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Institutional and economic determinants of the perception of opportunities and entrepreneurial intention

Author

Listed:
  • Vidal-Suñé, Antoni

    () (Universitat Rovira I Virgili)

  • López-Panisello, María-Belén

    () (Universitat Rovira I Virgili)

Abstract

This paper aims to identify the institutional and economic factors that influence the perception of business opportunities, and the latter’s influence on entrepreneurial intention. We use an institutional approach for the Spanish Autonomous Regions for the period 2004-2010, based on the data available in the regional GEM reports, supplemented by data from the INE (Instituto Nacional de Estadística - Spanish National Institute of Statistics). By applying a structural equation model, we observed that the perception of abilities (self-efficacy) positively and significantly affects both the perception of opportunities and entrepreneurial intention, and that the perception of opportunities affects entrepreneurial intention.

Suggested Citation

  • Vidal-Suñé, Antoni & López-Panisello, María-Belén, 2013. "Institutional and economic determinants of the perception of opportunities and entrepreneurial intention," INVESTIGACIONES REGIONALES - Journal of REGIONAL RESEARCH, Asociación Española de Ciencia Regional, issue 26, pages 75-96.
  • Handle: RePEc:ris:invreg:0231
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    References listed on IDEAS

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    1. Ardichvili, Alexander & Cardozo, Richard & Ray, Sourav, 2003. "A theory of entrepreneurial opportunity identification and development," Journal of Business Venturing, Elsevier, vol. 18(1), pages 105-123, January.
    2. Keuschnigg, Christian & Nielsen, Soren Bo, 2004. "Start-ups, venture capitalists, and the capital gains tax," Journal of Public Economics, Elsevier, vol. 88(5), pages 1011-1042, April.
    3. Lorraine Uhlaner & Roy Thurik, 2007. "Postmaterialism influencing total entrepreneurial activity across nations," Journal of Evolutionary Economics, Springer, vol. 17(2), pages 161-185, April.
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    5. Pontus Braunerhjelm & Ding Ding & Per Thulin, 2018. "The knowledge spillover theory of intrapreneurship," Small Business Economics, Springer, vol. 51(1), pages 1-30, June.
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    12. Isabel Grilo & Jesus-Maria Irigoyen, 2006. "Entrepreneurship in the EU: To Wish and not to be," Small Business Economics, Springer, vol. 26(4), pages 305-318, May.
    13. KruegerJR, Norris F. & Reilly, Michael D. & Carsrud, Alan L., 2000. "Competing models of entrepreneurial intentions," Journal of Business Venturing, Elsevier, vol. 15(5-6), pages 411-432.
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    Cited by:

    1. Hatmanu (Gagea) Mariana & Iacobuțã Andreea-Oana, 2014. "Determinants Of Entrepreneurial Activity In Times Of Crisis: An Empirical Study," Annals of Faculty of Economics, University of Oradea, Faculty of Economics, vol. 1(1), pages 320-330, July.
    2. repec:ora:journl:v:1:y:2016:i:1:p:494-502 is not listed on IDEAS
    3. repec:gam:jsusta:v:9:y:2017:i:10:p:1679-:d:112627 is not listed on IDEAS

    More about this item

    Keywords

    entrepreneurship; business creation;

    JEL classification:

    • L26 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Entrepreneurship

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