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dc.creatorAlvarez C.spa
dc.creatorUrbano D.spa
dc.date.accessioned2015-10-09T13:16:46Z
dc.date.available2015-10-09T13:16:46Z
dc.date.created2012
dc.identifier.issn13159984
dc.identifier.urihttp://hdl.handle.net/11407/1331
dc.description.abstractGiven the relevant role that entrepreneurship plays in the economic and social development of countries and regions, further progress regarding its determinants is needed. The aim of this study is to analyze the influence that environmental factors have on creating new firms, using institutional economics as a theoretical framework. A panel data model with information from the Global Entrepreneurship Monitor (GEM) is used to prove statistically that institutions like political stability and role models are related to creating enterprises. The main findings indicate that in medium and low income countries, informal factors (political stability and role models) have a greater impact on entrepreneurship, while in high income countries, the formal factors (procedures for starting businesses and training in management and administration) are more determinant. These findings also have several practical implications for policy makers in terms of designing governmental initiatives to promote entrepreneurship.eng
dc.language.isoeng
dc.relation.isversionofhttp://www.scopus.com/inward/record.url?eid=2-s2.0-84862180998&partnerID=40&md5=7a52d00a697c5324dde772234c1361a8spa
dc.sourceScopusspa
dc.titleEnvironmental factors and new firm creation: An institutional approach [Factores del entorno y creación de empresas: Un análisis institucional]spa
dc.typeArticleeng
dc.rights.accessrightsinfo:eu-repo/semantics/restrictedAccess
dc.rights.accessrightsinfo:eu-repo/semantics/restrictedAccess
dc.contributor.affiliationUniversidad Autónoma de Barcelona, Spainspa
dc.contributor.affiliationUniversidad de Medellín, Colombiaspa
dc.contributor.affiliationUAB-Växjö University, Universidad Autónoma de Barcelona, Spainspa
dc.subject.keywordEntrepreneurial activityeng
dc.subject.keywordEnvironmental factorseng
dc.subject.keywordGlobal entrepreneurship monitoreng
dc.subject.keywordInstitutional economicseng
dc.subject.keywordInstitutionseng
dc.subject.keywordNew firm creationeng
dc.relation.ispartofenRevista Venezolana de Gerencia, julio de 2012, volume 17, issue 57, pp 9-38eng
dc.type.driverinfo:eu-repo/semantics/article


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