The moderating effects of economic development on innovation and shadow entrepreneurship: grey or pink?

• Type: Article in International Scientific Journal
• Date: 2020

Authors

Santos, E (Author) Other; Fernandes, CI (Author) Other; Ferreira, JJ (Author) Other

Journal

Title: R & D MANAGEMENT

Vol. 50

Pages: 599-613

ISSN: 0033-6807

Indexing

ISI Web of Knowledge - 9 Citations

Scopus - 12 Citations

Other information

Authenticus ID: P-00R-ZHM

DOI: 10.1111/radm.12404

Abstract (EN): There is currently a renewed surge of interest in informal entrepreneurship around the world. One of the motives stems from how such entrepreneurship shapes and influences a substantial part of the global workforce. However, we may also verify how a major proportion of the research in this field focuses on developing economies and thus justifying the application of such analytical approaches to countries with different levels of economic development as is the case with Europe. Our research objectives, on the one hand, involve analysing the impact of R&D investment on informal entrepreneurship and, on the other hand, the moderating effect of the level of economic development on their innovative capacities and informal entrepreneurship results. To this end, and in accordance with Global Entrepreneurship Monitor, we divide the countries of Europe into two stages of development and may report that the higher the level of economic development, the greater the innovative capacity and, furthermore, the lower informal entrepreneurship becomes. The same holds for R&D investment with its increase being inversely proportionate to informal entrepreneurship. We, therefore, seek to contribute toward a better understanding of the problematic framework of informal entrepreneurship, in particular in the European context.

Language: English

Type (Professor's evaluation): Scientific

No. of pages: 15