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Entrepreneurial Intentions and Initiatives in Georgia

In: Entrepreneurship in Transition Economies

Author

Listed:
  • Levan Bzhalava

    (Caucasus University)

  • Giorgi Jvarsheishvili

    (International Max Planck Research School on Uncertainty and Friedrich Schiller University Jena)

  • Paata Brekashvili

    (Caucasus University)

  • Boris Lezhava

    (Caucasus University
    Grenoble Ecole de Management)

Abstract

This chapter studies entrepreneurial intentions and initiatives in Georgia. In particular, it explores factors that influence the formation of necessity- and opportunity-based entrepreneurial intentions. Moreover, the export performance of new enterprises based on necessity and opportunity motives is examined. Using the Georgian part of the Global Entrepreneurship Monitor dataset, we find that general education and business training after completing school education are significantly and positively associated with opportunity-based entrepreneurial intentions. Moreover, the research suggests that there is no significant difference between necessity and opportunity entrepreneurs in terms of the international performance. In contrast, new enterprises based on both necessity and opportunity motives perform better in international markets than the enterprises based on only one or the other motive.

Suggested Citation

  • 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.
    • Handle: RePEc:spr:socchp:978-3-319-57342-7_15
    DOI: 10.1007/978-3-319-57342-7_15
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    Cited by:

    1. Ionela DUMITRU & IonuĊ£ DUMITRU, 2018. "Drivers of Entrepreneurial Intentions in Romania," Journal for Economic Forecasting, Institute for Economic Forecasting, vol. 0(1), pages 157-166, December.

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