Regional and individual determinants of entrepreneurial growth aspirations
Fecha
2018Autor
Versión
Acceso abierto / Sarbide irekia
Tipo
Artículo / Artikulua
Versión
Versión publicada / Argitaratu den bertsioa
Identificador del proyecto
Impacto
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nodoi-noplumx
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Resumen
This paper investigates the unique and joint effects of population density and early-stage entrepreneurs’ human capital endowments (higher education, entrepreneurship training and owner-manager experience) on entrepreneurial growth aspirations. We test a number of hypotheses using data that combine individual and province level information in Spain over the period 2008-2010. We argue that growth ...
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This paper investigates the unique and joint effects of population density and early-stage entrepreneurs’ human capital endowments (higher education, entrepreneurship training and owner-manager experience) on entrepreneurial growth aspirations. We test a number of hypotheses using data that combine individual and province level information in Spain over the period 2008-2010. We argue that growth aspirations of early-stage entrepreneurs are higher in more densely populated regions, but that such environmental influence is stronger for individuals with greater human capital. This is because they will be more aware that denser regions offer more favorable conditions for new businesses and also requires greater firm growth to compensate for a higher risk of business failure. Consistent with our view, we find that the growth aspirations of entrepreneurs with higher education are higher in densely populated provinces. [--]
Materias
Growth aspirations,
Early-stage entrepreneurship,
Population density,
Human capital,
Global Entrepreneurship Monitor (GEM)
Editor
Universitat de Barcelona: Facultat Economia i Empresa.
Publicado en
Journal of Evolutionary Studies in Business, 3 (1), 17-53
Departamento
Universidad Pública de Navarra/Nafarroako Unibertsitate Publikoa. Institute for Advanced Research in Business and Economics - INARBE
Entidades Financiadoras
The authors acknowledge financial support from projects ECO2013-46954-C3-1-R, ECO2013-46954-C3-2-R, ECO2013-48496-C4-2-R and ECO2013-48496-C4-4-R (Spanish Ministry of Economics and Competitiveness).