Relationship Between Organizations, Institutions, Entrepreneurship and Economic Growth Process

Authors

Edward Nissan, University of Southern MississippiFollow
Miguel-Ángel Galindo Martin, University of Castilla-La ManchaFollow
María-Teresa Méndez Picazo, Universidad Complutense de MadridFollow

Document Type

Article

Publication Date

9-1-2011

Department

Political Science, International Development, and International Affairs

Abstract

The main goal of this paper is to show that organizations and institutions play a relevant role in the economic growth process, both directly and indirectly. Human capital plays a direct role by facilitating the introduction and use of new technologies. A more indirect role is play by entrepreneurial activity in three ways: 1) supplying monetary funds; 2) creating an adequate social climate and 3) encouraging trust in the society. The hypotheses introduced are tested using the data on eleven countries.

Publication Title

International Entrepreneurship and Management Journal

Volume

7

Issue

3

First Page

311

Last Page

324

Recommended Citation

Nissan, E., Martin, M. G., Picazo, M. M. (2011). Relationship Between Organizations, Institutions, Entrepreneurship and Economic Growth Process. International Entrepreneurship and Management Journal, 7(3), 311-324.
Available at: https://aquila.usm.edu/fac_pubs/532