Impact of institutions on entrepreneurship: a panel data analysis

Yay, Turan; Yay, Gülsün; Aksoy, Tolga

doi:10.1007/s40822-017-0082-0

Cited by 16 publications

(18 citation statements)

References 48 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…In spite of the fact that the global markets are dominated by multinational corporations in most of the Euopean countries more than 50% of employment and national product are created by small and medium sized enterprises. Thus, in the reality of growing international competition, entrepreneurship is crucial for building effective economy both at national and regional level (Agrawal, 2016;Adamowicz & Machla, 2016;Saeed et al 2017;Kljucnikov & Belas, 2016;Mayer et al 2016;Yan et al, 2017;Melas et al, 2017). This factor is commonly pointed in many national strategies of growth and it was strongly stressed in the Europe 2020 plan.…”

Section: Introductionmentioning

confidence: 99%

Entrepreneurial environment at regional level: the case of Polish path towards sustainable socio-economic development

Pietrzak¹,

Balcerzak²,

Gajdos³

et al. 2017

JESI

View full text Add to dashboard Cite

Globalization process creates fovurable conditions for dynamic development of economic centers both at national and regional level. Yet, it may be an obstacle for growth for peripheral countries and regions. In the European Union one can confirm convergence process at national level. However, in Central European countries the convergence of national economies does not support sustainable growth at regional level and regional convergence process. This situation often leads to the problem of draining up of scarce resources from peripheral regions, which negatively affects their entrepreneurship potential and sustainable socio-economic development. In the longer run this unbalanced spatial growth can become a significant obstacle for welfare improvements. In this context, the purpose of the article is to analyze the quality of entrepreneurial environment in Poland at regional level within the context of sustainability framework. The research was done for NUTS 2 regions in the years 2010-2014. The quality of entrepreneurial environment is considered here as a multiple-criteria phenomenon that should be treated as a latent variable. Thus, in the research Structural Equation Modeling (SEM) analysis was applied. Values of the latent variable were assessed based on confirmatory factor analysis, which provided information on the socio-economic development of Polish regions, which determinates the entrepreneurial conditions. In order to group the regions to homogenous subsets natural breaks method was used. The conducted research confirms the process of improvement of entrepreneurial conditions in most of the NUTS 2 regions in Poland. From the perspective of regional convergence process, on the one hand, one can point some positive factors such as noticeable improvements in some underdeveloped regions. However, the dominance of the central region and significant disparities between the NUTS 2 are still relatively stable and extensive. From the methodological perspective the article shows the applicability of SEM methodology to national and regional analysis with application of data from national statistics.

show abstract

Section: Introductionmentioning

confidence: 99%

Entrepreneurial environment at regional level: the case of Polish path towards sustainable socio-economic development

Pietrzak¹,

Balcerzak²,

Gajdos³

et al. 2017

JESI

View full text Add to dashboard Cite

show abstract

“…Then Balcerzak 2018implemented an analysis based on entropy weights, which confirmed the role of entrepreneurship conditions in shaping institutional environment, though its importance for forming overall institutional conditions was lower than the role of labour markets, juridical system and competitive environment, but higher than the role of financial markets. This result can be considered as a different form the previously mentioned studies provided by Yay et al (2018), which can be related to the concentration on the group of relatively developed economies, where the availability of capital for entrepreneurs is not such a big problem as in the case of developing economies.…”

Section: Literature Reviewmentioning

confidence: 54%

“…Therefore, the research confirms the need for permanent studies with regard to entrepreneurship types and conditions that is needed for proposing effective policy guidelines. Yay et al (2018) analyzed a bigger sample of economies at the national level in order to investigate the impact of formal institutions and institutions of governance on formal and informal entrepreneurship with application of unbalanced panel data for 54 economies in the years 2004-2012. The authors suggest that both formal institutions and governance can support formal entrepreneurship, however, the governance can be negatively related with informal entrepreneurship.…”

Section: Literature Reviewmentioning

confidence: 99%

Multiple-criteria analysis of regional entrepreneurship conditions in Poland

Rogalska

2018

View full text Add to dashboard Cite

Research background: Building effective conditions for doing business and sup-porting entrepreneurs is currently considered as a basic growth determinant. It is a policy objective not only at the national level, but also an important factor influencing the competitive potential of regions and local communities. It is especially important in the case of Central European countries and regions that face the problem of closing development gap. Therefore, comparative research with regard to entrepreneurship conditions, especially at spatially lower aggregation level, can provide important background for proposing policy guidelines. Purpose of the article: The main objective of the article is to analyse changes in disparities in regard to entrepreneurship conditions in Poland at NUTS 3 level in the years 2010 and 2015. Methods: The entrepreneurship conditions are analysed based on 5 criteria. As a result, they are considered as a multiple-criteria phenomenon. Therefore, in the article the dynamic analysis was implemented, where taxonomic measure of development was assessed with TOPSIS method based on median vector Weber. The obtained taxonomic measure allowed to rank the NUTS 3 regions starting with the ones characterised with the best conditions for entrepreneurs to the ones with the worst conditions, to group then into relatively homogenous subsets, and finally to verify the changes in the disparities between the regions in the analysed period. Findings & Value added: The research confirms that in spite of visible improvements significant disparities at the regional level in regard to entrepreneurial conditions should be considered as an actual and important problem for regional policy in Poland. This factor can negatively affect the possibilities of reaching spatially sustainable growth objectives. From the long-term perspective, the disparities can still negatively affects social and political growth environment in Poland.

show abstract

“…These are key issues for policymakers striving to promote entrepreneurship due to its significant economic outcomes. Though some scholars have examined the impact of institutions on the rate of entrepreneurship [1,2], the impact of national institutions on individuals" choosing a specific type of entrepreneurship is still under-researched.…”

Section: Do Institutions Have Equal Impact On Everyone In Society?mentioning

confidence: 99%

The Joint Effect of Institutional Profile and National Innovation System on the types of Entrepreneurship

Khobdeh

Tayebinaz

2021

IJBMR

View full text Add to dashboard Cite

While prior research has uncovered the impact of some national institutions on the general level of entrepreneurship in a country, there is still limited knowledge about the role of the institutional arrangements of a country on specific types of entrepreneurial activities, namely necessity versus opportunity entrepreneurship. To address this gap, we conduct a multilevel analysis using a sample of 10776 individuals from 55 diverse countries to examine how institutional factors (i.e., countries’ institutional profile and national innovation system) impact entrepreneur’s choice of pursuing a specific type of entrepreneurship. Using Hierarchical Linear Modeling, the findings indicate that neither institutional profile nor national innovation system (NIS) elements solely determine the choice between opportunity motivated entrepreneurship (OME) and necessity motivated entrepreneurship (NME); however, OME tends to be higher in instances when supportive institutional arrangements (regulatory, normative, and cognitive) toward entrepreneurship get coupled with national innovation system factors. The study contributes to a more nuanced understanding of embedded agency within the institutional logics perspective. It bridges the literature on individual and institutional antecedents of entrepreneurship. Further implications for theory and practice are discussed.

show abstract

Impact of institutions on entrepreneurship: a panel data analysis

Cited by 16 publications

References 48 publications

Entrepreneurial environment at regional level: the case of Polish path towards sustainable socio-economic development

Entrepreneurial environment at regional level: the case of Polish path towards sustainable socio-economic development

Multiple-criteria analysis of regional entrepreneurship conditions in Poland

The Joint Effect of Institutional Profile and National Innovation System on the types of Entrepreneurship

Contact Info

Product

Resources

About