CEU Electronic Theses and Dissertations, 2013
| Author | Gyorgy Adam |
|---|---|
| Title | Entrepreneurship: A Way Towards a Happier Society |
| Summary | In this paper I present evidence suggesting that opportunity entrepreneurship can make people happier and there are policy opportunities in making a society better off by supporting entrepreneurship. I develop a framework based on the domain satisfaction model of well-being, in which demographic, personality and societal factors can influence the life-satisfaction of individuals. The startling point of my analysis is the findings of Easterlin (1974), who encouraged the evaluation of policies with well-being measures, of Frey et al. (2004) about the procedural utility benefits of self-employment that can lead to higher life-satisfaction, and the findings of Blanchflower (2000), who identified the large international pool of “latent entrepreneurs”, who would prefer self-employment, but does not start own businesses because of various reasons. Besides the implications for economic theory, the results also have consequences for economic policy. I made a case that there is an unexploited pool of potential opportunity entrepreneurs and call for policies supporting opportunity entrepreneurship to build a happier society. I identify the policy areas with the biggest potential in this area to be the lowering the bureaucratic and regulatory barriers associated with the establishment and operation of businesses, the education of the people about the business operations and creating competition through trade openness. |
| Supervisor | Kezdi Gabor |
| Department | Economics MA |
| Full text | https://www.etd.ceu.edu/2013/gyorgy_adam.pdf |
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