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Explaining International Differences in Entrepreneurship: The Role of Individual Characteristics and Regulatory Constraints

Year: 2008

Type: report

Abstract: We use a micro dataset that collects information across individuals, countries, and time to investigate the determinants of entrepreneurial activity in thirty-seven developed and developing nations.We focus both on individual characteristics and on countries' regulatory differences.We show that individual characteristics, such as gender, age, and status in the workforce are important determinants of entrepreneurship, and we also highlight the relevance of social networks, self-assessed skills, and attitudes toward risk.Moreover, we find that regulation plays a critical role, particularly for those individuals who become entrepreneurs to pursue a business opportunity.The individual characteristics that are impacted most by regulation are those measuring working status, social network, business skills, and attitudes toward risk.

Source: National Bureau of Economic Research

DOI: 10.3386/w14012

Authors: Silvia Ardagna, Annamaria Lusardi

Institutions: Dartmouth College, National Bureau of Economic Research, Harvard University, European University Institute

Language: English

Topic: Entrepreneurship Studies and Influences

Subfield: Management of Technology and Innovation

Field: Business, Management and Accounting

Domain: Social Sciences

SDG: Decent work and economic growth

Open Access status: green

OpenAlex ID: W1490038028

Cites: 40

Cited by: 262

Related to: 10