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Entrepreneurship performance in the EU: To what extent do economic, social, and government conditions matter?
Journal of International Entrepreneurship Pub Date : 2024-01-05 , DOI: 10.1007/s10843-023-00342-5
Ana Rita Canelas Luz , Paulo Bento , Marco Antonio Catussi Paschoalotto , Renato Pereira

Entrepreneurship is widely recognized as a key driver of economic development. At the same time, entrepreneurship is also affected by the economic conditions of the regions where it evolves. In the literature, negative impacts on entrepreneurial performance have been linked to the 2008 financial crisis in the European Union (EU). However, not enough evidence has been provided to support this assertion. To fill this gap, we tested the relationship between economic, social, and government conditions and entrepreneurial performance. We did this for opportunity entrepreneurship (OPP), necessity entrepreneurship (NEC), and total entrepreneurial activity (TEA), for the period 2003–2018, which covers before, during, and after the financial crisis. We considered 21 EU countries and applied descriptive, correlation, and multiple linear regression analyses. Our results demonstrate that (a) there is a positive and significant correlation between NEC and OPP, GDP per capita and OPP, unemployment and TEA, gender ratio and age, gender ratio and education, education and TEA, population and NEC, government indicators and GDP per capita, and government expenditure and NEC, and a negative and significant correlation between GDP per capita and TEA and (b) economic and government conditions had a negative impact on TEA, in contrast to a positive and negative impact on NEC. Social conditions are mixed for TEA and NEC and positive for OPP. The effects on economic conditions were mixed for OPP. Therefore, our study impacts practitioners by demonstrating the factors that do or do not impact entrepreneurial activity in the EU. Additionally, our study expands upon previously analyzed factors that influence entrepreneurial performance, promoting value and originality in the area.



中文翻译:

欧盟的创业绩效:经济、社会和政府条件在多大程度上重要?

创业精神被广泛认为是经济发展的关键驱动力。同时,创业精神也受到其发展地区经济状况的影响。在文献中,对创业绩效的负面影响与 2008 年欧盟 (EU) 金融危机有关。然而,没有提供足够的证据来支持这一说法。为了填补这一空白,我们测试了经济、社会和政府状况与创业绩效之间的关系。我们对 2003 年至 2018 年期间的机会创业 (OPP)、必需创业 (NEC) 和总体创业活动 (TEA) 进行了此研究,涵盖金融危机之前、期间和之后。我们考虑了 21 个欧盟国家,并应用了描述性分析、相关性分析和多元线性回归分析。我们的研究结果表明,(a) NEC 与 OPP、人均 GDP 与 OPP、失业率与 TEA、性别比例与年龄、性别比例与教育、教育与 TEA、人口与 NEC、政府指标和人均 GDP、政府支出和 NEC,以及人均 GDP 和 TEA 以及 (b) 经济和政府条件之间的显着负相关关系对 TEA 产生负面影响,而对 NEC 则产生正向和负向影响。TEA 和 NEC 的社会状况好坏参半,而 OPP 的社会状况则乐观。OPP 对经济状况的影响好坏参半。因此,我们的研究通过展示影响或不影响欧盟创业活动的因素来影响从业者。此外,我们的研究扩展了之前分析的影响创业绩效、提升该领域价值和原创性的因素。

更新日期:2024-01-05
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