A configurational approach to a country's entrepreneurship level: Innovation, financial and development factors

Abstract

[EN] The aim of this study is to analyse the combinations of innovation, financial and sustainable development conditions that enhance the entrepreneurship level of a country. A cross-national analysis, based on data from 64 countries, examines the causal configurations behind the manifestations of these factors using fuzzy-set qualitative comparison analysis. Data were retrieved from four databases: the Global Entrepreneurship Index, the Country Risk Score, the Global Innovation Index and the Sustainable Development Goals Index. In our analysis, we find that the entrepreneurship level of a country is simultaneously related to both its Innovation level and its Country Risk Score. When we study this relationship in association with sustainable development goals, we identify that a country's entrepreneurship level is positively linked with SDG3 and SD11, while with the SDG7 no relationship is found.