The Evolution of Early-Stage Entrepreneurial Activity Influencing Factors in Romania

• Main Authors: Ştefan PETE, Ágnes NAGY, Lehel-Zoltán GYÖRFY, Annamária BENYOVSZKI, Tünde Petra PETRU
• Format: Article
• Language: English
• Published: General Association of Economists from Romania 2010-07-01
• Series: Theoretical and Applied Economics
• Subjects: entrepreneurship; early-stage entrepreneurs; influencing factors; perceptional factors; socio-demographic factors; logit model; Global Entrepreneurship Monitor
• Online Access: http://store.ectap.ro/articole/479.pdf

The aim of the article is to analyze the main influencing factors of the probability of becoming an early-stage entrepreneur in Romania. The analyzed factors are: gender, age, education, household income, work status, network, opportunity perception, perception regarding the trust in own entrepreneurial skills, perception on the society’s appreciation regarding the principle of equality in life standard, perception on the society’s appreciation regarding the entrepreneurial career, perception on the proper promotion of entrepreneurial successes by mass media. We estimate a logit model for each year of the 2007-2009 period and we study the main influencing perceptional and sociodemographic factors, based on the Global Entrepreneurship Monitor (GEM) Adult Population Survey database for Romania.