS Q Değeri

N/A

Scopus Q Değeri

Cilt

11

Sayı

3

Künye

Işık H., Işık N., Kılınç E. C. (2016). The Relationship between Entrepreneurship and Innovation: A Dynamic Panel Data Analysis. Eskişehir Osmangazi Üniversitesi İktisadi ve İdari Bilimler Dergisi, 11(3), 7 - 20.