TITLE

Non-profit organizations, entrepreneurship, social capital and economic growth

AUTHOR(S)
Bahmani, Sahar; Galindo, Miguel-Ángel; Méndez, María
PUB. DATE
April 2012
SOURCE
Small Business Economics;Apr2012, Vol. 38 Issue 3, p271
SOURCE TYPE
Academic Journal
DOC. TYPE
Article
ABSTRACT
Traditional economic growth literature focuses mainly on the neoclassical approach. According to this view, firms try to maximize their benefits so that there is no place for non-profit organizations (NPOs). However, the activity of NPOs has a higher relevance in society, and it is necessary to analyze its effects on economic growth. These effects are not direct, but occur through other variables that directly promote economic growth, such as entrepreneurship activity and human capital, and through the improvement of education. We engage in an empirical analysis of these issues using data from 11 countries.
ACCESSION #
70934746

 

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