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Entrepreneurship: Unveiling World Patterns

Flávio Gomes Borges Tiago, João Pedro de Almeida Couto, Maria Teresa Pinheiro Melo Borges Tiago, Sandra Micaela Costa Dias Faria

Abstract: As entrepreneurship research has matured, the enablers and inhibitors of entrepreneurship intention have been widespread. However, the implementation of innovative ideas, or development of new ventures, encompasses more than intention; it requires action. Although there are numerous studies on entrepreneurship research, few researchers have revealed the factors that can push an entrepreneur to propose a new idea or project. Thus, we enunciate what is known about entrepreneurship intention, and highlight some important issues that can help both entrepreneurs and policy makers developing a broader understanding of why some countries tend to present more entrepreneurship evidences than others. This work uses the existing theories and tests the relationships between the fundamental variables, unveiling some changes occurred in the past years. The main variables’ direct relationships have been tested using a probit model, applied to a sample of 10,267 entrepreneurs from 27 countries. The paper’s findings provide a perspective on our understanding of entrepreneurship beyond entrepreneurial intention that differs from past research. Therefore, the paper provides insights into the decisive factors of new venture creation, or even career orientation.

Additional Info

  • Author(s) Name: Flávio Gomes Borges Tiago[1], João Pedro de Almeida Couto, Maria Teresa Pinheiro Melo Borges Tiago, Sandra Micaela Costa Dias Faria
  • Author(s) Affiliation: 1Business and Economics Department, University of the Azores, Rua da Mae de Deus, 9501-801 Ponta Delgada, Portugal
  • Corresponding author: This email address is being protected from spambots. You need JavaScript enabled to view it.
  • Keywords: entrepreneurial action, entrepreneurship intention, cross-country, business formation
  • Article Type: Research
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