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dc.contributorJosé Ernesto Amorós and Carlos Albornoz, Universidad del Desarrollo.en-US
dc.creatorLecuna, Antonio
dc.date2014-04-24
dc.date.accessioned2019-05-03T13:22:12Z
dc.date.available2019-05-03T13:22:12Z
dc.identifierhttps://www.jotmi.org/index.php/GT/article/view/1471
dc.identifier10.4067/S0718-27242014000100002
dc.identifier.urihttp://revistaschilenas.uchile.cl/handle/2250/87214
dc.descriptionStatistical tests on a panel of data from 54 countries over the 2004–2009 period support the proposition that high income inequality and entrepreneurial activity share a positive linear relationship. In a novel approach, the dependent variable is defined from two independent and uncorrelated perspectives: (1) the World Bank Group Entrepreneurship Snapshot, which measures new business entry density based on secondary official sources; and (2) the Total Early Stage Entrepreneurial Activity of the Global Entrepreneurship Monitor project, which is a survey-based measure of formal and informal entrepreneurial participation rates. The empirical strategy is based on the logic that economies with increasing concentrations of wealth tend to encourage entrepreneurial activity because entrepreneurs accumulate more income than workers. Following the disequalizing model, once this inequality appears, it is reinforced in successive generations. The intuition behind this outcome is that a certain level of initial capital is required to establish a new enterprise, which implies that the probability of becoming an entrepreneur increases if an individual has inherited wealth.en-US
dc.formatapplication/pdf
dc.languageeng
dc.publisherFacultad de Economía y Negocios, Universidad Alberto Hurtadoen-US
dc.relationhttps://www.jotmi.org/index.php/GT/article/view/1471/893
dc.rightsCopyright (c) 2014 Journal of Technology Management & Innovationen-US
dc.rightshttp://creativecommons.org/licenses/by/4.0en-US
dc.sourceJournal of Technology Management & Innovation; Vol 9, No 1 (2014); 13-26en-US
dc.sourceJournal of Technology Management & Innovation; Vol 9, No 1 (2014); 13-26es-ES
dc.source0718-2724
dc.subjectEntrepreneurial activity; income inequality; institutions; Gini indexen-US
dc.titleHigh Income Inequality as a Structural Factor in Entrepreneurial Activityen-US
dc.typeinfo:eu-repo/semantics/article
dc.typeinfo:eu-repo/semantics/publishedVersion
dc.typeArtículo revisado por paresen-US


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