THE INFLUENCE OF SOCIOECONOMIC FACTORS ON ENTREPRENEURSHIP AND INNOVATION.

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    • Abstract:
      Researchers have traditionally analyzed how innovation affects growth and how economic factors affect innovation. However, this paper explores how social capital, the quality of institutions, and income inequality affect product innovation on behalf of entrepreneurs. In order to do so, an empirical analysis is performed using panel data for thirteen European countries for the period 2002-2010. [ABSTRACT FROM AUTHOR]