scholarly journals The colors of entrepreneurship in Brazil: Effects of ethnicity on income, from a behavioral perspective

2021 ◽  
Author(s):  
Carolina Rosa ◽  
Silvio Vasconcellos ◽  
Christian Falaster
Keyword(s):  
Decision Making ◽  
Behavioral Characteristics ◽  
Entrepreneurial Behavior ◽  
Global Entrepreneurship Monitor ◽  
Ethnic Prejudice ◽  
Necessity Entrepreneurship ◽  
Global Entrepreneurship ◽  
Harmful Effects ◽  
Positive Results ◽  
Behavioral Perspective

Objective: To analyze whether the behavioral logic of decision-making could mitigate the effects of ethnic prejudice on the entrepreneur’s income. Method: Based on the theme of entrepreneurship by necessity and the effectuation theory, we prepared a survey with 107 entrepreneurs in Brazil, considering different socioeconomic aspects capable of mitigating or accentuating such effects. We used correlation analysis and linear regression to examine the data collected, with socioeconomic variables considered control variables. Originality/Relevance: The study contemplates the predominant logic of entrepreneurial behavior and the necessity entrepreneurship in discussing the effects of ethnic prejudice on the income of those who undertake it. Results: The results corroborate the research developed by the Global Entrepreneurship Monitor, indicating that the ethnic condition has harmful effects on the entrepreneur’s gain due to prejudice but indicates partial mitigation of such effects on the behavioral logic adopted by the entrepreneur. Theoretical/methodological contributions: This study points out how the interaction between ethnicity and entrepreneurial behavior can also cause positive results in the earnings of the entrepreneur, although the effects of prejudice are not fully mitigated, even if there is an effort in planning or using the knowledge, skills, and networking of the entrepreneur. Social/managerial contributions: Behavioral characteristics in decision-making (causation or effectuation) can mitigate the effects of ethnic prejudice on the entrepreneur’s income. Although not statistically significant, these characteristics have the potential to provide information for the construction of affirmative public policies for insertion and entrepreneurial education.

scholarly journals IS INDIVIDUAL ENTREPRENEURSHIP NECESSITY OR AN OPPORTUNITY IN THE KYRGYZ REPUBLIC? A PANEL STUDY

2014 ◽  
Vol 9 (1) ◽  
Author(s):  
Urmatbek Tynaliev
Keyword(s):  
Panel Data ◽  
Panel Study ◽  
Kyrgyz Republic ◽  
Global Entrepreneurship Monitor ◽  
Unemployment Rates ◽  
Independent Variables ◽  
Necessity Entrepreneurship ◽  
Dummy Variable ◽  
Dependent Variables ◽  
Global Entrepreneurship

The goal of this research has been to verify the theoretical discussions on the similarities of the Global Entrepreneurship Monitor (GEM) classified opportunity and necessity entrepreneurship across seven regions of Kyrgyz Republic (KR) and its capital, Bishkek city. Individual entrepreneurs with employees (IEWEs) and without employees (IEWOEs) were used as proxy dependent variables for opportunity and necessity entrepreneurship. The independent variables include unemployment rates, poverty rates, microcredit recipients, crime rate and a few others. The study period was from 2002 to 2012. The least squares dummy variable (LSDV) panel data method was employed, using dummies specifically for each region. The findings of this research from a macro perspective did not confirm those similarities. Proxy dependent variables for opportunity and necessity entrepreneurship, IEWEs and IEWOEs, are rarely affected by the same factors.

Do You Need to be Risk-Tolerant to Become an Entrepreneur? The Importance of the Reference Point

2020 ◽  
Vol 0 (0) ◽  
Author(s):  
Lucio Fuentelsaz ◽  
Juan P. Maicas ◽  
Javier Montero
Keyword(s):  
Reference Point ◽  
New Ventures ◽  
Risk Tolerance ◽  
High Educational Level ◽  
Risk And Uncertainty ◽  
Global Entrepreneurship Monitor ◽  
Entrepreneurial Entry ◽  
Global Entrepreneurship ◽  
Set Up ◽  
High Educational

AbstractThe creation of new ventures involves a great deal of risk and uncertainty. However, research has been theoretically divergent and empirically inconclusive about the influence of individuals’ risk tolerance on entrepreneurial entry. In this paper, we argue that this relationship is contingent on the reference point of individuals, taking into account the human capital and the opportunity cost of individuals when they decide to start a venture. This approach allows us to clarify some of the previous mixed results in the literature. We use a sample of almost 600,000 individuals from 90 countries that have participated in the Global Entrepreneurship Monitor project between 2010 and 2014. Our results show that individuals with previous experience as entrepreneurs do not need to be so risk-tolerant to set up their own venture, while individuals with a job and/or a high educational level need to be especially risk-tolerant to become entrepreneurs.

scholarly journals Internationalization of SMEs and Effectuation: The Way Back and Forward

Proceedings ◽  
2018 ◽  
Vol 2 (24) ◽  
pp. 1422 ◽  
Author(s):  
Hamza El Guili ◽  
Driss Ferhane
Keyword(s):  
Decision Making ◽  
Business Growth ◽  
Entrepreneurial Behavior ◽  
Entrepreneurship Research ◽  
Early Stages ◽  
Theoretical Perspectives ◽  
Theoretical Paper ◽  
Similarities And Differences ◽  
The Creation ◽  
To Come

Business growth is considered as one of the main topics of entrepreneurship research. Due to the increased interest on entrepreneurship, new theoretical perspectives have emerged to explain entrepreneurial behavior. One of these emergent theories is effectuation. It is widely known that entrepreneurs and owner-managers count on different decision-making logics during the internationalization of their ventures, including causal and effectual reasoning. Despite that the use of effectual reasoning has been generally linked to the early stages of the creation of a venture; it has recently been introduced to on the internationalization of SMEs research. Introduced by Sarasvathy (2001), effectuation logic is stated to grow in an unstable operating context where it is complicated to predict and in contrast, it is likely to unexpectedly respond to changes in the environment. Furthermore, it represents a typical shift in approaching entrepreneurship. In this theoretical paper, we first aim to highlight the evolution of the concept and the development of the effectuation theory within the literature. Furthermore, we explain the similarities and differences existing between causation and effectuation reasoning. Finally, we use the lens of effectuation to come up with an understanding of the internationalization of SMEs.

La actividad emprendedora en la Región de Murcia. Informe ejecutivo GEM 2017

2021 ◽  
Keyword(s):  
Global Entrepreneurship Monitor ◽  
Global Entrepreneurship

El presente libro trata sobre el comportamiento emprendedor de la población adulta entre 18 y 64 años de la Región de Murcia en el año 2017, tratandose de la duodécima edición del Informe GEM-Región de Murcia, dentro del proyecto internacional GEM (Global Entrepreneurship Monitor) que coordina en España el Centro Internacional Santander de Emprendimiento (Cise), y la Asociación RED GEM España. El trabajo ha sido coordinado por profesores de la Universidad de Murcia. Gem es un proyecto internacional desarrollado por instituciones y universidades de 53 economías en su edición de 2017.

scholarly journals As Dificuldades de Percurso das Mulheres Empreendedoras

2021 ◽  
Vol 12 (3) ◽  
pp. 1-18
Author(s):  
Larissa Lima Bandeira ◽  
Rafael Fernandes de Mesquita ◽  
Maria Kélvia Ferreira de Araújo ◽  
Fátima Regina Ney Matos
Keyword(s):  
Global Entrepreneurship Monitor ◽  
Global Entrepreneurship

O aumento no número de empresas criadas por mulheres vem ganhando destaque nos últimos anos. De acordo com o Global Entrepreneurship Monitor, 50,7% das mulheres concordaram que o medo de fracassar não as impediria de começar um novo negócio. Mas não é só o medo que deve ser enfrentado por elas. Outras dificuldades para a atividade empreendedora são apontadas na literatura, como: barreiras de gênero, conflito família e trabalho, financeiras, de apoio familiar, de gerência de negócio, disponibilidade de tempo e qualificação. Este artigo objetivou analisar as dificuldades enfrentadas pelas mulheres no desenvolvimento empreendedor na cidade de Campo Maior - PI. Optou-se por utilizar uma abordagem qualitativa e de cunho descritivo. As mulheres pesquisadas são jovens com idade entre 22 e 34 anos, com formação concluída ou em cursos de graduação em outras áreas, que não a de gestão, que resolveram empreender pela percepção de oportunidade. A realidade empreendedora das mulheres na cidade se aproxima da caracterização sintetizada a partir da leitura, à exceção da captação de recursos financeiros que não aparentou ser influenciada por barreiras de gênero.

scholarly journals Cross-country differences in drivers of female necessity entrepreneurship

2021 ◽  
Author(s):  
Pau Sendra-Pons ◽  
Sara Belarbi-Muñoz ◽  
Dolores Garzón ◽  
Alicia Mas-Tur
Keyword(s):  
Early Stage ◽  
Qualitative Comparative Analysis ◽  
Entrepreneurial Intentions ◽  
Fear Of Failure ◽  
Entrepreneurial Activity ◽  
Post Secondary Education ◽  
Global Entrepreneurship Monitor ◽  
Post Secondary ◽  
Necessity Entrepreneurship ◽  
Cross Country

AbstractThis paper analyzes the drivers of female necessity entrepreneurship using a sample of 59 countries, with data sourced from the 2018–2019 global entrepreneurship monitor (GEM). It develops a theoretical framework describing how post-secondary education, startup skills, fear of failure, knowing another entrepreneur, entrepreneurial intentions, and hiring expectations act as drivers of female necessity entrepreneurship. Using qualitative comparative analysis, two models are tested to explain the presence and absence of female necessity entrepreneurship. This outcome is measured using the GEM indicator of total early-stage entrepreneurial activity.

scholarly journals Emprendimiento de base tecnológica: un análisis basado en economías innovadoras y eficientes

2020 ◽  
Vol 1 (24) ◽  
pp. 13
Author(s):  
Alex Aucanshala Pilatuña ◽  
Oscar Toainga Curay ◽  
Patricio Carvajal Larenas
Keyword(s):  
Global Entrepreneurship Monitor ◽  
Palabras Clave ◽  
Global Entrepreneurship

El presente trabajo analiza un conjunto de condiciones del entorno que influyen en el desarrollo de Emprendimientos de Base Tecnológica (EBT) en economías basadas en innovación y en economías basadas en eficiencia. Se realiza una revisión de la literatura existente respecto a este fenómeno y se utilizan los datos del Global Entrepreneurship Monitor (GEM). Se lleva a cabo análisis factorial exploratorio con la aplicación del método de Rotación Ortogonal Varimax. El estudio concluye que algunos de los factores identificados resultan influyentes en determinados entornos económicos para la consolidación de los EBT’s, particularmente en las economías innovadoras. Palabras clave: Emprendimiento, base tecnológica, eficientes, innovadoras. URL: http://revistas.uta.edu.ec/erevista/index.php/bcoyu/article/view/883

scholarly journals THE EFFECT OF COGNITIVE AND EMOTIONAL BIASES ON THE CAPITAL STRUCTURE DECISIONS: A LITERATURE REVIEW

2014 ◽  
Vol 8 (2) ◽  
Author(s):  
Tekin Bilgehan ◽  
Gor Yusuf
Keyword(s):  
Decision Making ◽  
Capital Structure ◽  
Behavioral Finance ◽  
Point Of View ◽  
Decision Makers ◽  
Empirical Literature ◽  
Behavioral Characteristics ◽  
Strategic Choices ◽  
Emotional Process ◽  
The Capital Structure

Each decision-making process is an important cognitive and emotional process which is open to the emotional effect. Individuals make a decision about a future uncertainty either to feel good or maximizing gain by minimizing the loss ratio. Recently, researches in finance have criticized that the capital structure decisions and firms’ funding and strategic choices deviate from the traditional neoclassical paradigm. Furthermore there is a nascent empirical literature that has exposed interesting evidence of the effects of managerial behavioral biases. Managers’ decisions, that to create the capital structure, have a vital importance for the company. The behavioral finance (BF) approach may be revealed useful results in the process of solving decision-makers’ behaviors and thoughts. In this context the purpose of this study is to reveal if the managers are affected by their behavioral characteristics in the process of the financing decision-making, based on the findings of studies in the literature. From this point of view behavioral finance literature, which is about the financing and capital structure decisions, is investigated. As a result, theoretical and empirical analyses, which discussed in the literature, show that managers’ biases play an important role in explaining the capital structure choice.

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