{"title":"Analysis of entrepreneurs’ motivations and role models for growth expectations in the time of coronavirus","authors":"Nuria Calvo, Isabel Neira, Yago Atrio","doi":"10.1007/s11365-023-00905-x","DOIUrl":null,"url":null,"abstract":"Abstract The change in life and professional conditions in 2020 has impacted the growth expectations of new firms. Based on a sample of more than 20,000 people coming from the Spanish Global Entrepreneurship Monitor (GEM) for 2019 and 2020, we analyze the effect of entrepreneurs’ motivations and social role models on the growth expectations of new firms using a binomial logit model. The results show that, as a consequence of the institutional conditions caused by the COVID-19 pandemic, entrepreneurs only take into consideration the economic projections of the new firm in order to take the risk of hiring employees in the early stage of the firm’s creation. However, experienced entrepreneurs involved in the consolidating stage of the entrepreneurial process have more ambitious motivations, and take advantage of their knowledge derived from peer role models in order to face the new opportunities arising during the pandemic. The effect of motivations and role models on firms’ growth also differ between men and women.","PeriodicalId":48058,"journal":{"name":"International Entrepreneurship and Management Journal","volume":"24 1","pages":"0"},"PeriodicalIF":6.2000,"publicationDate":"2023-10-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"International Entrepreneurship and Management Journal","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.1007/s11365-023-00905-x","RegionNum":3,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q1","JCRName":"BUSINESS","Score":null,"Total":0}
引用次数: 0
Abstract
Abstract The change in life and professional conditions in 2020 has impacted the growth expectations of new firms. Based on a sample of more than 20,000 people coming from the Spanish Global Entrepreneurship Monitor (GEM) for 2019 and 2020, we analyze the effect of entrepreneurs’ motivations and social role models on the growth expectations of new firms using a binomial logit model. The results show that, as a consequence of the institutional conditions caused by the COVID-19 pandemic, entrepreneurs only take into consideration the economic projections of the new firm in order to take the risk of hiring employees in the early stage of the firm’s creation. However, experienced entrepreneurs involved in the consolidating stage of the entrepreneurial process have more ambitious motivations, and take advantage of their knowledge derived from peer role models in order to face the new opportunities arising during the pandemic. The effect of motivations and role models on firms’ growth also differ between men and women.
期刊介绍:
The International Entrepreneurship and Management Journal (IEMJ) publishes high quality manuscripts dealing with entrepreneurship, broadly defined, and the management of entrepreneurial organizations. The journal will expand the study of entrepreneurship and management by publishing innovative articles based on different perspectives using a variety of methodological approaches and showing the practical implications of the research for its readership. IEMJ is unique; providing a multi-disciplinary forum for researchers, scholars, consultants, entrepreneurs, businessmen, managers and practitioners in the field of entrepreneurship. The journal covers the relationship between management and entrepreneurship including both conceptual and empirical papers, leading to an improvement in the understanding of international entrepreneurial perspectives of the organisations concerned. Entrepreneurial studies are important in creating new economic activity that in turn increases innovation, employment, economic wealth and growth. The journal focuses on the diverse and complex characteristics of entrepreneurship in SMEs and large companies in local, regional, national or international markets that lead to competitiveness in the face of the effects of globalization. Though preference will be given to manuscripts that are international in scope, papers focused on domestic contexts and issues are welcome also, in order to facilitate the sharing of knowledge and potential generalizability of findings worldwide. IEMJ will publish original papers which contribute to the advancement of the field of entrepreneurship and the interface between management and entrepreneurship, as well as articles on business corporate strategy and government economic policy. On occasions, the journal will also feature case studies of successful firms or other cases having important practical implications. The journal places great emphasis on the quality of the papers it publishes. Submission of a paper will imply that it contains original unpublished work and is not being submitted for publication elsewhere. Officially cited as: Int Entrep Manag J