Opportunity-motivated entrepreneurs’ growth expectations in Latin America and the moderating effect of education and exports
| dc.contributor.author | Lecuna, Antonio | |
| dc.date.accessioned | 2015-09-03T18:33:49Z | |
| dc.date.available | 2015-09-03T18:33:49Z | |
| dc.date.issued | 2014-08 | |
| dc.description.abstract | Scholars have articulated a number of arguments regarding the beneficial effects of opportunity-motivated (as opposed to necessity-driven) entrepreneurs, and this study delves somewhat deeper into this topic. First, this study uses the expectation of job creation over five years as a metric to measure the benefits of entrepreneurship and employs this metric as a dependent variable defined as growth expectation. Second, this study utilizes a sample of 111,194 entrepreneurs to estimate how growth expectation is affected by the interaction between opportunity motivation and five entrepreneurial competencies: opportunity-alertness, self-efficacy, networking, risk-willingness, and education. Third, because the most significant interaction effect resulted from the interaction between opportunity-motivation and education, this combination is further explored with respect to the additional effect of three firm characteristics: operational phase, export orientation and innovation orientation. In the context of a relatively homogenous group of 19 Latin American countries, the results suggest that opportunity-motivated entrepreneurs’ numbers of years of schooling and an export-oriented firm provides added value and jointly boosts growth expectations, as reflected in expected increases in the number of employees | es_CL |
| dc.format.extent | 18 páginas | es_CL |
| dc.identifier.uri | http://hdl.handle.net/11447/111 | |
| dc.language.iso | en_US | es_CL |
| dc.publisher | School of Business and Economics, Universidad del Desarrollo | es_CL |
| dc.relation.ispartofseries | Working Paper;18 | |
| dc.subject | Entrepreneurship | es_CL |
| dc.subject | Start-up | es_CL |
| dc.subject | Small business | es_CL |
| dc.subject | Innovation | es_CL |
| dc.subject | Growth expectation | es_CL |
| dc.title | Opportunity-motivated entrepreneurs’ growth expectations in Latin America and the moderating effect of education and exports | es_CL |
| dc.type | Documento de trabajo | es_CL |
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