Maria-Soledad Castaño-Martínez

University of Castilla-La Mancha · Departamento de Economía Aplicada I

Entrepreneurship is one of the factors that receiving attention in recent decades due to its role in achieving certain economic objectives, such as employment and economic growth. For this reason, understanding the factors that stimulate it to design policy measures for enhancing entrepreneurial activity is relevant. One way to identify these facto...

In the analysis of entrepreneurial motivation, passion is one of the factors currently receiving attention, since passion drives the emotional experience towards the creative process, applying talent more effectively, which would facilitate entrepreneurial motivation. The opposite occurs with the fear of failure, which has a negative impact on entr...

The pandemic caused by COVID has, among other things, led to a major economic crisis characterized by a significant drop in economic growth, higher unemployment, and reduced welfare. The specialized literature has considered entrepreneurship as a factor that stimulates economic growth in phases of low economic expansion. In this sense, it is worth...

In light of the economic situation resulting from the COVID-19 pandemic, economists have claimed that an improvement in competitiveness can enhance economic growth. A greater degree of competitiveness allows the relevant actors to engage in entrepreneurial activity in new markets and to create market niches that promote job creation. Among the fact...

The COVID-19 pandemic has caused an economic crisis in advanced economies greater than the 2008 economic crisis, as the latest Organisation for Economic Co-operation and Development (OECD) forecasts indicate. Entrepreneurship activity is an important factor to be considered to reduce this negative. The objective of this paper is to analyze the fact...

Concern about environmental problems has led to more attention being paid to the sustainable development objective. Social entrepreneurship, and entrepreneurship in general, show a direct relationship with this objective, due mainly to the activities carried out by entrepreneurs regarding the development of new products, the search for new markets,...

In recent decades, economic growth has become one of the main objectives of economic policy because of its positive effect. Higher economic growth means, among other things, more goods and services, less unemployment and ultimately greater welfare for the economy. Consequently, a large amount of literature seeking to determine the most influential...

There is important literature that analyzes the relationship between entrepreneurship and economic growth. But it is also essential to consider the variables that influence entrepreneurship. In this sense, innovations, institutions, and human capital would be the main variables to consider, as they allow the entrepreneur to create new products, mak...

Economic growth is one of the important objectives of economic policy due to the beneficial effects it has on employment and economic well-being. The work carried out in the last few decades has highlighted the roles that entrepreneurship and innovation play in promoting this objective. However, the environmental deterioration resulting from polici...

Abstract: Specialized literature has centered on analyzing the relationship between the entrepreneur and innovation, since the former is considered to be a driver for innovation. However, there are other factors that can influence innovation that should be considered: business cash flow, because it uses its own resources to innovate; bank credit, t...

Specialized literature has centered on analyzing the relationship between the entrepreneur and innovation, since the former is considered to be a driver for innovation. However, there are other factors that can influence innovation that should be considered: business cash flow, because it uses its own resources to innovate; bank credit, the possibi...

Technological progress is one of the main generators of increases in the production economy, involving the introduction of new products which, in turn, allows companies that carry out innovative actions to survive in the market. According to Schumpeter, innovation is an important source of value creation, improving growth in companies and economy....

Purpose Economic growth is one the most relevant economic objectives for policy makers. In order to determine the variables that enhance such an objective it is important to consider different types of entrepreneurial activity. It is also necessary to consider the level of development and growth of a country to design the proper economic policy mea...

Within organisational analysis, a concept that has been gaining importance has been organisational ambidexterity, where two factors play an important role: entrepreneurial intensity and innovations. The objective of this article is to analyse the relationship between entrepreneurial intensity and ambidexterity. The conceptualisation of ambidexterit...

El Premio Nobel en Economía 2018 ha sido otorgado a los estadounidenses Paul M. Romer y William D. Nordhaus por sus aportaciones en las teorías que explican el crecimiento económico. El primero por incorporar las innovaciones tecnológicas, y demostrar que las economías que más invierten en innovación son las que presentan mayor crecimiento económic...

The literature traditionally has focused its attention on the relationship between innovation and entrepreneurial activity. From this perspective, new innovations are accompanied by digital transformations that enhance value creation. However, it is also important to consider the effect of digital dividends on society overall as well as on entrepre...

Social entrepreneurship is one of the most important forms of entrepreneurship, especially in the context of the current economic crisis. The aim of this chapter is to analyze the influence of a number of factors, such as income distribution, institutions, and human capital on social entrepreneurship. In addition, it analyses the impact of these...

Policy makers' main interest is to avoid the problems resulting from the economic crisis. One way to avoid these problems is to stimulate economic growth as well as the necessary economic activity to reduce unemployment and to increase welfare. Specialized recent literature shows entrepreneurship as a key factor to enhance economic growth. Conseque...

Resumen Los economistas han estado tradicionalmente interesados en analizar los factores que estimulan el crecimiento económico y uno de los que se han contemplado es el papel desempeñado por los emprendedores. Ahora bien, en este análisis es necesario también contemplar cómo se ve afectado el progreso económico y también la justicia distributiva....

El actual entorno económico es el escenario en el que se está desarrollando el fenómeno conocido como economía colaborativa, impulsado por un cambio en los valores de la sociedad y por la disminución de la renta de los individuos como consecuencia de la crisis. Los avances en las tecnologías de la información y la comunicación y la creación de rede...

Purpose – The purpose of this paper is to analyse the effects of some political measures on entrepreneurship to promote economic growth and employment, specifically, R & D policies, training, elimination of administrative barriers, access to finance support and promotion of entrepreneurial culture. Design/methodology/approach – Seven hypotheses ar...

World economies experience a huge process of globalization that, among other things, makes more markets available for businesses and entrepreneurs to place their products. Market availability, in turn, generates positive expectations of business growth, which results in greater competition and innovation, which help to achieve a higher level of pro...

Current economic downturn encourages extensive research into economic growth engines, with entrepreneurship as one of the key drivers of growth. Although crucial, determining which variables stimulate entrepreneurial activity constitutes a difficult task due to interrelated factors. This study analyzes three groups of factors affecting entrepreneur...

Economic research has been interested in determining the factors that promote economic growth. Several variables have been considered in the studies and innovation has been considered as a key one however, it is also important to include in the analysis the role of entrepreneurship because it is the economic agent that introduces innovations in the...

El Premio Nobel en Ciencias Económicas 2014 ha sido otorgado al economista francés Jean Tirole por sus aportaciones teóricas y empíricas del poder de mercado y la regulación. Las aportaciones de Tirole han contribuido a entender la complejidad de los mercados de competencia imperfecta, utilizando nuevas herramientas de análisis como la teoría de ju...

This paper aims to be a contribution to the analysis of the factors that encourages entrepreneurs to innovate inside their business. There are many elements that can condition the entrepreneurial innovation. However, in this paper we will devote our attention to studying the role of socioeconomic factors, such as social capital, institutions and in...

This study analyzes some of the determinants of product innovation in the case of entrepreneurs from the transformation industries, using a model estimated via the Partial Least Square method, to establish whether these determinants change according to whether they are found in developed or developing countries. Such factors include human capital,...

La Nueva Economía Institucional es una corriente de pensamiento basada en la idea de que las instituciones condicionan los hechos económicos. Este trabajo repasa cuestiones desarrolladas por esta escuela, como la importancia del marco institucional, el marco legal y la definición de los derechos de propiedad, los costes de transacción económicos, l...

Specialized literature shows that internationalization, innovation, and entrepreneurship have positive effects on economic growth. Moreover, there is a positive relationship between them. In addition, female entrepreneurship is a key contributor to economic growth, not only by its creation of wealth and employment, but by the diversification of ent...

This paper analyzes some de factors that improve product innovation for the case of transformation sector and business services sector. Among this factors are human capital, technology, market competition, business expectations, and export intensity of entrepreneurs of these sectors. In addition, it is considered efficiency of instruments of R&D po...

This paper analyzes some de factors that improve product innovation for the case of transformation sector and business services sector. Among this factors are human capital, technology, market competition, business expectations, and export intensity of entrepreneurs of these sectors. In addition, it is considered efficiency of instruments of R&D po...

This paper contributes to the existing debate on the determinants of non-profit activity. The main theories have been centered in (1) the study of the individual behavior of people (donors, non-profit entrepreneurs), (2) one single factor or (3) one single country. To quantify this approach, data for 38 countries have been used, extracted from Worl...

Este artículo tiene como objetivo presentar algunas cuestiones relativas a las relaciones existentes entre la política monetaria y el comportamiento de los agentes. Para ello se centra en temas como la independencia, la transparencia y la credibilidad de los bancos centrales. Más concretamente, en un primer momento, se trata el problema de la incon...

This article analyse the necessity and the role of industry policy in the European Unión, it is considered context in which the industry activity is realised, where the European countries suffer a strong process of delocalization manufacturer and the sector services is the most important sector in the developed countries. In addition, an empirical...

El trabajo se centra en el estudio del emprendedor en la teoría de Schumpeter, prestando especial atención a los condicionantes sociales de la actividad emprendedora y su posible relación con la teoría del capital social. En concreto, se plantea la posibilidad de ampliar la teoría de Schumpeter con las ideas de la teoría más moderna del capital soc...

The main goal of this paper is to analyse the relationship between social capital and economic growth taking into account the role of fiscal policy from theoretical and empirical points of view. To achieve this goal, “Human Capital and Public Capital Effects on Economic Growth” is focused on the effects of two traditional factors: human capital and...

En este trabajo se va analizar cómo la intervención del Estado y, en concreto, la política fiscal puede influir sobre el nivel de capital social de una sociedad. Para alcanzar este objetivo, en primer lugar, se va a definir qué se entiende por capital social, y si está o no justificada la intervención del Estado en este ámbito. En segundo lugar, se...

El capital social es un concepto que hace referencia al conjunto de redes sociales y a las normas de reciprocidad asociadas a ellas que, al igual que el capital físico y el capital humano, crean valor tanto individual, como colectivo. Esta concepción no implica que la propia creación de normas genere por sí misma capital social, sino que éstas debe...

En los países desarrollados fundamentalmente se está produciendo un cambio estructural que modifica sus estructuras productivas. De la competencia basada en el uso intensivo de trabajo, capital físico y recursos materiales se ha pasado a otra competencia, basada en la creación, difusión y explotación del conocimiento, es decir, una economía donde l...

The neoclassical school, the marginalist school and the utilitarian school of thought all eliminated ethical values, as well as social capital and institutions, from their economic analyses. J. S Mill (1909) and von Hayek (1976) have an individualist approach and do not consider the social behaviour of individuals. This school affirms that the mark...