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Drivers of Entrepreneurial Intentions in Romania

Author

Listed:
  • Ionela DUMITRU

    (Academy of the Economic Studies Bucharest, The Faculty of Business Administration, in foreign languages (FABIZ), UNESCO Department.)

  • Ionuţ DUMITRU

    (Academy of the Economic Studies Bucharest, Faculty of Finance, Insurance, Banking and Stock Exchange, Money and Banking Department)

Abstract

The main aim of the paper is to investigate the drivers of entrepreneurial intentions in Romania based on the Global Entrepreneurship Monitor database. Particularly, it examines the factors which drive the necessity, opportunity and mixed motives of entrepreneurship. Using four samples of data and logistic regressions, the paper identifies the most significant drivers of entrepreneurial intentions by motivational factors – necessity, opportunity, and mixed motive - and proposes some policy actions to stimulate entrepreneurship.

Suggested Citation

  • Ionela DUMITRU & Ionuţ DUMITRU, 2018. "Drivers of Entrepreneurial Intentions in Romania," Journal for Economic Forecasting, Institute for Economic Forecasting, vol. 0(1), pages 157-166, December.
    • Handle: RePEc:rjr:romjef:v::y:2018:i:1:p:157-166
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    References listed on IDEAS

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    1. Ştefan PETE & Ágnes NAGY & Lehel-Zoltán GYÖRFY & Annamária BENYOVSZK & Tünde Petra PETRU, 2010. "The Evolution of Early-Stage Entrepreneurial Activity Influencing Factors in Romania," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania / Editura Economica, vol. 7(7(548)), pages 5-14, July.
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    3. Ionela DUMITRU & Ionut DUMITRU, 2017. "Entrepreneurship Determinants in Central and Eastern Europe. The Case of Romania," ECONOMIC COMPUTATION AND ECONOMIC CYBERNETICS STUDIES AND RESEARCH, Faculty of Economic Cybernetics, Statistics and Informatics, vol. 51(1), pages 187-203.
    4. Levan Bzhalava & Giorgi Jvarsheishvili & Paata Brekashvili & Boris Lezhava, 2017. "Entrepreneurial Intentions and Initiatives in Georgia," Societies and Political Orders in Transition, in: Arnis Sauka & Alexander Chepurenko (ed.), Entrepreneurship in Transition Economies, pages 261-278, Springer.
    5. Ruta Aidis & Julia Korosteleva & Tomasz Marek Mickiewicz, 2008. "Entrepreneurship in Russia," UCL SSEES Economics and Business working paper series 88, UCL School of Slavonic and East European Studies (SSEES).
    6. Pete, Stefan & Nagy, Agnes & Matis, Dumitru & Gyorfy, Lehel Zoltan & Benyovszki, Annamaria & Petru, Tunde Petra, 2011. "Early-stage entrepreneurial aspirations in efficiency-driven economies," Journal for Economic Forecasting, Institute for Economic Forecasting, vol. 0(2), pages 5-18, June.
    7. Peter Zwan & Roy Thurik & Ingrid Verheul & Jolanda Hessels, 2016. "Factors influencing the entrepreneurial engagement of opportunity and necessity entrepreneurs," Eurasian Business Review, Springer;Eurasia Business and Economics Society, vol. 6(3), pages 273-295, December.
    8. Casson, Mark & Yeung, Bernard & Basu, Anuradha & Wadeson, Nigel (ed.), 2008. "The Oxford Handbook of Entrepreneurship," OUP Catalogue, Oxford University Press, number 9780199546992.
    9. Pia Arenius & Maria Minniti, 2005. "Perceptual Variables and Nascent Entrepreneurship," Small Business Economics, Springer, vol. 24(3), pages 233-247, February.
    Full references (including those not matched with items on IDEAS)

    Citations

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    Cited by:

    1. Ana Iolanda Vodă & Alina-Petronela Haller & Alexandru Anichiti & Gina Ionela Butnaru, 2020. "Testing Entrepreneurial Intention Determinants in Post-Transition Economies," Sustainability, MDPI, vol. 12(24), pages 1-26, December.
    2. Mohammad I. Al-Housani & Muammer Koç & Mohammed S. Al-Sada, 2023. "Investigations on Entrepreneurship Needs, Challenges, and Models for Countries in Transition to Sustainable Development from Resource-Based Economy—Qatar as a Case," Sustainability, MDPI, vol. 15(9), pages 1-28, May.
    3. Ana Iolanda Vodă & Nelu Florea, 2019. "Impact of Personality Traits and Entrepreneurship Education on Entrepreneurial Intentions of Business and Engineering Students," Sustainability, MDPI, vol. 11(4), pages 1-34, February.
    4. Ljudevit Pranić, 2023. "What Happens to the Entrepreneurial Intentions of Gen Z in a Crony Capitalist Economy Amidst the COVID-19 Pandemic?," Sustainability, MDPI, vol. 15(7), pages 1-22, March.
    5. Ida Ketut Kusumawijaya, 2019. "The Prediction of Need for Achievement to Generate Entrepreneurial Intention: A Locus of Control Mediation," International Review of Management and Marketing, Econjournals, vol. 9(4), pages 54-62.
    6. Ida Ketut Kusumawijaya, 2019. "Predicting the Unseen: Entrepreneurial Opportunity on Entrepreneurial Intention," International Review of Management and Marketing, Econjournals, vol. 9(5), pages 141-149.
    7. Bojan Leković & Ozren Uzelac & Tibor Fazekaš & Aleksandra Marcikić Horvat & Petar Vrgović, 2021. "Determinants of Social Entrepreneurs in Southeast Europe: GEM Data Analysis," Sustainability, MDPI, vol. 13(20), pages 1-15, October.
    8. P. Eko Prasetyo, 2019. "Role of Entrepreneurial Culture as the Driver of Economic Growth," International Journal of Economics and Financial Issues, Econjournals, vol. 9(3), pages 237-243.
    9. Elena-Loreni Baciu & Delia Vîrgă & Theofild-Andrei Lazăr & Delia Gligor & Cecilia-Nicoleta Jurcuț, 2020. "The Association between Entrepreneurial Perceived Behavioral Control, Personality, Empathy, and Assertiveness in a Romanian Sample of Nascent Entrepreneurs," Sustainability, MDPI, vol. 12(24), pages 1-16, December.

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    More about this item

    Keywords

    early-stage entrepreneur; entrepreneurial intentions; opportunity-driven entrepreneurship; Global Entrepreneurship Monitor; logistic regressions;
    All these keywords.

    JEL classification:

    • L26 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Entrepreneurship
    • M13 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - New Firms; Startups

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