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Motivations to start businesses: Institutional context

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  • Aleksandrova, E.
  • Verkhovskaya, O.

Abstract

This preprint is the second part of the Necessity-driven Entrepreneurship: a cross-country Analysis project. This paper takes institutional environment's perspective on entrepreneurship in general, on necessity-driven entrepreneurship in particular, therefore incorporating its multidimensional nature and enabling more detailed understanding of interaction between entrepreneurial motivation and institutional arrangements. The main content of this research determines the significant factors in the regulatory, normative, and cognitive pillars of the institutional environment. Using the databases of World Bank, the International Labour Organization, the Global Entrepreneurship Monitor survey, the Doing Business, and the World Economic Forum the set of the variables of the institutional environment was defined. These data are from 2009 to 2014, and range across 70 countries. Our research shows that different institutional factors influence the total level of entrepreneurial activity and motivation structure differently.

Suggested Citation

  • Aleksandrova, E. & Verkhovskaya, O., 2016. "Motivations to start businesses: Institutional context," Working Papers 6436, Graduate School of Management, St. Petersburg State University.
    • Handle: RePEc:sps:wpaper:6436
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    Cited by:

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    2. Wisuwat Wannamakok & Wilasinee Yonwikai, 2023. "The Relationship between Institutional Environments and Thai Hospitality-Oriented Entrepreneurship through the Moderating Role of Educational Support: A Mixed Methods Approach," Administrative Sciences, MDPI, vol. 13(8), pages 1-24, August.
    3. José Carlos Pinho & Maria Lurdes Martins, 2020. "The opportunity to create a business: Systemic banking crisis, institutional factor conditions and trade openness," Journal of International Entrepreneurship, Springer, vol. 18(4), pages 393-418, December.

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    Keywords

    necessity-driven entrepreneurship; institutional environment; Global Entrepreneurship Monitor survey (GEM);
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