ABSTRACT
In this report we have analyzed the relationship between entrepreneurship and economic growth of three countries: Germany, Japan and the United States, which show the highest entrepreneurship rankings. Entrepreneurship is considered as a determining factor for economic development, because it contributes to increasing productivity, competitiveness and economic growth in a country; Entrepreneurs see market opportunities and are willing to meet those requirements and compete in such activity, their courage leads them to take the company beyond borders by expanding their products abroad. The three mentioned countries appear as the most attractive for entrepreneurs, which motivates people to start a business due to their programs and support for them. Statistical analysis indicates parallel differentiations not just in entrepreneurship rankings, but also in exports as a percentage of GDP (EPGDP) magnitudes (p-value <0.01) via parametric (ANOVA) and nonparametric (Kruskal-Wallis test.
Keywords
Entrepreneurship, exports, GDP, economic growth, ANOVA, Kruskal-Wallis test