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Country’s Development as a Determinant of Early-Stage Entrepreneurial Activity

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Marič M., Žnidaršič J., Uhan M., Dimovski V., Ferjan M., Djurica M., Jeraj M., Janežič M.

Organizacija

2013

vol. 46

issue 3

75-86

Our study is built on the dependence of early-stage entrepreneurial activity on GDP per capita, GDP real growth rate, unemployment rate, inflation rate, investments and public debt of different countries. We divide the early-stage entrepreneurial activity into necessity-driven and improvement-driven opportunistic entrepreneurial activity. To establish the dependencies we have conducted the regression analyses. Our three main findings are: (a) early-stage entrepreneurial activity does depend on our predictors; (b) necessity-driven entrepreneurial activity is negatively correlated to country’s development; and (c) improvement-driven opportunistic entrepreneurial activity is positively correlated to country’s development.

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1 Organizacija

1 Dimovski V.

1 Djurica M.

1 Ferjan M.

1 Janežič M.

1 Jeraj M.

1 Marič M.

1 Uhan M.

1 Žnidaršič J.

1 2013

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Country’s Development as a Determinant of Early-Stage Entrepreneurial Activity