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Testing Entrepreneurial Intention Determinants in Post-Transition Economies

Author

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  • Ana Iolanda Vodă

    (Social Sciences and Humanities Research Department, Institute for Interdisciplinary Research, Alexandru Ioan Cuza University of Iași, Lascăr Catargi Street 54, 700107 Iași, Romania)

  • Alina-Petronela Haller

    (Gheorghe Zane Institute for Economic and Social Research, Iași Branch of Romanian Academy, Codrescu 2, 700488 Iași, Romania)

  • Alexandru Anichiti

    (Department of Business Administration, Ștefan cel Mare University of Suceava, 13 University Street, 720229 Suceava, Romania)

  • Gina Ionela Butnaru

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

Abstract

The paper aims to analyze the entrepreneurial intention determinants in nine post-transition economies of European member states. To achieve our stated goal, the study focused on the influence of fear of failure and networking on individuals’ inclination towards entrepreneurship. Additionally, gender, income, education, and work status were also considered control variables. The data were collected using the Global Entrepreneurship Monitor (GEM) database. We included responses collected from nine former transition economies, giving us a total of 13,494 observations, for 2015. Logistic regression models were employed to measure the influence of perceptions on the propenisty of individuals to create a new venture. The results indicated that fear of failure is significantly and negatively correlated with entrepreneurial intentions for all groups of countries. The results also indicated that people who have entrepreneurs in the family have a higher propensity for entrepreneurial intentions than people who do not have family members with such a status.

Suggested Citation

  • Ana Iolanda Vodă & Alina-Petronela Haller & Alexandru Anichiti & Gina Ionela Butnaru, 2020. "Testing Entrepreneurial Intention Determinants in Post-Transition Economies," Sustainability, MDPI, vol. 12(24), pages 1-26, December.
    • Handle: RePEc:gam:jsusta:v:12:y:2020:i:24:p:10370-:d:460567
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