caa a22 4500 445877804 CHVBK 20180317145533.0 cr unu---uuuuu 170323e20110901xx s 000 0 eng 10.1007/s11187-009-9234-2 doi (NATIONALLICENCE)springer-10.1007/s11187-009-9234-2 New Zealand's perfect storm of entrepreneurship and economic development [Elektronische Daten] [Howard Frederick, Erik Monsen] Applying a grounded-theory approach to analyzing the Global Entrepreneurship Monitor (GEM) data, we attempt to explain why New Zealand exhibits only a moderate level of economic development despite its high level of entrepreneurship. By statistically analyzing why 34 other countries in the 2005 GEM dataset exhibit small deviations from the classical quadratic curvilinear relationship between entrepreneurship and economic development, we develop a better understanding of the entrepreneurial framework conditions underlying New Zealand's large deviation from this trend line. Based on our findings from the GEM data we make policy recommendations that could aid in moving New Zealand (and other countries) closer toward the trend line and thus promote economic development. The Author(s), 2009 Economic development nationallicence GEM nationallicence Global Entrepreneurship Monitor nationallicence Entrepreneurship nationallicence Grounded theory nationallicence Frederick Howard Center for Entrepreneurship, Innovation and Community, Deakin University, Melbourne, Australia aut Monsen Erik Entrepreneurship, Growth and Public Policy Group, Max Planck Institute of Economics, Jena, Germany aut Small Business Economics Springer US; http://www.springer-ny.com 37/2(2011-09-01), 187-204 0921-898X 37:2<187 2011 37 11187 https://doi.org/10.1007/s11187-009-9234-2 text/html Onlinezugriff via DOI 1 research-article jats NATIONALLICENCE 856 40 https://doi.org/10.1007/s11187-009-9234-2 text/html Onlinezugriff via DOI NATIONALLICENCE 700 1- Frederick Howard Center for Entrepreneurship, Innovation and Community, Deakin University, Melbourne, Australia aut NATIONALLICENCE 700 1- Monsen Erik Entrepreneurship, Growth and Public Policy Group, Max Planck Institute of Economics, Jena, Germany aut NATIONALLICENCE 773 0- Small Business Economics Springer US; http://www.springer-ny.com 37/2(2011-09-01), 187-204 0921-898X 37:2<187 2011 37 11187 Metadata rights reserved Springer special CC-BY-NC licence nationallicence BK010053 XK010053 XK010000 NATIONALLICENCE NATIONALLICENCE NL-springer