Innovation, Progress, Entrepreneurship and Cultural Aspects

Document Type

Article

Publication Date

11-21-2012

Department

Political Science, International Development, and International Affairs

School

Social Science and Global Studies

Abstract

In the case of economic progress, some of the literature has considered economic growth and economic progress to be the same thing. However, there is a relevant difference between the two concepts. As Holcombe states, economic growth considers the quantity of products and economic progress the quality of products. Innovation has been considered as a key factor to promote economic progress. A culture would have a direct and an indirect effect on innovation through entrepreneurship. The goal of this paper is to analyze the relationship between culture and innovation. To carry out this study, an empirical estimation has been developed for the case of 11 countries. © 2012 Springer Science+Business Media, LLC.

Publication Title

International Entrepreneurship and Management Journal

Volume

8

Issue

4

First Page

411

Last Page

420

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