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Institutional and economic determinants of the perception of opportunities and entrepreneurial intention

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  • Vidal-Suñé, Antoni

    (Universitat Rovira I Virgili)

  • López-Panisello, María-Belén

    (Universitat Rovira I Virgili)

Abstract

This paper aims to identify the institutional and economic factors that influence the perception of business opportunities, and the latter’s influence on entrepreneurial intention. We use an institutional approach for the Spanish Autonomous Regions for the period 2004-2010, based on the data available in the regional GEM reports, supplemented by data from the INE (Instituto Nacional de Estadística - Spanish National Institute of Statistics). By applying a structural equation model, we observed that the perception of abilities (self-efficacy) positively and significantly affects both the perception of opportunities and entrepreneurial intention, and that the perception of opportunities affects entrepreneurial intention.

Suggested Citation

  • Vidal-Suñé, Antoni & López-Panisello, María-Belén, 2013. "Institutional and economic determinants of the perception of opportunities and entrepreneurial intention," INVESTIGACIONES REGIONALES - Journal of REGIONAL RESEARCH, Asociación Española de Ciencia Regional, issue 26, pages 75-96.
    • Handle: RePEc:ris:invreg:0231
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    2. Hatmanu (Gagea) Mariana & Iacobuțã Andreea-Oana, 2014. "Determinants Of Entrepreneurial Activity In Times Of Crisis: An Empirical Study," Annals of Faculty of Economics, University of Oradea, Faculty of Economics, vol. 1(1), pages 320-330, July.
    3. Angela Roman & Valentina Diana Rusu, 2016. "The Impact Of The Economic Environment On Entrepreneurship: Evidence From European Countries," Annals of Faculty of Economics, University of Oradea, Faculty of Economics, vol. 1(1), pages 494-502, July.
    4. Ahmed Musa Khan & Mohd Yasir Arafat & Mohd Anas Raushan & Mohd Saeem Khan & Amit Kumar Dwivedi & Mohd Mohsin Khan & Imran Saleem, 2019. "Role of intellectual capital in augmenting the start-up intentions of Indians—an analysis using GEM data," Journal of Global Entrepreneurship Research, Springer;UNESCO Chair in Entrepreneurship, vol. 9(1), pages 1-14, December.
    5. Tomasz Bernat, 2015. "Expected Incomes as a Factor of Entrepreneurship and a Firm Establishment Risk (Oczekiwane dochody jako determinanta przedsiebiorczosci i ryzyka zalozenia wlasnego podmiotu)," Problemy Zarzadzania, University of Warsaw, Faculty of Management, vol. 13(56), pages 144-158.
    6. Valentina Diana Rusu & Adina Dornean, 2019. "The Quality of Entrepreneurial Activity and Economic Competitiveness in European Union Countries: A Panel Data Approach," Administrative Sciences, MDPI, vol. 9(2), pages 1-21, April.
    7. Mahdi Imani Bashokoh & Morteza Abangah & Amin Ghasemi Sahebi & Samira Gholami, 2023. "Identifying And Prioritizing Factors Affecting Fish-Related Businesses," Working papers 2023-46-06, Voice of Research.
    8. Norman Rudhumbu & Clever Gumbo & Samuel Gumbe, 2016. "Antecedents of Entrepreneurship Intentions of Final Year Students in the Faculty of Business and Accounting at Botho University in Botswana," Journal of Entrepreneurship and Business Innovation, Macrothink Institute, Journal of Entrepreneurship and Business Innovation, vol. 3(2), pages 115-115, December.
    9. Ahmed Musa Khan & Mohd Yasir Arafat & Mohd Anas Raushan & Imran Saleem & Nawab Ali Khan & Mohd Mohsin Khan, 2019. "Does intellectual capital affect the venture creation decision in India?," Journal of Innovation and Entrepreneurship, Springer, vol. 8(1), pages 1-15, December.
    10. Ali Saleh Alshebami & Mahdi M. Alamri & Elham Alzain & Faiz Algobaei & Abdullah Hamoud Ali Seraj & Salem Handhal Al Marri & Abdulelah Abdullah Al-duraywish, 2024. "Caffeinating Entrepreneurship: Understating the Factors Driving Coffee Farming Entrepreneurial Intentions among Potential Entrepreneurs," Sustainability, MDPI, vol. 16(17), pages 1-19, September.
    11. Valentina Diana Rusu & Angela Roman, 2017. "Entrepreneurial Activity in the EU: An Empirical Evaluation of Its Determinants," Sustainability, MDPI, vol. 9(10), pages 1-16, September.
    12. Lenka Vyrostková & Jaroslava Kádárová, 2023. "Entrepreneurship Dynamics: Assessing the Role of Macroeconomic Variables on New Business Density in Euro Area," IJFS, MDPI, vol. 11(4), pages 1-15, December.

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    More about this item

    Keywords

    entrepreneurship; business creation;

    JEL classification:

    • L26 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Entrepreneurship

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