Economic Inequality and Entrepreneurship Entrepreneurship EI - PowerPoint PPT Presentation

Economic Inequality and Entrepreneurship

Entrepreneurship ßà EI • Entrepreneurship à EI: – a mechanism for increased social mobility and poverty alleviation – a mechanism for wealth accumulation and wealth concentration – Schumpeter: Creative Destruction • EI à Entrepreneurship: – Opportunity Identification – Resource access and assembly – Motivation, drivers, entrepreneurial attitudes

National Level EI and Entrepreneurial Activity - EI: GINI (income vs. wealth inequality) -Entr. Activity: GEM (TEA, OEA, NEA, Entr. Attitudes) % or population engaged (TEA) Entrepreneurial Activity ◊ Economic Inequality ◊ (GINI)

National Levels of EI and Entrepreneurial Activity H4: Economic inequality positively moderates the relationship between entrepreneurial attitudes and total entrepreneurial activity

Discussion Questions • At a macrolevel what influence does entrepreneurship have on EI? (micro-enterprises, high growth firms, social mobility, wealth accumulation) • How does EI influence entrepreneurship? (opportunities; resources; drivers and attitudes) – How are specific entrepreneurial attitudes influenced by EI (fear of failure, respect for entrepreneurs, self-efficacy, need for achievement) • Does the level of analysis (county, national, international) influence the EI and Entrepreneurship relationship – What data sources are available to explore the EI/Entr relationship? What are their limitations? • What is the relationship between EI and entrepreneurship related poverty alleviation initiatives (e.g. micro credit/finance, NGO development programs)?