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Country’s Development as a Determinant of Early-Stage Entrepreneurial Activity

Marič Miha (), Žnidaršič Jasmina (), Uhan Miha (), Dimovski Vlado (), Ferjan Marko (), Djurica Maja (), Jeraj Mitja and Janežič Matej
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Marič Miha: Faculty of Organizational Sciences, University of Maribor, Kidričeva 55a, 4000 Kranj, Slovenia
Žnidaršič Jasmina: Faculty of Organizational Sciences, University of Maribor, Kidričeva 55a, 4000 Kranj, Slovenia
Uhan Miha: Faculty of Economics, University of Ljubljana, Kardeljeva ploščad 17, 1000 Ljubljana, Slovenia
Dimovski Vlado: Faculty of Economics, University of Ljubljana, Kardeljeva ploščad 17, 1000 Ljubljana, Slovenia
Ferjan Marko: Faculty of Organizational Sciences, University of Maribor, Kidričeva 55a, 4000 Kranj, Slovenia
Djurica Maja: Belgrade Business School, 73 Kraljica Marija Street, 1000 Belgrade, Serbia
Jeraj Mitja: JP Projekt, d.o.o., Trata XIV 6, 1330 Kočevje, Slovenia
Janežič Matej: National Institute of Chemistry, Hajdrihova 19, 1001 Ljubljana, Slovenia

Organizacija, 2013, vol. 46, issue 3, 75-86

Abstract: Our study is built on the dependence of early-stage entrepreneurial activity on GDP per capita, GDP real growth rate, unemployment rate, inflation rate, investments and public debt of different countries. We divide the early-stage entrepreneurial activity into necessity-driven and improvement-driven opportunistic entrepreneurial activity. To establish the dependencies we have conducted the regression analyses. Our three main findings are: (a) early-stage entrepreneurial activity does depend on our predictors; (b) necessity-driven entrepreneurial activity is negatively correlated to country’s development; and (c) improvement-driven opportunistic entrepreneurial activity is positively correlated to country’s development.

Keywords: entrepreneurship; early-stage entrepreneurial activity; economic development indicators (search for similar items in EconPapers)
Date: 2013
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Persistent link: https://EconPapers.repec.org/RePEc:vrs:organi:v:46:y:2013:i:3:p:75-86:n:1004

DOI: 10.2478/orga-2013-0011

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