<abstract xmlns="http://www.w3.org/1999/xhtml"><p>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.</p></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.

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

Faculty of Organizational Sciences, University of Maribor, Kidričeva 55a, 4000 Kranj, Slovenia

Faculty of Economics, University of Ljubljana, Kardeljeva ploščad 17, 1000 Ljubljana, Slovenia

Belgrade Business School, 73 Kraljica Marija Street, 1000 Belgrade, Serbia

JP Projekt, d.o.o., Trata XIV 6, 1330 Kočevje, Slovenia

National Institute of Chemistry, Hajdrihova 19, 1001 Ljubljana, Slovenia

Organizacija

Our study is built on the dependence of early-stage entrepreneurial activity on GDP per capita, GDP real growth rate, unemployment rate, inflation rate,...

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

Published Online: Jun 01, 2013

Page range: 75 - 86

DOI: https://doi.org/10.2478/orga-2013-0011

This content is open access.