International Congress on Eurasian Economies

International Conference on Eurasian Economies

17-18 September 2013 – St. Petersburg, RUSSIA

Paper detail

Paper ID : 734
Status : Paper published
Language : English
Topic : Microeconomics and Entrepreneurship
Presenter: Prof. Dr. Ahmet İncekara
Session : 0A Opening Session

Impact of Globalization on Entrepreneurship in Developing Countries
Impact of Globalization on Entrepreneurship in Developing Countries

Abstract

Contemporarily, globalization is regarded as one of the most comprehensive forces that shape the modern world. It led to major increases in worldwide trade and exchanges in an increasingly open, integrated, and borderless international economy. The participation of developing countries in the globalization process created an opportunity for them to better utilize their comparative advantages through entrepreneurs. Entrepreneurship is often associated with job creation, wealth creation, innovation and its related welfare effects. Thus it is generally credited with economic development instrument especially for developing countries. In this regard, impact of globalization on entrepreneurship in developing countries is investigated in the study. Entrepreneurship and globalization data is collected from KOF Index of Globalization and Global Entrepreneurship Monitor. The data of the countries classified by UNDP Country Classification System. Comparison of the data has shown that globalization has a positive impact on entrepreneurial activities and although entrepreneurship levels are rising all over the world it is more effective in developing countries than developed ones and emerging markets in the last decade due to the increase in the globalization process.

JEL codes: L26, O10, F01

İncekara, Ahmet, Savrul, Mesut (2013). "Impact of Globalization on Entrepreneurship in Developing Countries" in Proceedings of International Conference of Eurasian Economies 2013, pp.13-21, St. Petersburg, RUSSIA.

DOI: https://doi.org/10.36880/C04.00734

Full paper in PDF format.

Session 0A: Opening Session

Istanbul Beykent University Turkish Central Bank TIKA