{"title":"A multi-level analysis of the relationship between formal institutions and ambitious entrepreneurship: The moderating role of economic development","authors":"","doi":"10.1016/j.ibusrev.2024.102303","DOIUrl":null,"url":null,"abstract":"<div><p>Prior research predominantly focuses on institutional drivers of different levels of entrepreneurship across countries instead of specific types of entrepreneurship that can create considerable economic impact. In contrast, we investigate which formal institutions (i.e., government integrity, regulatory efficiency, and trade freedom) affect ambitious entrepreneurship (AE). Ambitious entrepreneurs are both opportunity-driven and innovative. Moreover, we introduce economic development as a boundary condition of these relationships. Using a multi-level research design and analyzing data from the Global Entrepreneurship Monitor (GEM) with 2,121,002 individuals from 101 countries, we find that regulatory efficiency and trade freedom positively affect AE. Surprisingly, government integrity negatively impacts AE, but higher economic development mitigates this negative relationship. Our study informs the discussion on the nexus between comparative international entrepreneurship, institutions, and economic development.</p></div>","PeriodicalId":51352,"journal":{"name":"International Business Review","volume":null,"pages":null},"PeriodicalIF":5.9000,"publicationDate":"2024-06-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S0969593124000507/pdfft?md5=c3881352c3765be2d0128dc329fdeb64&pid=1-s2.0-S0969593124000507-main.pdf","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"International Business Review","FirstCategoryId":"91","ListUrlMain":"https://www.sciencedirect.com/science/article/pii/S0969593124000507","RegionNum":1,"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
Prior research predominantly focuses on institutional drivers of different levels of entrepreneurship across countries instead of specific types of entrepreneurship that can create considerable economic impact. In contrast, we investigate which formal institutions (i.e., government integrity, regulatory efficiency, and trade freedom) affect ambitious entrepreneurship (AE). Ambitious entrepreneurs are both opportunity-driven and innovative. Moreover, we introduce economic development as a boundary condition of these relationships. Using a multi-level research design and analyzing data from the Global Entrepreneurship Monitor (GEM) with 2,121,002 individuals from 101 countries, we find that regulatory efficiency and trade freedom positively affect AE. Surprisingly, government integrity negatively impacts AE, but higher economic development mitigates this negative relationship. Our study informs the discussion on the nexus between comparative international entrepreneurship, institutions, and economic development.
期刊介绍:
The International Business Review (IBR) stands as a premier international journal within the realm of international business and proudly serves as the official publication of the European International Business Academy (EIBA). This esteemed journal publishes original and insightful papers addressing the theory and practice of international business, encompassing a broad spectrum of topics such as firms' internationalization strategies, cross-border management of operations, and comparative studies of business environments across different countries. In essence, IBR is dedicated to disseminating research that informs the international operations of firms, whether they are SMEs or large MNEs, and guides the actions of policymakers in both home and host countries. The journal warmly welcomes conceptual papers, empirical studies, and review articles, fostering contributions from various disciplines including strategy, finance, management, marketing, economics, HRM, and organizational studies. IBR embraces methodological diversity, with equal openness to papers utilizing quantitative, qualitative, or mixed-method approaches.