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Factors Influencing Entrepreneurial Process and Firm Start-Ups: Evidence from Central Greece

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  • Spyros Vliamos

    ()

  • Nickolaos Tzeremes

    ()

Abstract

Over the last two decades, technological changes have reformed business environment and made entrepreneurial activity as the main channel behind knowledge spillovers and knowledge creation. Therefore, the factors affecting entrepreneurial activity will indirectly affect knowledge transmission. This paper examines those factors influencing the entrepreneurial process by analyzing the results of 164 questionnaires distributed in the region of Thessaly (central Greece). In addition, by using nonparametric techniques, this paper establishes three different factors that appear to have dominant influence on the entrepreneurial process. The first factor is related to entrepreneurial skills, education, and previous experience, whereas the second factor is related to issues regarded desire of independence and locus of control. Finally, the third factor, which influences the entrepreneurial activity, is related to the access of capital, to social aspects, and to regions' institutional environment. Copyright Springer Science + Business Media, LLC 2012

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Bibliographic Info

Article provided by Springer in its journal Journal of the Knowledge Economy.

Volume (Year): 3 (2012)
Issue (Month): 3 (September)
Pages: 250-264

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Handle: RePEc:spr:jknowl:v:3:y:2012:i:3:p:250-264

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Web page: http://www.springer.com/economics/journal/13132

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Related research

Keywords: Entrepreneurship; Business formation; Entrepreneurial process; Nonparametric analysis;

References

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  1. Kirchhoff, Bruce A. & Phillips, Bruce D., 1988. "The effect of firm formation and growth on job creation in the United States," Journal of Business Venturing, Elsevier, vol. 3(4), pages 261-272.
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Cited by:
  1. Halkos, George, 2011. "Environment and economic development: determinants of an EKC hypothesis," MPRA Paper 33262, University Library of Munich, Germany.

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