Entrepreneurial readiness in the context of national systems of entrepreneurship
This study contributes to the emerging stream of literature on national systems of entrepreneurship by investigating the importance of systemic contingencies between individual-level and country-level variables. Specifically, we develop the concept of entrepreneurial readiness as a factor consisting...
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| Veröffentlicht in: | Small business economics 2016-04, Vol.46 (4), p.619-637 |
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| container_title | Small business economics |
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| creator | Schillo, R. Sandra Persaud, Ajax Jin, Meng |
| description | This study contributes to the emerging stream of literature on national systems of entrepreneurship by investigating the importance of systemic contingencies between individual-level and country-level variables. Specifically, we develop the concept of entrepreneurial readiness as a factor consisting of four items relating to individuals' skills, fear of failure, social connectedness, and opportunity perception. The results indicate that this entrepreneurial readiness construct is a more parsimonious and cogent representation of individual-level characteristics than several loosely connected individual traits. Moreover, we demonstrate that entrepreneurial readiness has substantial explanatory power with regard to individuals' entrepreneurial intention. Individuals' entrepreneurial intentions are also influenced by several dimensions of the national environment such that entrepreneurial readiness and these national environmental conditions are mutually reinforcing. These findings lend support to the importance of viewing entrepreneurship from a systems perspective and underscore the importance of institutional conditions in fostering entrepreneurship. |
| doi_str_mv | 10.1007/s11187-016-9709-x |
| format | Article |
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| source | EBSCOhost Business Source Complete; JSTOR Archive Collection A-Z Listing; SpringerLink Journals - AutoHoldings |
| subjects | American School economics Business and Management Cognition Commercial regulation Economic models Economic regulation Economic statistics Economic theory Entrepreneurs Entrepreneurship Industrial Organization Management Microeconomics Normativity Productivity Small business Small businesses Start up firms Studies World Bank |
| title | Entrepreneurial readiness in the context of national systems of entrepreneurship |
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