Does climate risk affect entrepreneurial growth aspirations? The moderating effects of gender and solo-founded ventures

Wenping Ye (), Zhongfeng Su () and Hongjia Ma ()
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Wenping Ye: Jinan University
Zhongfeng Su: Xi’an Jiaotong University
Hongjia Ma: Jilin University

Small Business Economics, 2023, vol. 61, issue 4, No 12, 1692 pages

Abstract: Abstract This study examines the effect of climate risk on entrepreneurs’ growth aspirations (EGAs) between female and male entrepreneurs on the one hand and between solo and non-solo founders on the other. Drawing on data pertaining to 54,814 entrepreneurs across 48 countries and regions for the 2005–2016 period, we find that climate risk has a positive effect on EGAs and this effect is stronger for female entrepreneurs and non-solo founders. This study extends the consequences of climate risk to individual entrepreneurship, identifies climate risk as an antecedent of EGAs, and advances our knowledge of differences between female and male entrepreneurs and between solo and non-solo founders.

Keywords: Climate risk; Entrepreneurial growth aspirations; Gender; Solo founder (search for similar items in EconPapers)
JEL-codes: J7 L26 M13 M59 (search for similar items in EconPapers)
Date: 2023
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Citations: View citations in EconPapers (2)

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DOI: 10.1007/s11187-023-00744-8

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