Does Competitive Business Environment Affect Entrepreneurial Activities? A Multi-Country Longitudinal Data Analysis

Starting from a worldwide consensus about the importance of entrepreneurship to create an inclusive business life and new job opportunities, studies have immensely attempted to clarify the environmental factors affecting entrepreneurial activities. On the other hand, policymakers have been enforcing...

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Main Author: Özge Demiral
Format: Article
Language:English
Published: Beta Publishing 2016-04-01
Series:Yönetim ve Organizasyon Araştırmaları Dergisi
Subjects:
Online Access:http://betadergi.com/yoad/yonetim/icerik/makaleler/6-published.pdf
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author Özge Demiral
author_facet Özge Demiral
author_sort Özge Demiral
collection DOAJ
description Starting from a worldwide consensus about the importance of entrepreneurship to create an inclusive business life and new job opportunities, studies have immensely attempted to clarify the environmental factors affecting entrepreneurial activities. On the other hand, policymakers have been enforcing policies to foster business competitiveness through institutional quality, advanced infrastructure, macroeconomic stability, better health and education systems, good governance, etc. at national level. Empirical studies in the related literature seem to have restricted to the determinants of either competitiveness or entrepreneurship separately, ignoring the interactions and synergies between them. Moreover, the evidence from a limited number of studies underlines the ambiguous relationship and addresses to the necessity of the consideration of industrial structures in countries while examining the nexus. Based on the Global Entrepreneurship Monitor’s Adult Population Survey and the World Economic Forum’s Executive Opinion Survey pools over the period of 2006- 2014, this empirical paper purposes to identify the relationships between competitiveness indicators and early-stage entrepreneurial activities using a longitudinal dataset of 28 countries that we also distinguish between innovation-driven and efficiency-driven economies. Findings from fixed-effect linear regression analysis reveal that competitiveness does not necessarily encourage the entrepreneurial activities in all countries and development stages of countries matter for their entrepreneurship-oriented business environments. Furthermore, the qualities of infrastructure and institutions have negative impacts in innovation-driven and efficiency-driven countries, respectively. Overall results indicate that entrepreneurial activities, in general, have country-specific and multidimensional characteristics and motivations. Therefore, countries, regardless in which development levels they are, need integrated policies harmonizing competitiveness and entrepreneurship priorities.
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spelling doaj.art-ce60624321a846a493ece844938320612023-02-15T16:14:57ZengBeta PublishingYönetim ve Organizasyon Araştırmaları Dergisi2149-26462667-83652016-04-01114778Does Competitive Business Environment Affect Entrepreneurial Activities? A Multi-Country Longitudinal Data AnalysisÖzge Demiral0Nigde UniversityStarting from a worldwide consensus about the importance of entrepreneurship to create an inclusive business life and new job opportunities, studies have immensely attempted to clarify the environmental factors affecting entrepreneurial activities. On the other hand, policymakers have been enforcing policies to foster business competitiveness through institutional quality, advanced infrastructure, macroeconomic stability, better health and education systems, good governance, etc. at national level. Empirical studies in the related literature seem to have restricted to the determinants of either competitiveness or entrepreneurship separately, ignoring the interactions and synergies between them. Moreover, the evidence from a limited number of studies underlines the ambiguous relationship and addresses to the necessity of the consideration of industrial structures in countries while examining the nexus. Based on the Global Entrepreneurship Monitor’s Adult Population Survey and the World Economic Forum’s Executive Opinion Survey pools over the period of 2006- 2014, this empirical paper purposes to identify the relationships between competitiveness indicators and early-stage entrepreneurial activities using a longitudinal dataset of 28 countries that we also distinguish between innovation-driven and efficiency-driven economies. Findings from fixed-effect linear regression analysis reveal that competitiveness does not necessarily encourage the entrepreneurial activities in all countries and development stages of countries matter for their entrepreneurship-oriented business environments. Furthermore, the qualities of infrastructure and institutions have negative impacts in innovation-driven and efficiency-driven countries, respectively. Overall results indicate that entrepreneurial activities, in general, have country-specific and multidimensional characteristics and motivations. Therefore, countries, regardless in which development levels they are, need integrated policies harmonizing competitiveness and entrepreneurship priorities.http://betadergi.com/yoad/yonetim/icerik/makaleler/6-published.pdfbusiness environmentcompetitivenessporter’s diamond modelentrepreneurial activitiesenvironmental conditions
spellingShingle Özge Demiral
Does Competitive Business Environment Affect Entrepreneurial Activities? A Multi-Country Longitudinal Data Analysis
Yönetim ve Organizasyon Araştırmaları Dergisi
business environment
competitiveness
porter’s diamond model
entrepreneurial activities
environmental conditions
title Does Competitive Business Environment Affect Entrepreneurial Activities? A Multi-Country Longitudinal Data Analysis
title_full Does Competitive Business Environment Affect Entrepreneurial Activities? A Multi-Country Longitudinal Data Analysis
title_fullStr Does Competitive Business Environment Affect Entrepreneurial Activities? A Multi-Country Longitudinal Data Analysis
title_full_unstemmed Does Competitive Business Environment Affect Entrepreneurial Activities? A Multi-Country Longitudinal Data Analysis
title_short Does Competitive Business Environment Affect Entrepreneurial Activities? A Multi-Country Longitudinal Data Analysis
title_sort does competitive business environment affect entrepreneurial activities a multi country longitudinal data analysis
topic business environment
competitiveness
porter’s diamond model
entrepreneurial activities
environmental conditions
url http://betadergi.com/yoad/yonetim/icerik/makaleler/6-published.pdf
work_keys_str_mv AT ozgedemiral doescompetitivebusinessenvironmentaffectentrepreneurialactivitiesamulticountrylongitudinaldataanalysis