Aviturismo y coinnovación para el emprendimiento

Muñoz, Andrés José Castrillón; Amaya, Maria

doi:10.2307/j.ctv1pbww53

Cited by 1 publication

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“…To the best of our knowledge, the drivers of entrepreneurial growth expectations in the rural areas of Chile, a perfect candidate for this study given the great heterogeneity between its urban and rural settings (Muñoz, 2017; Muñoz et al , 2020a), have never been identified in the literature. These drivers are then compared with their urban counterparts.…”

Section: Introductionmentioning

confidence: 99%

Drivers of growth expectations in Latin American rural contexts

Mahn

Lecuna

Chávez

et al. 2022

JEEE

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Purpose Given the importance of growth-oriented entrepreneurship in the context of economic development and the need to understand how rural communities can be developed, the purpose of this research paper is to determine how the drivers of growth expectations differ between urban and rural settings. Design/methodology/approach The methodology is threefold: firstly, a descriptive analysis with non-parametric testing is conducted; then pooled regression model is used to analyse the predictors of growth expectations in both contexts, and finally, coarsened exact matching is used to identify possible self-selection bias. Findings In contrast to mainstream entrepreneurship theory, it is found that entrepreneurs’ intrinsic knowledge, skills and abilities are not significant in the rural-specific model. The only exception is entrepreneurs’ educational level, the importance of which is emphasised as a pivotal factor in increasing high-growth ventures in rural communities. Additionally, when self-selection is eliminated, rurality worsens growth intentions. Practical implications There is evidence that some growth-oriented entrepreneurs self-select into rural communities. Because the high-growth entrepreneurial dynamics in rural areas are unique, public policies should target purpose-driven entrepreneurial education. This includes encouraging “lifestyle entrepreneurship” (e.g. retirees returning to rural areas to become entrepreneurs), preventing entrepreneurial brain drain in rural areas and attracting highly educated urban entrepreneurs to exploit opportunities in rural areas. Originality/value This research attempts to contribute to the ongoing debate regarding the factors that drive high-growth entrepreneurs in rural areas by analysing rural entrepreneurs in the high-growth context of a developing economy. The focus is on Chile – a country that is rarely investigated compared to the USA or Europe – to extend the literature on high-growth ventures and entrepreneurial ecosystems.

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Section: Introductionmentioning

confidence: 99%