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Enablers of Entrepreneurial Activity across the European Union—An Analysis Using GEM Individual Data

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  • Ana Iolanda Vodă

    (Social Sciences and Humanities Research Department, Institute for Interdisciplinary Research, Alexandru Ioan Cuza University of Iasi, Lascăr Catargi Street, no. 54, 700107 Iaşi, Romania)

  • Gina Ionela Butnaru

    (Department of Management, Marketing and Business Administration, Alexandru Ioan Cuza University of Iaşi, Bulevardul Carol I 11, 700506 Iasi, Romania)

  • Rodica Cristina Butnaru

    (Strategy Social and Environmental Responsibility Department, School of Management Sciences, University of Quebec at Montreal, PO Box 8888, Downtown Branch Montreal, QC H3C 3P8, Canada)

Abstract

The objective of this study involves identifying the influence of different perceptual attributes on the likelihood of engaging in early-stage entrepreneurial activities (TEA). The study correspondingly applies individual data based on the statistics gathered from Global Entrepreneurship Monitor (GEM) Adult Population Survey database for 18 European Countries in 2007 and 2014. We performed several logistic regression analyses in order to test the influence of some entrepreneurial attributes on the propensity to engage in TEA. We identified four perceptual determinants: Capability to identify opportunity; having the skills, knowledge and experience to start up a business; fear of failure; and knowing other entrepreneurs. We tested their effect along with some control variables and interaction effects. The results confirm the importance of these factors in explaining entrepreneurial activities across different economies.

Suggested Citation

  • Ana Iolanda Vodă & Gina Ionela Butnaru & Rodica Cristina Butnaru, 2020. "Enablers of Entrepreneurial Activity across the European Union—An Analysis Using GEM Individual Data," Sustainability, MDPI, vol. 12(3), pages 1-28, January.
    • Handle: RePEc:gam:jsusta:v:12:y:2020:i:3:p:1022-:d:314936
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    References listed on IDEAS

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    2. José Alberto Martínez-González & Carmen Dolores Álvarez-Albelo & Javier Mendoza-Jiménez & Urszula Kobylinska, 2022. "Predicting the Entrepreneurial Behaviour of Starting Up a New Company: A Regional Study Using PLS-SEM and Data from the Global Entrepreneurship Monitor," Mathematics, MDPI, vol. 10(5), pages 1-25, February.
    3. Gutberlet, Melissa & Preuss, Lutz & Thorpe, Andrea Stevenson, 2023. "Macro level matters: Advancing circular economy in different business systems within Europe," Ecological Economics, Elsevier, vol. 211(C).
    4. Syed Abid Hussain & Mohd Shamim & Zubair Ahmad Sofi & Mohd Yasir Arafat & Aamir Hassan, 2022. "Drivers of venture creation in agricultural sector: a GEM data-based study," Journal of Global Entrepreneurship Research, Springer;UNESCO Chair in Entrepreneurship, vol. 12(1), pages 371-384, December.
    5. Carmen Păunescu & Elisabeta Molnar, 2020. "Country’s Entrepreneurial Environment Predictors for Starting a New Venture—Evidence for Romania," Sustainability, MDPI, vol. 12(18), pages 1-18, September.
    6. Ana Iolanda Vodă & Cristina Cautisanu & Camelia Grădinaru & Chris Tănăsescu & Gustavo Herminio Salati Marcondes de Moraes, 2022. "Exploring Digital Literacy Skills in Social Sciences and Humanities Students," Sustainability, MDPI, vol. 14(5), pages 1-31, February.

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