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How entrepreneurial characteristics influence company creation: a cross-national study of 22 countriestested with panel data methodology

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  • Agustín Álvarez-Herranz
  • Pilar Valencia-De-Lara
  • María Pilar Martínez-Ruiz

Abstract

This study analyzes, from a multicountry perspective, the influence of the sociodemographic profiles of nascent and new entrepreneurs on their behavior. The panel data-based research approach combines temporal series and cross-sectional data to assess entrepreneurial activities across 22 countries with varying income levels. The results show that entrepreneurs' characteristics influence entrepreneurial behavior significantly and positively, in the following order: previous experience of the founder, age, and education. These findings suggest valid recommendations for stimulating entrepreneurship, both for enterprising business founders and for the institutions responsible for designing economic and regional development policies.

Suggested Citation

  • Agustín Álvarez-Herranz & Pilar Valencia-De-Lara & María Pilar Martínez-Ruiz, 2011. "How entrepreneurial characteristics influence company creation: a cross-national study of 22 countriestested with panel data methodology," Journal of Business Economics and Management, Taylor & Francis Journals, vol. 12(3), pages 529-545, April.
    • Handle: RePEc:taf:jbemgt:v:12:y:2011:i:3:p:529-545
    DOI: 10.3846/16111699.2011.599409
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    Cited by:

    1. Traikova, Diana, 2013. "Determinants of non-farm entrepreneurial intentions in a transitional context: Evidence from rural Bulgaria," Studies on the Agricultural and Food Sector in Transition Economies, Leibniz Institute of Agricultural Development in Transition Economies (IAMO), volume 72, number 72.

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