Exploring Entrepreneurs’ Motivation: Comparison of Croatia, European Post-socialist and Developed Countries

Djula Borozan and Sanja Pfeifer
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Djula Borozan: Djula Borozan is Professor of Macroeconomics at the Faculty of Economics, University of J.J. Strossmayer, Osijek, Croatia. E-mail: pfeifer@efos.hr
Sanja Pfeifer: Sanja Pfeifer is Professor of Management at the Faculty of Economics, University of J.J. Strossmayer, Osijek, Croatia. E-mail: borozan@efos.hr

Journal of Entrepreneurship and Innovation in Emerging Economies, 2014, vol. 23, issue 2, 263-287

Abstract: This article explores the entrepreneurial profiles of Croatian entrepreneurs and compares them with the profiles of entrepreneurs of post-socialist and developed European countries. Specifically, logistic regression analysis was used to find the best descriptors of the opportunity and necessity-driven entrepreneurs in Croatia, post-socialist and developed European countries. Results indicate that chances for engaging in opportunity-driven entrepreneurship in Croatia are increasing for men and those who perceive their income level and competencies for running a business as high. The likelihood of engagement in opportunity-driven entrepreneurial activity in the post-socialist context has been related to the age rather than gender and innovations in the product/market matrix or higher export expectations. The developed countries’ datasets reveal that opportunity-driven entrepreneurs have been related to higher expectations of growth through new job openings.

Keywords: opportunity or necessity driven entrepreneurship; Croatia; European post-socialist countries; European developed countries; entrepreneurs’; profile (search for similar items in EconPapers)
Date: 2014
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Citations: View citations in EconPapers (2)

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Persistent link: https://EconPapers.repec.org/RePEc:sae:jouent:v:23:y:2014:i:2:p:263-287

DOI: 10.1177/0971355714535305

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