Politico–Economic Factors Associated with Interest in Starting a Business: A Multi–Country Study

Abstract

In this article, we study the constructs of perceived environmental munificence and carrying capacity as they relate to potential for starting a business in samples taken from thirteen Anglo-Saxon, East Asian, and South Asian countries. Seven politico-economic dimensions represent perceived munificence and carrying capacity: financing available, supportive government regulation, market opportunities, access to support services, supply of skilled labor, connections needed, and competitive conditions. Perceived market opportunities, supply of skilled labor, and supportive government regulation (negatively) relate most consistently to start-up feasibility and desirability in the full sample. In regional subsamples, the only dimensions to associate with both feasibility and desirability are market opportunities in Anglo-Saxon countries and supply of skilled labor in South Asia.

Institutional factors, opportunity entrepreneurship and economic growth: Panel data evidence

“…Some authors show that entrepreneurs may be discouraged from starting a business if they have to follow many rules and procedures (Alvarez and Urbano, 2011;Begley et al, 2005;van Stel et al, 2007). After the studies by Djankov et al (2002) (Alvarez and Urbano, 2011).…”

The entrepreneurial ladder, gender, and regional development

“…We take into account three perceptions of the entrepreneurial environment, that is, the perception of financial, administrative, and informational barriers to starting a business. There is some evidence that perceived barriers to entrepreneurship have different effects at different stages of the entrepreneurial process (Kouriloff 2000;Begley et al 2005; Van der Zwan et al 2011).…”

“…The entrepreneurial environment and its perception are important in different stages of the entrepreneurial process by facilitating or hindering (potential) female and male entrepreneurs (Kouriloff 2000;Begley et al 2005;Koellinger et al 2007). In this paper our objective is to create a better understanding of the importance of the environment in explaining the backward position of women regarding their involvement at different stages of the entrepreneurial process.…”

Evasive Entrepreneurship and Institutional Change

“…As for competition policies, excessive rules and procedures risk discouraging potential entrepreneurs (Dana 1990;Gnyawali and Fogel 1994;Djankov et al 2002;Begley et al 2005) and hamper the process of creative destruction (La Porta et al 1997Caballero and Hammour 2000;Desai et al 2003). Evasive entrepreneurship that offers a way around such competition regulations may lead to an outward shift in the PPF.…”

“…Many academic studies identify excessive regulation as an important barrier to new entry (Begley et al 2005;Dana 1990;Djankov et al 2002). An article from the New York Times (2014) observes that, until recently, startups generally avoided heavily regulated areas -such as industries involving transporting people and renting rooms -because not even well-funded startups had the requisite funds, time or patience to wrestle approval from bureaucrats.…”