Entrepreneurial Intentions in Selected Southeast European Countries

Edo Rajh, Jelena Budak (), Jovo Ateljevic (), Ljupco Davcev (), Tamara Jovanov () and Kosovka Ognjenovic ()
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Jovo Ateljevic: Faculty of Economics, University of Banja Luka
Ljupco Davcev: Faculty of Economics, Goce Delcev University in Shtip
Tamara Jovanov: Faculty of Economics, Goce Delcev University in Shtip
Kosovka Ognjenovic: Institute of Economic Sciences, Belgrade

No 1609, Working Papers from The Institute of Economics, Zagreb

Abstract: Entrepreneurship has an increasingly important role in economic growth and development in both developed and underdeveloped countries. In order to explore entrepreneurial intentions and their antecedents in the post-transition context, we have conducted a survey among 1,200 students of economics and business in four Southeast European countries: Bosnia and Herzegovina, Croatia, Macedonia and Serbia. The following scales were included in the highly structured questionnaire: locus of control, risk taking propensity, perceived barriers, perceived support factors, personal attitude towards entrepreneurship, perceived behavioral control, subjective norm and entrepreneurial intention. Collected data were analyzed with multiple regression technique in order to explore the effects of various antecedents on entrepreneurial intention in the context of Southeast European countries. The results indicate that personal attitude towards entrepreneurship, perceived behavioral control and subjective norm positively and significantly affect entrepreneurial intent. Respondents from Bosnia and Herzegovina exhibit higher levels of entrepreneurial intent compared to other observed countries. The findings of our research provide better understanding of entrepreneurial intentions and their antecedents in the specific post-transition context of Southeast European countries. Theoretical and policy implications of the research findings are discussed in the paper.

Keywords: entrepreneurship; entrepreneurial intentions; survey; post-transition; Southeast Europe (search for similar items in EconPapers)
JEL-codes: L26 (search for similar items in EconPapers)
Pages: 30 pages
Date: 2016-11
New Economics Papers: this item is included in nep-ent, nep-sbm and nep-tra
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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