earticle

영어

This study aims to investigate the shared growth of large and small businesses and the economic development and growth on the multinational level. Most of the prior research usually deals with the successful company’s cases or an individual country’s case, which fails to deliver the whole picture and empirically analyze with the comparable objective national level data. Therefore, this research endeavors to study the big picture or the empirical relationship between shared growth and the economic development on the multinational level. To fulfill this objective, 2010 GEM data which is totally 60 countries entrepreneurial data was used for empirical multinational analysis. This study results show that there is not much significant relationship between shared growth and economic development. Instead there is strong significant relationship between shared growth and economic growth. Research implications and limitations are discussed.