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Exploring Entrepreneurs’ Motivation: Comparison of Croatia, European Post-socialist and Developed Countries

Author

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  • Djula Borozan

    (Djula Borozan is Professor of Macroeconomics at the Faculty of Economics, University of J.J. Strossmayer, Osijek, Croatia. E-mail: pfeifer@efos.hr)

  • Sanja Pfeifer

    (Sanja Pfeifer is Professor of Management at the Faculty of Economics, University of J.J. Strossmayer, Osijek, Croatia. E-mail: borozan@efos.hr)

Abstract

This article explores the entrepreneurial profiles of Croatian entrepreneurs and compares them with the profiles of entrepreneurs of post-socialist and developed European countries. Specifically, logistic regression analysis was used to find the best descriptors of the opportunity and necessity-driven entrepreneurs in Croatia, post-socialist and developed European countries. Results indicate that chances for engaging in opportunity-driven entrepreneurship in Croatia are increasing for men and those who perceive their income level and competencies for running a business as high. The likelihood of engagement in opportunity-driven entrepreneurial activity in the post-socialist context has been related to the age rather than gender and innovations in the product/market matrix or higher export expectations. The developed countries’ datasets reveal that opportunity-driven entrepreneurs have been related to higher expectations of growth through new job openings.

Suggested Citation

  • Djula Borozan & Sanja Pfeifer, 2014. "Exploring Entrepreneurs’ Motivation: Comparison of Croatia, European Post-socialist and Developed Countries," Journal of Entrepreneurship and Innovation in Emerging Economies, Entrepreneurship Development Institute of India, vol. 23(2), pages 263-287, September.
    • Handle: RePEc:sae:jouent:v:23:y:2014:i:2:p:263-287
    DOI: 10.1177/0971355714535305
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    References listed on IDEAS

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    Cited by:

    1. Jan Selmer & Yvonne McNulty & Jakob Lauring & Charles Vance, 2018. "Who is an expat-preneur? Toward a better understanding of a key talent sector supporting international entrepreneurship," Journal of International Entrepreneurship, Springer, vol. 16(2), pages 134-149, June.
    2. Monika Mühlböck & Julia-Rita Warmuth & Marian Holienka & Bernhard Kittel, 2018. "Desperate entrepreneurs: no opportunities, no skills," International Entrepreneurship and Management Journal, Springer, vol. 14(4), pages 975-997, December.

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