Enablers of Entrepreneurial Activity across the European Union—An Analysis Using GEM Individual Data

Ana Iolanda Vodă, Gina Ionela Butnaru and Rodica Cristina Butnaru
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Ana Iolanda Vodă: Social Sciences and Humanities Research Department, Institute for Interdisciplinary Research, Alexandru Ioan Cuza University of Iasi, Lascăr Catargi Street, no. 54, 700107 Iaşi, Romania
Gina Ionela Butnaru: Department of Management, Marketing and Business Administration, Alexandru Ioan Cuza University of Iaşi, Bulevardul Carol I 11, 700506 Iasi, Romania
Rodica Cristina Butnaru: Strategy Social and Environmental Responsibility Department, School of Management Sciences, University of Quebec at Montreal, PO Box 8888, Downtown Branch Montreal, QC H3C 3P8, Canada

Sustainability, 2020, vol. 12, issue 3, 1-28

Abstract: The objective of this study involves identifying the influence of different perceptual attributes on the likelihood of engaging in early-stage entrepreneurial activities (TEA). The study correspondingly applies individual data based on the statistics gathered from Global Entrepreneurship Monitor (GEM) Adult Population Survey database for 18 European Countries in 2007 and 2014. We performed several logistic regression analyses in order to test the influence of some entrepreneurial attributes on the propensity to engage in TEA. We identified four perceptual determinants: Capability to identify opportunity; having the skills, knowledge and experience to start up a business; fear of failure; and knowing other entrepreneurs. We tested their effect along with some control variables and interaction effects. The results confirm the importance of these factors in explaining entrepreneurial activities across different economies.

Keywords: early-stage entrepreneurial activities; self-confidence; fear of failing; perception of opportunities; networking; Global Entrepreneurship Monitor; European Union (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2020
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (6)

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Persistent link: https://EconPapers.repec.org/RePEc:gam:jsusta:v:12:y:2020:i:3:p:1022-:d:314936

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