Institutional and economic determinants of the perception of opportunities and entrepreneurial intention/Determinantes institucionales y económicos de la percepción de oportunidades y de la intención emprendedora

This paper aims to identify the institutional and economic factors that influence the perception of business opportunities, and the latter's influence on entrepreneurial intention. We use an institutional approach for the Spanish Autonomous Regions for the period 2004-2010, based on the data av...

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Bibliographic Details
Published in:Investigaciones regionales 2013-07 (26), p.75
Main Authors: Vidal-Suñé, Antoni, López-Panisello, María-Belén
Format: Article
Language:English
Subjects:
Confidence
Entrepreneurs
Entrepreneurship
Hypotheses
Opportunity
Perceptions
Skills
Studies
Online Access:Get full text
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Summary:This paper aims to identify the institutional and economic factors that influence the perception of business opportunities, and the latter's influence on entrepreneurial intention. We use an institutional approach for the Spanish Autonomous Regions for the period 2004-2010, based on the data available in the regional GEM reports, supplemented by data from the INE (Instituto Nacional de Estadística - Spanish National Institute of Statistics). By applying a structural equation model, we observed that the perception of abilities (self-efficacy) positively and significantly affects both the perception of opportunities and entrepreneurial intention, and that the perception of opportunities affects entrepreneurial intention. [PUBLICATION ABSTRACT]
ISSN:1695-7253
2340-2717