Drivers of entrepreneurial aspirations at the country level: the role of start-up motivations and social security

By J. Hessels, M. van Gelderen, Roy Thurik. 2007

143 citations recorded by the source corpus.

This paper investigates whether various start-up motivations and a country’s level of social security can explain the prevalence of entrepreneurial aspirations. For entrepreneurial aspirations and motivations we use country-level data from the Global Entrepreneurship Monitor (GEM) for the year 2005. We distinguish between the necessity motive, independence motive and increase wealth motive and between aspirations in terms of innovativeness, job growth and export orientation. Our findings indicate that social security negatively affects a country’s supply of ambitious entrepreneurship. Our results also suggest that entrepreneurial aspirations in terms of job growth and export relate positively to the increase wealth motive.

Subfields: Economics and Econometrics, Management of Technology and Innovation, Organizational Behavior and Human Resource Management

View Paper: https://www.semanticscholar.org/paper/801739c6d75372500aa7870b20058fd811c31e6e

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In Economics and Econometrics

In Management of Technology and Innovation

In Organizational Behavior and Human Resource Management

Citations in the corpus

International Entrepreneurship research (1989–2009): A domain ontology and thematic analysis (2011, background): “…social security systems (e.g. high levels of mandatory employer and employee contributions) negatively affect a nation's level of entrepreneurial aspirations (Hessels et al., 2008a) and the prevalence of innovative, highjob-growth, and export-oriented entrepreneurship (Hessels et al., 2008b).”
Exploring country-level institutional arrangements on the rate and type of entrepreneurial activity (2013, unknown): “An extensive literature documents the influence of factors such as government regulations, availability of necessary resources, and public policies to enable, enhance or foster entrepreneurship at both the individual and the national level (Eckhardt and Ciuchta, 2008; Hessels et al., 2008; Lee et al”
Institutions, entrepreneurship, and economic growth in Europe (2018, background): “…TEA Levie and Autio (2011) Opportunity TEA Ho and Wong (2007) Labor market regulations TEA Van Stel et al. (2007) Social security Ambitious TEA Hessels et al. (2008) Rigid working time regulation Opportunity TEA Stephen et al. (2009) Financial stability (Opportunity) TEA Bjørnskov and Foss…”
Formal Institutions and Opportunity Entrepreneurship. The Contingent Role of Informal Institutions (2019, background): “Alvarez and Busenitz (2001) understand opportunity as a central element of quality entrepreneurship and the initiatives that derive from it arise as a result of the desire for income, wealth and achievement (Hessels et al., 2008; Shane et al., 1991; McClelland, 1961).”