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2014 | 2 | nr 1 Global Entrepreneurship from the European Perspective | 37--48
Tytuł artykułu

The Influence of Firm Characteristics and Export Performance in Central and Eastern Europe : Comparisons of Visegrad, Baltic and Caucasus States

Treść / Zawartość
Warianty tytułu
Języki publikacji
EN
Abstrakty
EN
Objective: The main goal of our paper is to analyse business restarts in Visegrad countries on an individual level and to identify key drivers of restart activity from among perceptual variables.

Research Design & Methods: The analysis is based on Global Entrepreneurship Monitor data. We employ descriptive statistics to analyse the quantitative aspect of business restart and regression modelling to identify its drivers.

Findings: Our findings proved that business discontinuation and consequent restart are both integral parts of entrepreneurship in V4 countries. Entrepreneurial selfefficacy and fear of failure, together with gender and age, proved to have a significant relationship with individual restart activity.

Implications & Recommendations: The individual perceptual variables as components of entrepreneurial potential, as well as the issue of inclusiveness, proved to play an important role in business restart.

Contribution & Value Added: Our study is the first comprehensive analysis of the under-researched topic of business restart in the V4 region. In addition to highlighting its importance as an integral part of entrepreneurial dynamics in V4 countries, it also identifies individual-level drivers of this specific type of entrepreneurial activity. (original abstract)
Twórcy
  • Comenius University in Bratislava, Slovakia
  • Comenius University in Bratislava, Slovakia
autor
  • Comenius Constantine the Philosopher University in Nitra, Slovakia
Bibliografia
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  • Bosma, N. (2013). The Global Entrepreneurship Monitor (GEM) and its impact on entrepreneurship research. Foundations and Trends in Entrepreneurship, 9(2), 143-248.
  • Bygrave, B. (1989). The entrepreneurship paradigm (II): chaos and catastrophes among quantum jumps?. Entrepreneurship Theory and Practice, 14(2), 7-30.
  • Caliendo, M., Fossen, F. M., & Kritikos, A. S. (2009). Risk attitudes of nascent entrepreneurs - new evidence from an experimentally validated survey. Small Business Economics, 32(2), 153-167.
  • Cardon, M.S., Zietsma, Ch., Saparito, P., Matherne,B. P., & Davis, C. (2005). A tale of passion: new insights into entrepreneurship from a parenthood metaphor. Journal of Business Venturing, 20(1), 23-45.
  • DeTienne, D. R. (2010). Entrepreneurial exit as a critical component of the entrepreneurial process: theoretical development. Journal of Business Venturing, 25(2), 203-215.
  • Hessels, J., Grilo, I., Thurik, R., & Van der Zwan,P. (2011). Entrepreneurial exit and entrepreneurial engagement. Journal of Evolutionary Economy, 21(3), 447-471.
  • Holienka, M., Mrva, M., & Marcin, P. (2013). Role of family entrepreneurial role models in determining students' preferences towards entrepreneurship. In L. Gomez Chova (Ed.), ICERI2013 Proceedings (pp. 3722-3730). IATED.
  • Kirzner, I. M. (1979). Perception, Opportunity and Profit. Chicago, IL: University of Chicago Press. Koellinger, P., Minniti, M., & Schade, Ch. (2007). "I think I can, I think I can": Overconfidence and Entrepreneurial Behavior. Journal of Economic Psychology, 28(8), 502-527.
  • Langowitz, N., & Minniti, M. (2007). The entrepreneurial propensity of women. Entrepreneurship Theory and Practice, 31(3), 341-364.
  • Lévesque, M., & Minniti, M. (2006). The effect of aging on entrepreneurial behavior. Journal of Business Venturing, 21(2), 177-194.
  • Lonsburry, M., & Glynn, M. A. (2001). Cultural entrepreneurship: stories, legitimacy, and the acquisition of resources. Strategic Management Journal, 22(6-7), 545-564.
  • Lukes, M., Zouhar, J., Jakl, M., & Ocko, P. (2013).Faktory ovlivnujici vstup do podnikani: Zacinajici podnikatele v Ceske republice. Politická ekonomie, 61(2), 229-247.
  • North, D. C. (1990). Institutions, Institutional Change and Economic Performance. Cambridge: Cambridge University Press.
  • Pilkova, A., Kovacicova, Z., Holienka, M., & Rehak, J. (2012). Podnikanie na Slovensku: vysoka aktivita, nizke rozvojove aspiracie. Bratislava: Comenius University in Bratislava.
  • Pilkova, A., Holienka, M., & Munk, M. (2013a). Key business restart drivers in Slovakia. Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis, 61(7), 2617-2622.
  • Pilkova, A., Holienka, M., Kovacicova, Z., Rehak, J., & Pesout, I. (2013b). Podnikanie na Slovensku: nadpriemerna podnikatelska aktivita v podpriemernompodnikatelskom prostredi. Bratislava: Comenius University in Bratislava.
  • Reynolds, P. (1992). New firm gestation: conception, birth and implications for research. Journal of Business Venturing, 7(5), 405-417.
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  • Stam, E., Audretsch, D., & Meijaard, J. (2008). Renascent entrepreneurship. Journal of Evolutionary Economy, 18(3-4), 493-507.
  • Wagner, J. (2002). Taking a Second Chance: Entrepreneurial Restarters in Germany. IZA Discussion Paper No. 417. Bonn: Institute for the Study of Labor.
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  • Wennberg, K., Wiklund, J., DeTienne, D. R., & Cardon, M. S. (2010). Reconceptualizing entrepreneurial exit: divergent exit routes and their drivers. Journal of Business Venturing, 25(4), 361-375.
  • Wong, P. K., & Lee, L. (2005). Antecedents for entrepreneurial propensity in Singapore. NUS Entrepreneurship Centre working papers No. WP2005-12. Singapore: National University of Singapore.
Typ dokumentu
Bibliografia
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