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The Opportunity Driven Entrepreneurship in the Context of Innovation Systems in Europe in the Period 2010-2019

Author

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  • Leogrande, Angelo
  • Costantiello, Alberto
  • Laureti, Lucio

Abstract

In this article we have estimated the value of “Opportunity Driven Entrepreneurship” in Europe. We use data from European Innovation Scoreboard-EIS of the European Commission for 36 countries in the period 2010-2019. We use Panel Data with Fixed Effects, Panel Data with Random Effects, WLS, Pooled OLS, and Dynamic Panel. Our results show that “Opportunity Driven Entrepreneurship” is positively associated, among others, to “Innovation Friendly Environment” and “Turnover Share Large Enterprises”, while it is negatively associated, among others, to “Sales Impacts” and “R&D Expenditure Business Sectors”.

Suggested Citation

  • Leogrande, Angelo & Costantiello, Alberto & Laureti, Lucio, 2022. "The Opportunity Driven Entrepreneurship in the Context of Innovation Systems in Europe in the Period 2010-2019," MPRA Paper 114716, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:114716
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    References listed on IDEAS

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    1. Jana Schmutzler & Veneta Andonova & Jonathan Perez-Lopez, 2021. "The role of diaspora in opportunity-driven entrepreneurial ecosystems: A mixed-methods study of Balkan economies," International Entrepreneurship and Management Journal, Springer, vol. 17(2), pages 693-729, June.
    2. Leogrande, Angelo & Costantiello, Alberto & Laureti, Lucio, 2022. "The Exports of Knowledge Intensive Services. A Complex Metric Approach," MPRA Paper 113348, University Library of Munich, Germany.
    3. María-Teresa Aceytuno & Celia Sánchez-López & Manuela A. de Paz-Báñez, 2020. "Rising Inequality and Entrepreneurship during Economic Downturn: An Analysis of Opportunity and Necessity Entrepreneurship in Spain," Sustainability, MDPI, vol. 12(11), pages 1-16, June.
    4. Franziska Sohns & Javier Revilla Diez, 2018. "Explaining micro entrepreneurship in rural Vietnam—a multilevel analysis," Small Business Economics, Springer, vol. 50(1), pages 219-237, January.
    5. Fang, Hanqing & Chrisman, James J. & Memili, Esra & Wang, Minglin, 2020. "Foreign venture presence and domestic entrepreneurship: A macro level study," Journal of International Financial Markets, Institutions and Money, Elsevier, vol. 68(C).
    6. Cervelló-Royo, R. & Moya-Clemente, I. & Perelló-Marín, M.R. & Ribes-Giner, G., 2020. "Sustainable development, economic and financial factors, that influence the opportunity-driven entrepreneurship. An fsQCA approach," Journal of Business Research, Elsevier, vol. 115(C), pages 393-402.
    7. Leogrande, Angelo & Costantiello, Alberto & Laureti, Lucio & Leogrande, Domenico, 2021. "The Determinants of Design Applications in Europe," MPRA Paper 110836, University Library of Munich, Germany.
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    Cited by:

    1. Costantiello, Alberto & Leogrande, Angelo, 2023. "The Impact of Research and Development Expenditures on ESG Model in the Global Economy," MPRA Paper 117013, University Library of Munich, Germany.

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    More about this item

    Keywords

    Innovation; and Invention: Processes and Incentives; Management of Technological Innovation and R&D; Diffusion Processes; Open Innovation;
    All these keywords.

    JEL classification:

    • O30 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - General
    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
    • O32 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Management of Technological Innovation and R&D
    • O33 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes
    • O34 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Intellectual Property and Intellectual Capital

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