scholarly journals The influence of individual characteristics on getting involved in an entrepreneurial team: The contingent role of individualism

2021 ◽  
Author(s):  
Nathaly Pinzón ◽  
Javier Montero ◽  
José L. González-Pernía
Keyword(s):  
Human Capital ◽  
Educational Level ◽  
Early Stage ◽  
Individual Characteristics ◽  
Global Entrepreneurship Monitor ◽  
Entrepreneurial Teams ◽  
Entrepreneurial Team ◽  
Employment Generation ◽  
Global Entrepreneurship

AbstractA traditional stereotype of the entrepreneur is that of a lone hero. However, many entrepreneurs engage in new businesses as members of entrepreneurial teams. These teams usually perform better in terms of employment generation, innovation, and profits. Thus, a relevant question is why some individuals get involved in entrepreneurship through a team rather than alone. Our explanation is focused on two variables related to the entrepreneur’s human capital: their educational level and their intrapreneurial experience. There are conflicting arguments on how these variables lead an entrepreneur to join a team, and we argue that the degree of individualism of the society helps us understand the discrepancies. We use a sample of 66,716 early-stage entrepreneurs from 66 countries surveyed by the Global Entrepreneurship Monitor between 2014 and 2017. Our results show that entrepreneurs with higher levels of education and intrapreneurial experience are more likely to be involved in the entrepreneurship process as members of teams. However, the effect of educational level is less pronounced in individualist contexts. In addition, we find that the motivation to enter entrepreneurship partially mediates these relationships, as individuals endowed with higher human capital are likely to enter entrepreneurship driven by an opportunistic motivation, which in turns makes them likely to need or join teams to reach their goals.

scholarly journals Trade Liberalization and the Lead Role of Human Capital and Job Attributes in Wage Determination: The Case of Pakistan’s Labor Market

2009 ◽  
Vol 14 (1) ◽  
pp. 1-37 ◽  
Author(s):  
Bushra Yasmin
Keyword(s):  
Human Capital ◽  
Trade Liberalization ◽  
Wage Gap ◽  
Individual Characteristics ◽  
Wage Distribution ◽  
Wage Determination ◽  
Pay Gap ◽  
Job Attributes ◽  
The Difference

This study analyzes the role of human capital and job attributes, i.e., supply-side determinants, in determining wages in a period of trade liberalization. Using the Mincerian earning function and based on data from the Labor Force Surveys, we construct a model to estimate various wage determinants and compute the rates of return to different educational qualifications and relative occupational wage shares for the years 2005/06 and 1990/91. The estimated earning functions for 1990/91 and 2005/06 are compared to investigate whether individual characteristics—such as gender, job location, nature of job, educational qualifications, and different occupations—cause the wage gap to widen or contract under conditions of trade liberalization. The mean and quantile regression approach is used for estimation purposes. Our key findings postulate (i) an increasing gender pay gap, (ii) a higher wage premium to the highest educational qualification, and (iii) more or less stable relative wages for different occupations over time. In addition, wage dispersion across occupational groups appears more pronounced in 1990/91 than in 2005/06, implying a declining trend in the difference in wage distribution across occupations.

scholarly journals NILAI-NILAI INDIVIDUAL WIRAUSAHA SEBAGAI SUMBERDAYA STRATEGIS DALAM PROSES PEMBENTUKAN KEUNGGULAN KOMPETITIF (Studi Kasus di Unit Usaha Waralaba CV. Inti Sukses Pratama Malang)

2018 ◽  
Vol 8 (1) ◽  
pp. 1-9
Author(s):  
Aleria Irma Hatneny ◽  
Ety Saraswati ◽  
Hariri Hariri ◽  
Ita Athia
Keyword(s):  
Competitive Advantage ◽  
Business Organizations ◽  
Global Entrepreneurship Monitor ◽  
Individual Values ◽  
Strategic Role ◽  
Global Entrepreneurship

From the GEM report (Global Entrepreneurship Monitor) small and mediumenterprises can contribute 57% to GDP Indonesia, including entrepreneurship. While thephenomenon is still visible weak competitiveness capabilities in which the data fromGlobal Competitiveness Report 2016-2017 rank Indonesia decreased. The number ofentrepreneurs is also relatively small compared to neighboring countries. From theperspective of entrepreneurship spirit is interesting to examine the values of individualentrepreneurs who have an important role to competitiveness. How the role of individualvalues of entrepreneurs in the process of forming competitive advantage that has highcompetitiveness. From the results of research and discussion obtained the conclusion thatthere are 5 individual values of entrepreneurs are important based on the intensity ofentrepreneurial activity. Individual values are integrated in such a way in corporatestrategy that proved to be an important capital that plays a strategic role for the processof achieving competitive advantage and competitiveness of business organizations.

Innovation affecting growth aspirations of early stage entrepreneurs: culture and economic freedom matter

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Mehrzad Saeedikiya ◽  
Jizhen Li ◽  
Shayegheh Ashourizadeh ◽  
Serdar Temiz
Keyword(s):  
Hierarchical Linear Modeling ◽  
Design Methodology ◽  
Economic Freedom ◽  
Early Stage ◽  
Linear Modeling ◽  
Global Entrepreneurship Monitor ◽  
Content Type ◽  
Entrepreneurial Growth ◽  
Positive Effect

Purpose Earlier research confirms the positive effect of innovation in shaping growth ambitions of entrepreneurs. The aim of this paper is to investigate whether the effect of innovation on growth ambitions of entrepreneurs is contingent on the role of institutions, namely, culture and economic freedom. In other words, the authors’ objective is to provide an institutionally contingent understanding of the role of innovation in shaping growth ambitions of early-stage entrepreneurs. Design/methodology/approach The authors applied hierarchical linear modeling technique on the data of 100,566 early-stage entrepreneurs in 109 countries that participated in annual surveys of Global Entrepreneurship Monitor. Findings The authors find that the effect of innovation on shaping growth ambitions of early stage entrepreneurs is contingent on the role of culture such that, in secular cultures, innovation benefits growth ambitions more than traditional cultures. Further, the authors found that the effect of innovation on growth expectations is dependent on the level of economic freedom in the country in which the firms operate so that in the countries with higher level of economic freedom, early-stage entrepreneurs expect more growth out of their innovation as compared to their counterparts in the depressed economies. Originality/value The results contribute to our understanding of entrepreneurial growth aspirations as a result of the interplay of entrepreneur–firm–environment nexus.

Is Entrepreneurship Education Key to All Entrepreneurial Initiatives?

2021 ◽  
pp. 45-63
Author(s):  
Joana Costa
Keyword(s):  
Economic Growth ◽  
Entrepreneurship Education ◽  
Individual Characteristics ◽  
Entrepreneurial Activity ◽  
The Core ◽  
Knowledge Based ◽  
The World ◽  
Employment Generation ◽  
Different Cultures

Entrepreneurship is a worldwide reality. Since the beginning of times and all around the world people have created businesses. Entrepreneurial orientation, from a macroeconomic perspective, allows income and employment generation, thus boosting growth. At the microeconomic level, it is a competition booster playing a central role in a globalized market. In this entrepreneurial ecosystem in which knowledge-based activity is the core booster of employment, economic growth, and competitiveness, universities and, in particular, entrepreneurial universities play either the role of knowledge production and dissemination. The present work aims to understand the role of education (formal and entrepreneurship) on entrepreneurial activity combined with heterogeneous individual characteristics and different cultures and geographies. Specifically, the study identifies substitution and complementary effects among both types of education according to individual taxonomies.

scholarly journals Implications of Network Diversity for Venture Growth: The Mediation Effect of Entrepreneurial Alertness

2020 ◽  
Vol 12 (22) ◽  
pp. 9762
Author(s):  
Wu Zhao ◽  
Jizhen Li ◽  
Xiaohua Li ◽  
Thomas Schøtt
Keyword(s):  
Educational Level ◽  
Mediation Effect ◽  
Moderating Effects ◽  
Global Entrepreneurship Monitor ◽  
Heterogeneous Information ◽  
Entrepreneurial Alertness ◽  
Network Diversity ◽  
Global Entrepreneurship ◽  
Gem Data ◽  
The Relationship

This paper extends the conventional wisdom of social networks and entrepreneurship by clarifying the relationship between network diversity and venture growth as well as by studying the mediation effect of entrepreneurial alertness on network diversity. It highlights the importance of diverse networks for providing heterogeneous information and resources, which is the antecedent of entrepreneurial alertness. In this paper, Global Entrepreneurship Monitor (GEM) data from 44 countries are used in our analysis, considering the country’s impact. Overall, we concluded that network diversity can significantly predict entrepreneurial alertness, and a venture’s growth. Furthermore, an entrepreneur’s educational level and entrepreneurial experience have positive moderating effects on the relationship between network diversity and entrepreneurial alertness.

ENTREPRENEURIAL ACTIVITY IN AMERICAN INDIAN NATIONS: EXTENDING THE GEM METHODOLOGY

2013 ◽  
Vol 18 (02) ◽  
pp. 1350009
Author(s):  
REBECCA J. FRANKLIN ◽  
MICHAEL H. MORRIS ◽  
JUSTIN W. WEBB
Keyword(s):  
American Indian ◽  
Early Stage ◽  
The United States ◽  
Entrepreneurial Activity ◽  
Global Entrepreneurship Monitor ◽  
Nascent Entrepreneurship ◽  
Individual Level ◽  
Global Entrepreneurship ◽  
Entrepreneurial Activities ◽  
Indian Nations

Drawing on institutional theory and using a methodology adapted from the Global Entrepreneurship Monitor (GEM), early stage entrepreneurial activities are examined within American Indian nations. Examining a context within a larger institutional context, comparisons are made between three American Indian nations and the United States. Patterns are identified regarding total entrepreneurial activity (TEA), nascent entrepreneurship, business discontinuation and new and established business rates. Additional analyses are conducted of individual-level variables within American Indian nations including location, self-efficacy and other variables in relation to nascent entrepreneurship and business ownership. Implications are drawn for tribal entrepreneurship development and further extension of the GEM methodology.

How Social Ventures Grow: Understanding the Role of Philanthropic Grants in Scaling Social Entrepreneurship

2020 ◽  
pp. 000765032097343
Author(s):  
Saurabh A. Lall ◽  
Jacob Park
Keyword(s):  
Human Capital ◽  
Social Entrepreneurship ◽  
Early Stage ◽  
Institutional Logics ◽  
Short Term ◽  
Data Set ◽  
Positive Effects ◽  
Debt Finance ◽  
Social Ventures

Although early-stage finance is critical to the growth of most ventures, it is even more important for social ventures as they face the challenges of balancing their social and commercial objectives. Drawing on institutional logics and signaling theory, this study uses a panel data set of 3,401 nascent social ventures to investigate the important role philanthropic grant funding plays in the organizational and financial development of social ventures. We find mixed results, with positive effects on employment and subsequent access to debt finance, but no effects on revenues and access to equity. Our findings connect these theories by suggesting philanthropic grants provide social ventures with flexibility to invest in human capital without pushing them to pursue short-term financial objectives, and that receiving a philanthropic grant provides a signal that is interpreted differently by debt and equity financiers. These findings are especially relevant as funders increasingly use grants to support social entrepreneurship.

scholarly journals The value of entrepreneurship by gender on regional behaviour

2021 ◽  
Author(s):  
Fernando Crecente ◽  
María Sarabia ◽  
María Teresa del Val
Keyword(s):  
Women Entrepreneurs ◽  
Early Stage ◽  
Entrepreneurial Activity ◽  
Regional Convergence ◽  
Global Entrepreneurship Monitor ◽  
Female Entrepreneurship ◽  
Men And Women ◽  
Entrepreneurial Organization ◽  
Global Entrepreneurship ◽  
Over Time

AbstractThis paper examines how the value of entrepreneurship by gender is related to regional behaviour. Researchers have traditionally defined entrepreneurial organization as separate to gender and to economic growth. Using the Global Entrepreneurship Monitor (GEM) we complete a dataset of 50 countries using variables such as total early-stage entrepreneurial activity (TEA) and opportunity-driven entrepreneurial activity (OPP). The methodology used proposes an analysis of regional convergence, comparing the evolution over time of both the rate of entrepreneurial activity and the ratios of opportunity-driven and need-driven entrepreneurial activity, distinguishing by gender. On the other hand, a regression model is proposed that explains the greater presence of female entrepreneurship. The results show that entrepreneurship by gender is an important factor to define different cluster of countries according to how men and women entrepreneurs create new economic opportunities.

scholarly journals Women Entrepreneurship in Visegrad Region and its Drivers

2016 ◽  
Vol 64 (6) ◽  
pp. 1899-1910 ◽  
Author(s):  
Marian Holienka ◽  
Zuzana Jančovičová ◽  
Zuzana Kovačičová
Keyword(s):  
Early Stage ◽  
Entrepreneurial Activity ◽  
Global Entrepreneurship Monitor ◽  
Female Population ◽  
Women Entrepreneurship ◽  
Individual Level ◽  
Level Data ◽  
Global Entrepreneurship ◽  
Entrepreneurial Activities ◽  
Visegrád Countries

The aim of our paper is to analyze the quantitative aspects of entrepreneurial activity among female population, and to investigate for drivers of women involvement in early‑stage entrepreneurial activities in Visegrad countries (i.e. Czech Republic, Hungary, Slovakia and Poland). We employ Global Entrepreneurship Monitor national and individual level data for four consecutive years 2011 – 2014 (altogether 16,036 respondents). First, we analyze the main indicators of female entrepreneurial activity, including the inclusivity index, using the descriptive statistics methods. Second, we execute logistic regression analysis and look for the factors related to entering the entrepreneurial path among women in our region, while considering the opportunity and necessity motive dichotomy. Our results show that women in V4 region exhibit more sceptic attitudes towards entrepreneurship as well as low inclusion in entrepreneurial activity in all stages, compared to their male counterparts. Further in our analysis, we have identified the most important factors that act as women entrepreneurship drivers, considering its motivation. Our findings therefore unveil the problematic aspects of women entrepreneurship in Visegrad countries and point out the potential solutions. In our paper we further discuss these findings and their implications.

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