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dc.contributor.authorLecuna, Antonio
dc.date.accessioned2014-10-08T23:16:49Z
dc.date.available2014-10-08T23:16:49Z
dc.date.issued2014
dc.identifier.citationJournal of Technology Management & Innovation 9(1): 2014, p. 13-26es_CL
dc.identifier.urihttp://repositorio.uahurtado.cl/handle/11242/4358
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.es_CL
dc.language.isoen_USes_CL
dc.publisherUniversidad Alberto Hurtado. Facultad de Economía y Negocioses_CL
dc.rightsAttribution 3.0 Unportedes_CL
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/es_CL
dc.subjectEntrepreneurial activityes_CL
dc.subjectincome inequalityes_CL
dc.subjectinstitutionses_CL
dc.subjectGini indexes_CL
dc.titleHigh Income Inequality as a Structural Factor in Entrepreneurial Activityes_CL
dc.typeArtículoes_CL


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Attribution 3.0 Unported
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