title: The motivation index of entrepreneurial activity and institutional environment
metadata.name: dc.contributor.author
metadata.value: Verkhovskaya, Olga R.
metadata.lang: -
metadata.name: dc.contributor.author
metadata.value: Aleksandrova, Ekaterina A.
metadata.lang: -
metadata.name: dc.date.accessioned
metadata.value: 2019-02-04T12:00:30Z
metadata.lang: -
metadata.name: dc.date.available
metadata.value: 2019-02-04T12:00:30Z
metadata.lang: -
metadata.name: dc.date.issued
metadata.value: 2018-12
metadata.lang: -
metadata.name: dc.identifier.citation
metadata.value: Verkhovskaya O. R., Aleksandrova E. A. The motivation index of entrepreneurial activity and institutional environment. St Petersburg University Journal of Economic Studies, 2018, vol. 34, issue 4, pp. 511–533.
metadata.lang: en_GB
metadata.name: dc.identifier.other
metadata.value: 10.21638/spbu05.2018.402
metadata.lang: -
metadata.name: dc.identifier.uri
metadata.value: http://hdl.handle.net/11701/15365
metadata.lang: -
metadata.name: dc.description.abstract
metadata.value: The article investigates the institutional factors that affect the motivation index wich is measured as the proportion between the share of Improvement-Driven entrepreneurs and necessity-driven entrepreneurs. The difference between entrepreneurs with necessity and opportunity motivation figures the difference in entrepreneurial behavior. Those of them who consider an income increase and anindependence desire as the motives of their activities (Improvement-Driven Entrepreneurs) are ready for large investments in business creation, for the production of new products and for the usage of new technologies, providing a greater contribution to economic development. We test few hypotheses using data of Global Entrepreneurship Monitor Survey for the period 2007–2016. The results confirm the existence of positive relationship between the level of economic development and the motivation index, an increase in the share of Improvement-Driven entrepreneurs is typical for developed countries. Despite the necessity to develop all types of entrepreneurship, which are widely discussed in policy and programs for small and medium businesses, the promotion of Improvement-Driven Entrepreneurship entrepreneurs can contribute to GDP growth by creating new, including innovative, products and technologies, as well as increasing the scale of business. We found confirmation of the hypothesis that the protection of property rights, the regulation of corruption and the quality of education have a positive effect on the motivation index. The confidence that income and property are protected increases the likelihood of opting for voluntary entrepreneurship. Protection of rights affects not so much the general level of entrepreneurial activity, but rather the change in its “quality”. The perception of society as corrupt also reduces the level of forced entrepreneurship, but restricting corruption more strongly stimulates highly competitive entrepreneurs than forced ones.
metadata.lang: en_GB
metadata.name: dc.language.iso
metadata.value: ru
metadata.lang: en_GB
metadata.name: dc.publisher
metadata.value: St Petersburg State University
metadata.lang: en_GB
metadata.name: dc.relation.ispartofseries
metadata.value: St Petersburg University Journal of Economic Studies;Volume 34; Issue 4
metadata.lang: -
metadata.name: dc.subject
metadata.value: motivation index
metadata.lang: en_GB
metadata.name: dc.subject
metadata.value: entrepreneurial activity
metadata.lang: en_GB
metadata.name: dc.subject
metadata.value: Opportunity-Driven Entrepreneurship
metadata.lang: en_GB
metadata.name: dc.subject
metadata.value: Necessity-Driven Entrepreneurship
metadata.lang: en_GB
metadata.name: dc.subject
metadata.value: Improvement-Driven Entrepreneurship
metadata.lang: en_GB
metadata.name: dc.subject
metadata.value: institutional environment
metadata.lang: en_GB
metadata.name: dc.title
metadata.value: The motivation index of entrepreneurial activity and institutional environment
metadata.lang: en_GB
metadata.name: dc.type
metadata.value: Article
metadata.lang: en_GB
resources.filename: 02-Verkhovskaya.pdf
resources.url: https://dspace.spbu.ru/bitstream/11701/15365/1/02-Verkhovskaya.pdf
resources.format: Adobe PDF
resources.size: 791,88 kB