Does the impact of the COVID-19 inhibit global entrepreneurial activities? Structural equation model analysis based on GEM data of 90 countries
Using survey data from 90 nations polled by the Global Entrepreneurship Monitor (GEM) in the past two years from 2020 to 2022, this study evaluates the effect of COVID-19 on global entrepreneurship and its mechanism using a structural equation model (SEM). The results show that under the impact of C...
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| Veröffentlicht in: | International entrepreneurship and management journal 2024-06, Vol.20 (2), p.1511-1529 |
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| container_title | International entrepreneurship and management journal |
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| creator | Zhu, Jinsheng Wu, Yue |
| description | Using survey data from 90 nations polled by the Global
Entrepreneurship Monitor (GEM) in the past two years from 2020 to 2022, this study evaluates the effect of COVID-19 on global entrepreneurship and its mechanism using a structural equation model (SEM). The results show that under the impact of COVID-19, entrepreneurial activities are still active, becoming the fortunate choice for many people to turn danger into opportunity. Entrepreneurial self-efficacy and motivation play a significant chain-mediating role in the impact of COVID-19 on entrepreneurial activities. The entrepreneurial environment played a positive moderating role in the relationship between COVID-19 and entrepreneurial activities. Further heterogeneity analysis shows that this moderating effect is more significant in low- and middle-income economies and in the stage of epidemic normalization. Finally, this study offers policy suggestions on how to propel the entrepreneurial environment, improve entrepreneurial self-efficacy, stimulate entrepreneurial motivation, and promote entrepreneurial activities. |
| doi_str_mv | 10.1007/s11365-023-00890-1 |
| format | Article |
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Entrepreneurship Monitor (GEM) in the past two years from 2020 to 2022, this study evaluates the effect of COVID-19 on global entrepreneurship and its mechanism using a structural equation model (SEM). The results show that under the impact of COVID-19, entrepreneurial activities are still active, becoming the fortunate choice for many people to turn danger into opportunity. Entrepreneurial self-efficacy and motivation play a significant chain-mediating role in the impact of COVID-19 on entrepreneurial activities. The entrepreneurial environment played a positive moderating role in the relationship between COVID-19 and entrepreneurial activities. Further heterogeneity analysis shows that this moderating effect is more significant in low- and middle-income economies and in the stage of epidemic normalization. Finally, this study offers policy suggestions on how to propel the entrepreneurial environment, improve entrepreneurial self-efficacy, stimulate entrepreneurial motivation, and promote entrepreneurial activities.</abstract><cop>New York</cop><pub>Springer US</pub><doi>10.1007/s11365-023-00890-1</doi><tpages>19</tpages><orcidid>https://orcid.org/0000-0002-9975-7534</orcidid></addata></record> |
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| subjects | Business and Management COVID-19 Economic impact Emerging Markets/Globalization Entrepreneurs Entrepreneurship Global economy Management Motivation Pandemics Regression analysis Self-efficacy Social entrepreneurship Startups Structural equation modeling |
| title | Does the impact of the COVID-19 inhibit global entrepreneurial activities? Structural equation model analysis based on GEM data of 90 countries |
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