Entrepreneurial aspirations, motivations, and their drivers

By J. Hessels, M. van Gelderen, Roy Thurik. 2008

694 citations recorded by the source corpus.

Several drivers of entrepreneurial aspirations and entrepreneurial motivations are investigated using country-level data from the Global Entrepreneurship Monitor (GEM) for the years 2005 and 2006. We estimate a two-equation model explaining aspirations using motivations and socioeconomic variables, and explaining motivations using socioeconomic variables. We find that countries with a higher incidence of increase-wealth-motivated entrepreneurs tend to have a higher prevalence of high-job-growth and export-oriented entrepreneurship and that a country’s level of social security relates negatively to the prevalence of innovative, high-job-growth, and export-oriented entrepreneurship. We also find that the increase-wealth motive mediates the relationship between socioeconomic variables and entrepreneurial aspirations.

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

View Paper: https://www.semanticscholar.org/paper/89df9fa49715e71e425d374ec08ac6b81a464d38

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Citations in the corpus

Entrepreneurship and the Business Cycle (2012, background): “Highpotential entrepreneurs react more to the presence of good business opportunities than to a lack of employment alternatives (Bowen & de Clercq, 2008; Hessels et al., 2008).”
The Global Entrepreneurship Monitor (Gem) and Its Impact on Entrepreneurship Research (2013, background): “At the national level, correlations between several types of ambitious entrepreneurship appear to be higher (Hessels et al. 2008), which may support a call for appreciating regional-level determinants of ambitious entrepreneurial activity.”
Cross‐Country Determinants of Early‐Stage Necessity and Opportunity‐Motivated Entrepreneurship: Accounting for Model Uncertainty (2018, neutral): “Previous studies suggest that OME is associated with high-growth aspirations, export generation, and new product development (Hessels, Gelderen, and Thurik 2008).”
Capital is not enough: opportunity entrepreneurship and formal institutions (2018, positive): “Therefore, the focus of our paper is on OME because of its potential for economic growth and new job creation via high growth businesses creation that is relevant for public policy (Acs 2006; Autio and Acs 2010; Hessels et al. 2008; Minniti and Lévesque 2010; Estrin et al. 2013).”
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).”
Entrepreneur motivations and life course (2013, background): “Research has related motivation for business start-up to psychological (Shaver and Scott, 1991), socio-psychological (Hessels et al., 2008), cognitive value and economic theories (Block and Koellinger, 2009; Kurtoko et al.”
Factors influencing the entrepreneurial engagement of opportunity and necessity entrepreneurs (2016, background): “For example, entrepreneurs who start a business because they want to earn more money than in wage-employment, can be expected to behave differently than individuals who create a new venture to be better able to combine work and household responsibilities (Hessels et al., 2008).”