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What influences the entrepreneurial intention in Romania? Identification of the main determinants using classification trees

Author

Listed:
  • Denisa Elena Bălă

    (Academy of Economic Studies, Bucharest, Romania)

  • Stelian Stancu

    (Academy of Economic Studies, Bucharest, Romania)

  • IonuÈ› Constantin

    (Faculty of Business and Administration, University of Bucharest, Romania)

  • Paul Marinescu

    (Faculty of Business and Administration, University of Bucharest, Romania)

Abstract

The present study focused on investigating entrepreneurial intention in Romania using a technique specific to the field of data mining, respectively classification trees. The main idea of the study is to identify the probabilities of an individual being classified as a potential entrepreneur, having as a starting point a series of socio-demographic characteristics, but also perceptions, beliefs and opinions on issues related to training, experience and skills. The analysis takes into account some perceptions of the institutional support that authorities can provide to the entrepreneurial ecosystem. After analyzing 1522 responses to a questionnaire, it was concluded on the one hand that most respondents are not attracted to the idea of launching their own businesses, while potential entrepreneurs are characterized by a high confidence in their skills, in turn know individuals who have become entrepreneurs, these evidence being in line with other studies in the field, these aspects characterizing other groups of individuals and other societies. The low importance of the variables that describe age, gender and fear of failure in building the model implies that in Romania these characteristics do not significantly influence the decision of individuals to become entrepreneurs.

Suggested Citation

  • Denisa Elena Bălă & Stelian Stancu & IonuÈ› Constantin & Paul Marinescu, 2020. "What influences the entrepreneurial intention in Romania? Identification of the main determinants using classification trees," Manager Journal, Faculty of Business and Administration, University of Bucharest, vol. 32(1), pages 7-20, December.
    • Handle: RePEc:but:manage:v:32:y:2020:i:1:p:7-20
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    References listed on IDEAS

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    2. Ajzen, Icek, 1991. "The theory of planned behavior," Organizational Behavior and Human Decision Processes, Elsevier, vol. 50(2), pages 179-211, December.
    3. Rachel S. Shinnar & Olivier Giacomin & Frank Janssen, 2012. "Entrepreneurial Perceptions and Intentions: The Role of Gender and Culture," Entrepreneurship Theory and Practice, , vol. 36(3), pages 465-493, May.
    4. Alexander Kritikos, 2014. "Entrepreneurs and their impact on jobs and economic growth," IZA World of Labor, Institute of Labor Economics (IZA), pages 1-8, May.
    5. Candida Brush & Linda F. Edelman & Tatiana Manolova & Friederike Welter, 2019. "A gendered look at entrepreneurship ecosystems," Small Business Economics, Springer, vol. 53(2), pages 393-408, August.
    6. repec:iza:izawol:journl:y:2014:p:8 is not listed on IDEAS
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