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Country’s Development as a Determinant of Early-Stage Entrepreneurial Activity

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Listed:
  • Marič Miha

    (Faculty of Organizational Sciences, University of Maribor, Kidričeva 55a, 4000 Kranj, Slovenia)

  • Žnidaršič Jasmina

    (Faculty of Organizational Sciences, University of Maribor, Kidričeva 55a, 4000 Kranj, Slovenia)

  • Uhan Miha

    (Faculty of Economics, University of Ljubljana, Kardeljeva ploščad 17, 1000 Ljubljana, Slovenia)

  • Dimovski Vlado

    (Faculty of Economics, University of Ljubljana, Kardeljeva ploščad 17, 1000 Ljubljana, Slovenia)

  • Ferjan Marko

    (Faculty of Organizational Sciences, University of Maribor, Kidričeva 55a, 4000 Kranj, Slovenia)

  • Djurica Maja

    (Belgrade Business School, 73 Kraljica Marija Street, 1000 Belgrade, Serbia)

  • Jeraj Mitja

    (JP Projekt, d.o.o., Trata XIV 6, 1330 Kočevje, Slovenia)

  • Janežič Matej

    (National Institute of Chemistry, Hajdrihova 19, 1001 Ljubljana, Slovenia)

Abstract

Our study is built on the dependence of early-stage entrepreneurial activity on GDP per capita, GDP real growth rate, unemployment rate, inflation rate, investments and public debt of different countries. We divide the early-stage entrepreneurial activity into necessity-driven and improvement-driven opportunistic entrepreneurial activity. To establish the dependencies we have conducted the regression analyses. Our three main findings are: (a) early-stage entrepreneurial activity does depend on our predictors; (b) necessity-driven entrepreneurial activity is negatively correlated to country’s development; and (c) improvement-driven opportunistic entrepreneurial activity is positively correlated to country’s development.

Suggested Citation

  • Marič Miha & Žnidaršič Jasmina & Uhan Miha & Dimovski Vlado & Ferjan Marko & Djurica Maja & Jeraj Mitja & Janežič Matej, 2013. "Country’s Development as a Determinant of Early-Stage Entrepreneurial Activity," Organizacija, Sciendo, vol. 46(3), pages 75-86.
    • Handle: RePEc:vrs:organi:v:46:y:2013:i:3:p:75-86:n:1004
    DOI: 10.2478/orga-2013-0011
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    References listed on IDEAS

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    1. Minniti, Maria & Lévesque, Moren, 2008. "Recent developments in the economics of entrepreneurship," Journal of Business Venturing, Elsevier, vol. 23(6), pages 603-612, November.
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