Do Entrepreneurial Attitudes Explain the Rising International Business Orientation in Developing and Emerging Economies?
Autor: | Vogiatzoglou Klimis |
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Rok vydání: | 2019 |
Předmět: |
Entrepreneurship
Index (economics) HF5001-6182 Social Psychology 050204 development studies media_common.quotation_subject Economics Econometrics and Finance (miscellaneous) Sample (statistics) International business direct investments abroad Perception 0502 economics and business Business 050207 economics Emerging markets media_common developing and emerging economies international business orientation exporting 05 social sciences entrepreneurial attitudes Test (assessment) Business Management and Accounting (miscellaneous) Survey data collection Demographic economics |
Zdroj: | Studies in Business and Economics, Vol 14, Iss 2, Pp 245-256 (2019) |
ISSN: | 2344-5416 |
DOI: | 10.2478/sbe-2019-0038 |
Popis: | This paper examines the characteristics that relate to a country’s entrepreneurial attitudes, perceptions, intentions, and aspirations for 17 developing and emerging economies during the 2002-2016 period. Many of those countries have recorded high economic growth rates and have increasingly become more outward-oriented in terms of both, exporting activities as well as direct investments abroad. The empirical analysis is based on survey data from the Adult Population Survey of the Global Entrepreneurship Monitor (GEM) project. We create an overall entrepreneurial attitude index (taking values between 0 and 100) from 6 underlying GEM entrepreneurial attitude indicators. In addition to examining relevant cross-country patterns and trends, a statistical analysis is conducted to test whether a more positive entrepreneurial attitude in a country is associated with a higher international business orientation. The findings indicate that there has been an increase in the overall entrepreneurial attitude index on average, but there are different trends among countries. Most importantly, the results show that improved entrepreneurial attitudes do not explain the increasing international business orientation that has been observed during the sample period. This suggests that in the developing and emerging economies under study other factors were strongly driving the expansion of international business activities. |
Databáze: | OpenAIRE |
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