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Inequality and Entrepreneurial Activity  

Hwang, Byung ho (Kookmin University)
Kim, Do hyeon (College of Business Administration, Kookmin University)
Publication Information
Asia-Pacific Journal of Business Venturing and Entrepreneurship / v.13, no.3, 2018 , pp. 1-12 More about this Journal
Abstract
This study attempts to identify the relationship between inequality and entrepreneurship activities and to provide theoretical and policy implications. To do this, we use the Global Entrepreneurship Monitor (GEM), which is a survey of entrepreneurial activities at the national level, the World Income Inequality Database (WIID), and the World Bank survey data. The analysis shows entrepreneurial activities are relatively high in countries with high level of inequality. We also find GDP moderates the relationship between inequality and entrepreneurial activity. In addition, as expected, necessity entrepreneurship prevails in low income group while opportunity entrepreneurship is dominant in high income group. The study illustrates potential venue for research of entrepreneurship and inequality, whiles calls for broader studies and scrutiny.
Keywords
Entrepreneurship; Entrepreneurial Activity; Inequality; GDP;
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Times Cited By KSCI : 1  (Citation Analysis)
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