Title: Convergence analysis of the entrepreneurship start-up barriers

Authors: Yu Sang Chang; Ji Hye Kim; Young Soo Kim

Addresses: Gachon University, 1343 Seongnamdae-Ro, Sujeong-Gu, Seongnam-Si, Gyeunggi-Do, 13120, Korea ' Soongsil University, 369 Sangdo-Ro, Dongjak-Gu, Seoul, 06978, Korea ' Soongsil University, 369 Sangdo-Ro, Dongjak-Gu, Seoul, 06978, Korea

Abstract: In a majority of the existing research on entrepreneurship start-up, the three primary enjoy barriers of 'cost', 'time', and 'procedures' were analysed. Thus, we examine whether country differences in these start-up barriers existing in 2003 have been reduced by 2015. We deploy Sigma and Gamma convergence methods to answer these questions for 132 countries. Results indicate that all three barriers are converging toward dispersion reduction and catch-up process at the annual rates ranging from −3.37% to −0.49%. Also, speeds of convergence vary significantly by the subgroups of countries by incomes and regions. Implications of these findings will be discussed.

Keywords: start-up barriers; cost; time; procedure barriers; sigma convergence; gamma convergence; management; development.

DOI: 10.1504/IJMED.2020.10025892

International Journal of Management and Enterprise Development, 2020 Vol.19 No.1, pp.21 - 41

Received: 12 Apr 2018
Accepted: 29 Mar 2019

Published online: 17 Dec 2019 *

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