The Mediator Role of Business Dynamism in the Impact of Innovation Ability of Countries on Entrepreneurial Intentions

Abstract

The main purpose of this research is to determine the mediator role of business dynamism in the impact of innovation ability of countries on entrepreneurial intentions. The data of innovation ability and business dynamism of 45 countries obtained from the World Economic Forum's Global Competitiveness Index for 2018 and their data of entrepreneurial intention obtained from the Global Entrepreneurship Monitor were included in the research. The conceptual model was evaluated with PROCESS, a multifaceted modeling tool developed by Andrew F. Hayes, which integrates many functions for SPSS and SAS for different statistical analyses such as mediator, regulatory and conditional process models, by mediation analysis. According to the findings of the analysis, it is understood that the innovation ability of the countries have a direct impact on the entrepreneurial intention, but business dynamism plays a complete mediator role in this impact and a significant part of the total impact is indirectly occurred with business dynamism.