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Growth Aspirations and Cultural Support for Entrepreneurship: A Comparison of Post-Socialist Countries

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  • Polona Tominc
  • Miroslav Rebernik

Abstract

Based on GEM data this paper explores whether significantly different growth aspirations of early stage entrepreneurs in Slovenia, compared to those in Hungary and Croatia, are also accompanied by significantly different opportunity recognition, cultural support for entrepreneurship and self-efficacy. Our results suggest that a higher degree of alertness to unexploited perceived opportunities, and cultural support for entrepreneurial motivation may be the cause of higher growth aspirations of Slovenian early stage entrepreneurs, while self-efficacy with regard to entrepreneurial skills, knowledge and experience was not found to be crucial. Copyright Springer Science+Business Media, LLC 2007

Suggested Citation

  • Polona Tominc & Miroslav Rebernik, 2007. "Growth Aspirations and Cultural Support for Entrepreneurship: A Comparison of Post-Socialist Countries," Small Business Economics, Springer, vol. 28(2), pages 239-255, March.
    • Handle: RePEc:kap:sbusec:v:28:y:2007:i:2:p:239-255
    DOI: 10.1007/s11187-006-9018-x
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    References listed on IDEAS

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    More about this item

    Keywords

    Early stage entrepreneurship; Growth aspirations; M13; D01; J24; L26;
    All these keywords.

    JEL classification:

    • M13 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - New Firms; Startups
    • D01 - Microeconomics - - General - - - Microeconomic Behavior: Underlying Principles
    • J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity
    • L26 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Entrepreneurship

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