Entrepreneurship Activities Effect on Economic Growth in OECD Countries: Panel Data Analysis

The main objective of this study is to analyze the effects of entrepreneurial activities, financial development and capital accumulation on economic growth in OECD countries. In this study it was used panel data method based on 2002-2015 period. In the analysis findings, entrepreneurial activity, financial development and capital accumulation have a positive and statistically significant effect on economic growth. In addition 1 % increase in entrepreneurial activity causing an increase of 0.044 %in economic growth. 1% increase in capital accumulation increases economic growth by 0.192% 1% increase in financial growth increases economic growth by 0.020%