What is the economic growth engine of Estonia?

Jaan Õmblus

Entrepreneurial activity plays a significant role in economic development ‒ it is often a major driver of economic growth. Entrepreneurial activity facilitates the creation of new jobs and innovation and therefore it is important to study and identify the factors that generate and keep up entrepreneurial activity. The paper makes an attempt to identify the economic sectors which create the most value added and the determinants of the generation of value added.