Authors : Diego Araujo Reis, Fábio Rodrigues de Moura and Iracema Machado de Aragão
Abstract: This study aims to identify the effect of attitudes and abilities on aspirations in the entrepreneurship ecosystem. We use the sub-indices (attitudes, abilities and aspirations) of the Global Entrepreneurship Index (GEI) which measure the entrepreneurship ecosystem. The attitudes sub-index evaluate how competent individuals are to choose entrepreneurship rather than alternative occupations. The abilities sub-index measures the quality of new undertakings. The aspirations sub-index reflects the potential of start-ups to achieve internationalization, rapid growth and high productivity. Based on annual data from 2011-2018, we use a quantile regression model with fixed effects. We control for intellectual property and economic performance in addition to dummy variables that identify the particular impact on different regions. Our findings show a positive and heterogeneous effect of abilities on entrepreneur’s aspirations and also a positive impact of attitudes on aspirations but only in higher quantiles. These findings contribute to the debate and are useful for formulating policies involving entrepreneurship in different countries.
Diego Araujo Reis, Fábio Rodrigues de Moura and Iracema Machado de Aragão, 2019. Attitudes, Abilities and Aspirations in the Worldwide Entrepreneurship Ecosystem. International Business Management, 13: 429-437.