The entrepreneurship-growth nexus in the GCC: does political stability matter?

References

• Abker, Omer, Yagoub, & Alamedin. (2023). Institutional environment, entrepreneurial activities and economic growth across selected Arab countries. International Journal of Finance, Insurance and Risk Management, 13(Issue 4), 89–117. https://doi.org/10.35808/ijfirm/373
   Google Scholar
• Acs, Z. J., Desai, S., & Hessels, J. (2008). Entrepreneurship, economic development and institutions. Small Business Economics, 31(3), 219–234. https://doi.org/10.1007/s11187-008-9135-9
   Web of Science ®Google Scholar
• Acs, Z. J., Estrin, S., Mickiewicz, T., & Szerb, L. (2018). Entrepreneurship, institutional economics, and economic growth: An ecosystem perspective. Small Business Economics, 51(2), 501–514. https://doi.org/10.1007/s11187-018-0013-9
   Web of Science ®Google Scholar
• Audretsch, D. B., Keilbach, M. C., & Lehmann, E. E. (2006). Entrepreneurship and economic growth. Oxford University Press.
   Google Scholar
• Barney, J. (1991). Firm resources and sustained competitive advantage. Journal of Management, 17(1), 99–120. https://doi.org/10.1177/014920639101700108
   Web of Science ®Google Scholar
• Bashir, M. F., & Xu, C. (2014). Impact of political freedom, economic freedom and political stability on economic growth. Journal of Economics and Sustainable Development, 5(22), 59–67.
   Google Scholar
• Benlaria, H., Almawishir, N. F. S., Saadaoui, S., Mohammed, S. M. M., Mohamed Ahmed Abdulrahman, B., & Ahmed ELamin Eltahir, I. (2023). The moderating role of research and development (R&D) support in the relationship between entrepreneurship and per capita output—A study on the GCC countries. Economies, 11(6), 162. https://doi.org/10.3390/economies11060162
   Web of Science ®Google Scholar
• Bjørnskov, C., & Foss, N. J. (2016). Institutions, entrepreneurship, and economic growth: What do we know and what do we still need to know? Academy of Management Perspectives, 30(3), 292–315. https://doi.org/10.5465/amp.2015.0135
   Web of Science ®Google Scholar
• Bosma, N., Content, J., Sanders, M., & Stam, E. (2018). Institutions, entrepreneurship, and economic growth in Europe. Small Business Economics, 51(2), 483–499. https://doi.org/10.1007/s11187-018-0012-x
   Web of Science ®Google Scholar
• Boudreaux, C. J. (2019). Entrepreneurship, institutions, and economic growth: Does the level of development matter? https://doi.org/10.48550/arXiv.1903.02934
   Google Scholar
• Corovei, E. A., & Socol, A. (2019). The impact of political stability on economic growth in European Union. Ovidius University Annals, Economic Sciences Series, 19(1), 8–14.
   Google Scholar
• Cox, G. W., & Weingast, B. R. (2018). Executive constraint, political stability, and economic growth. Comparative Political Studies, 51(3), 279–303. https://doi.org/10.1177/0010414017710254
   Web of Science ®Google Scholar
• Dalyop, G. T. (2019). Political instability and economic growth in Africa. International Journal of Economic Policy Studies, 13(1), 217–257. https://doi.org/10.1007/s42495-018-0008-1
   Google Scholar
• Elbargathi, K., & Al-Assaf, G. (2019). The impact of political instability on the economic growth: An empirical analysis for the case of selected Arab countries. International Journal of Business and Economics Research, 8(1), 14–22. https://doi.org/10.11648/j.ijber.20190801.13
   Google Scholar
• Emami Langroodi, F. (2021). Schumpeter’s theory of economic development: A study of the creative destruction and entrepreneurship effects on the economic growth. Journal of Insurance and Financial Management, 4(3), 65–81.
   Google Scholar
• Estrin, S., Mickiewicz, T., & Stephan, U. (2013). Entrepreneurship, social capital, and institutions: Social and commercial entrepreneurship across nations. Entrepreneurship Theory and Practice, 37(3), 479–504. https://doi.org/10.1111/etap.12019
   Web of Science ®Google Scholar
• Furr, N. R., & Eisenhardt, K. M. (2021). Strategy and uncertainty: Resource-based view, strategy-creation view, and the hybrid between them. Journal of Management, 47(7), 1915–1935. https://doi.org/10.1177/01492063211011760
   Web of Science ®Google Scholar
• Ghura, H., Li, X., & Harraf, A. (2017). "Moderating relationship of institutions for opportunity entrepreneurship and economic development: Literature review and proposed conceptual framework. World Journal of Entrepreneurship, Management and Sustainable Development, 13(4), 350–374. https://doi.org/10.1108/WJEMSD-06-2017-0031
   Web of Science ®Google Scholar
• Hamdan, A., Ghura, H., Alareeni, B., & Hamdan, R. K. (2022). Entrepreneurship growth in emerging economies: New insights and approaches. Journal of Sustainable Finance & Investment, 12(1), 1–12. https://doi.org/10.1080/20430795.2021.1944750
   Web of Science ®Google Scholar
• Hussain, B., Ullah, K., Hameed, G., Usman, M., & Ayoub, K. (2021). Impact of entrepreneurship on economic growth in selected developed and developing countries: Exploring the role of institutions. Turkish Online Journal of Qualitative Inquiry, 12(8), 5751–5774.
   Google Scholar
• Kamal, A., Kamel, E. M., Fadel, S. A., & Esmits, M. (2023). MENA region remains at crossroads: A panel analysis modelling political stability and economic freedom to determine economic growth. MSA-Management Sciences Journal, 2(3), 49–79. https://doi.org/10.21608/msamsj.2023.225886.1021
   Google Scholar
• North, D. C. (1990). Institutions, institutional change, and economic performance. Cambridge University Press.
   Google Scholar
• North, D. C. (1991). Institutions. Journal of Economic Perspectives, 5(1), 97–112. https://doi.org/10.1257/jep.5.1.97
   Web of Science ®Google Scholar
• Phul, M. H., Rahpoto, M. S., & Mangnejo, G. M. (2020). Political stability and its impact on economic growth of Pakistan (1988-2018): A time series analysis. Journal of Accounting and Finance in Emerging Economies, 6(1), 273–282. https://doi.org/10.26710/jafee.v6i1.1087
   Google Scholar
• Pradhan, R. P., Arvin, M. B., Nair, M., & Bennett, S. E. (2020). The dynamics among entrepreneurship, innovation, and economic growth in the Eurozone countries. Journal of Policy Modeling, 42(5), 1106–1122. https://doi.org/10.1016/j.jpolmod.2020.01.004
   Web of Science ®Google Scholar
• Prieger, J. E., Bampoky, C., Blanco, L. R., & Liu, A. (2016). Economic growth and the optimal level of entrepreneurship. World Development, 82, 95–109. https://doi.org/10.1016/j.worlddev.2016.01.013
   Web of Science ®Google Scholar
• Radu, M. (2015). Political stability – A condition for sustainable growth in Romania? Procedia Economics and Finance, 30, 751–757. https://doi.org/10.1016/S2212-5671(15)01324-6
   Google Scholar
• Sabra, M. M., & Shreteh, D. (2021). The nexus relationship between entrepreneurship and economic growth dynamic: Evidence from selected MENA countries. Міжнародна економічна політика, 35(2), 56–75. https://doi.org/10.33111/iep.eng.2021.35.03
   Google Scholar
• Savrul, M. (2017). The impact of entrepreneurship on economic growth: GEM data analysis. Pressacademia, 4(3), 320–326. https://doi.org/10.17261/Pressacademia.2017.494
   Google Scholar
• Schulze, W., Deeds, D. L., Wuebker, R., & Kräussl, R. (2015). Toward a pecking order theory of strategic resource deployment. University of Luxembourg, Faculty of Law, Economics and Finance, Luxembourg School of Finance.
   Google Scholar
• Schumpeter, J. A. (1934). The theory of economic development: An inquiry into profits, capital, credit, interest, and the business cycle. Harvard University Press.
   Google Scholar
• Shabbir, G., Anwar, M., & Adil, S. (2016). Corruption, political stability and economic growth. Pakistan Development Review, 55(4I-II), 689–702. http://www.jstor.org/stable/44986010 https://doi.org/10.30541/v55i4I-IIpp.689-702
   Google Scholar
• Shane, S., & Venkataraman, S. (2000). The promise of entrepreneurship as a field of research.
   Google Scholar
• Sobel, R. S., Clark, J. R., & Lee, D. R. (2007). Freedom, barriers to entry, entrepreneurship, and economic progress. Review of Austrian Economics, 20(4), 221–236. https://doi.org/10.1007/s11138-007-0023-3
   Google Scholar
• Solow, R. M. (1956). A contribution to the theory of economic growth. Quarterly Journal of Economics, 70(1), 65–94. https://doi.org/10.2307/1884513
   Web of Science ®Google Scholar
• Stenholm, P., Acs, Z. J., & Wuebker, R. (2013). Exploring country-level institutional arrangements on the rate and type of entrepreneurial activity. Journal of Business Venturing, 28(1), 176–193. https://doi.org/10.4337/9781784718053.00030
   Web of Science ®Google Scholar
• Stoica, O., Roman, A., & Rusu, V. D. (2020). The nexus between entrepreneurship and economic growth: A comparative analysis on groups of countries. Sustainability, 12(3), 1186. https://doi.org/10.3390/su12031186
   Web of Science ®Google Scholar
• Swan, T. W. (1956). Economic growth and capital accumulation. Economic Record, 32(2), 334–361. https://doi.org/10.1111/j.1475-4932.1956.tb00434.x
   Google Scholar
• Uddin, M. A., Ali, M. H., & Masih, M. (2017). Political stability and growth: An application of dynamic GMM and quantile regression. Economic Modelling, 64, 610–625. https://doi.org/10.1016/j.econmod.2017.04.028
   Web of Science ®Google Scholar
• Urbano, D., & Aparicio, S. (2016). Entrepreneurship capital types and economic growth: International evidence. Technological Forecasting and Social Change, 102, 34–44. https://doi.org/10.1016/j.techfore.2015.02.018
   Web of Science ®Google Scholar
• Urbano, D., Aparicio, S., & Audretsch, D. (2019). Twenty-five years of research on institutions, entrepreneurship, and economic growth: What has been learned? Small Business Economics, 53(1), 21–49. https://doi.org/10.1007/s11187-018-0038-0
   Web of Science ®Google Scholar
• Urbano, D., Audretsch, D., Aparicio, S., & Noguera, M. (2020). Does entrepreneurial activity matter for economic growth in developing countries? The role of the institutional environment. International Entrepreneurship and Management Journal, 16(3), 1065–1099. https://doi.org/10.1007/s11365-019-00621-5
   Web of Science ®Google Scholar
• Wennekers, S., & Thurik, R. (1999). “Linking entrepreneurship and economic growth”. Small Business Economics, 13(1), 27–56. https://doi.org/10.1023/A:1008063200484
   Web of Science ®Google Scholar