Entrepreneurial Culture and Economic Growth
We reestimate <link rid="b22">McClelland's (1961)</link> thesis on entrepreneurial culture and economic development. McClelland found a strong positive correlation between measures of need for achievement ("N" achievement) imagery in school textbooks and the subsequent rate of economic growth. Benchmarking our findings against generally accepted empirical growth models, we find no support for his thesis. This leads us to rethink the relationship between entrepreneurial culture and economic growth. Copyright © 2008 American Journal of Economics and Sociology, Inc..
Year of publication: |
2008
|
---|---|
Authors: | Beugelsdijk, Sjoerd ; Smeets, Roger |
Published in: |
American Journal of Economics and Sociology. - Wiley Blackwell. - Vol. 67.2008, 5, p. 915-939
|
Publisher: |
Wiley Blackwell |
Saved in:
freely available
Saved in favorites
Similar items by person
-
FDI stocks are a biased measure of foreign affiliate activity
Beugelsdijk, Sjoerd, (2011)
-
Entrepreneurial culture and economic growth : revisiting McClelland's thesis
Beugelsdijk, Sjoerd, (2008)
-
Why and how FDI stocks are a biased measure of MNE affiliate activity
Beugelsdijk, Sjoerd, (2010)
- More ...