ENVIRONMENTAL AND INDIVIDUAL DETERMINANTS OF ENREPRENEURIAL GROWTH: AN EMPIRICAL EXAMINATION

Jianwen Liao, Harold P. Welsch and David Pistrui
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Jianwen Liao: Department of Management & Marketing, Northeastern Illinois University, USA
Harold P. Welsch: Department of Management, DePaul University, USA
David Pistrui: Entrepreneurship Program, Department of Management, DePaul University, USA

Journal of Enterprising Culture (JEC), 2001, vol. 09, issue 03, 253-272

Abstract: Entrepreneurial growth is predicted to be related to micro variables (motivations) and macro variables (infrastructure elements) but in a differential way. Infrastructure variables are tested as moderators in the motivation-growth relationship. Motivations are further categorized into intrinsic pull and extrinsic push factors. A rich sample of 405 recently-minted entrepreneurs in a privatizing economy (Romania) was surveyed. Results essentially confirmed the predictions, with motivations playing a larger role than anticipated. Implications were discussed for policymakers charged with the responsibilities of economic development through entrepreneurship.

Date: 2001
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DOI: 10.1142/S0218495801000146

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