Relationship between Institutional Factors and Entrepreneurship: A Quantitative Analysis
DOI:
https://doi.org/10.46661/revmetodoscuanteconempresa.2139Keywords:
Actividad emprendedora, entorno institucional, análisis factorial, regresión, entrepreneurial activity, institutional environment, factorial analysis, regression.Abstract
The majority of published studies about the relation between institutional and entrepreneurial factors lack of an adequate empirical study. Due to the importance that the institutional environment has acquired in the last few years, we consider necessary a rigorous analysis using quantitative statistical techniques. The aim of this paper is the empirical analysis of the relationship between institutional and entrepreneurial orientation Spanish company, based on theoretical and empirical identification of regulatory, cognitive and normative dimensions for the institutional environment and the dimensions of innovation, risk assumption, proactivity, and autonomy to analyze the entrepreneurial behavior.
Downloads
References
Amine, L.S.; Staub, K.M. (2009) Women entrepreneurs in Sub-Saharan Africa: An institutional theory analysis from a social marketing point of view. Entrepreneurship & Regional Development, Vol. 21, no. 2, pp. 183-211.
Baer, M.; Frese, M. (2003) Innovation is not enough: climate for initiative and psychological safety, process innovations, and firm performance. Journal of Organizational Behavior, 24, pp. 45-68.
Baumol, W.J.; Litan, R.E.; Schramm, C.J. (2009) Good capitalism, bad capitalism, and the economics of growth and prosperity. New Haven, CT: Yale University Press.
Bosma, N.; Acs, Z.J.; Autio, E.; Coduras, A.; Levie, J. (2009) Global Entrepreneurship Monitor. 2008 Executive Report, GEM.
Bosma, N.; Levie, J. (2010) Global Entrepreneurship Monitor. 2009 Executive Report, GEM.
Bruton, G.D.; Ahlstrom, D.; Li. H-L. (2010) Institutional theory and entrepreneurship: Where are we now and where do we need to move in the future? Entrepreneurship Theory and Practice, Vol. 34, no.3, pp. 421-440.
Busenitz, L.W.; Gómez, C.; Spencer, J.W. (2000) Country institutional profiles: Interlocking entrepreneurial phenomena. Academy of Management Journal, Vol. 43, no. 5, pp. 994-1003.
Covin, J.G.; Green, K.M.; Slevin, D.P. (2006) Strategic process effects on the entrepreneurial orientation-sales growth rate relationship. Entrepreneurship Theory and Practice, Vol. 30, no. 1, pp. 57-82.
Covin, J.G.; Slevin, D.P. (1991) A conceptual model of entrepreneurship as firm behaviour. Entrepreneurship Theory and Practice, Vol. 16, no. 1, pp. 7-25.
Dess, G.G.; Lumpkin, G.T. (2005) The role of entrepreneurial orientation in stimulating effective corporate entrepreneurship. Academy of Management Executive, 19(1), pp. 147-156.
De la Vega García-Pastor, I.; Coduras, A.; Cruz, C.; Justo, R.; González, I. (2007) Global Entrepreneurship Monitor. 2007 Spain Executive Report. GEM.
De la Vega García-Pastor, I.; Coduras, A.; Cruz, C.; Justo, R.; González, I. (2008) Global Entrepreneurship Monitor. 2008 Spain Executive Report. GEM.
De la Vega García-Pastor, I.; Coduras, A.; Cruz, C.; Justo, R.; González, I. (2009) Global Entrepreneurship Monitor. 2009 Spain Executive Report. GEM.
DiMaggio, P.J.; Powell, W.W. (1983) The iron cage revisited: Institutional isomorphism and collective rationality. American Sociological Review, Vol. 48, pp. 147-160.
DiMaggio, P.J.; Powell, W.W. (1991) The New Institutionalism in Organizational Analysis, The University of Chicago Press.
European Commission (2003) Green Paper: Entrepreneurship in Europe. Communication from the Commission to the Council, the European Parliament, the European Economic and Social Committee and the Committee of the Regions, COM (98) 222.
European Commission (2004) Action Plan: The European Agenda for Entrepreneurship. Communication from the Commission to the Council, the European Parliament, the European Economic and Social Committee and the Committee of the Regions, COM (03) 70.
Gómez Haro, S. (2010) Influencia de los factores institucionales sobre la actividad emprendedora corporativa. Un análisis causal. Tesis Doctoral, Universidad de Granada.
Ireland, R.D.; Covin, J.G.; Kuratko, D.F. (2009) Conceptualizing corporate entrepreneurship strategy. Entrepreneurship Theory and Practice, Vol. 33, no. 1, pp. 19-46.
Khandwalla, P.N. (1977) The Design of Organizations. New York: Harcourt Brace Jovanovich.
Knight, G.A. (1997) Cross cultural reliability and validity of a scale to measure firm entrepreneurial orientation. Journal of Business Venturing, Vol. 12, pp. 213-225.
Kostova, T. (1999) Transnational transfer of strategic organizational practices: A contextual perspective. Academy of Management Review, Vol. 24, no. 2, pp. 308-324.
Kreiser, P.M.; Davis, J. (2010) Entrepreneurial orientation and firm performance: The unique impact of innovativeness, proactiveness, and risk-taking, Journal of Small Business and Entrepreneurship, Vol. 23, no. 1, pp. 39-51.
Liao, Y-S. (2007) The effects of knowledge management strategy and organization structure on innovation. International Journal of Management, 24, no. 1, pp. 53-60.
Lim, D.S.K.; Morse, E.A.; Mitchell, R.K.; Seawright, K.K. (2010) Institutional environment and entrepreneurial cognitions: A comparative business perspective. Entrepreneurship Theory and Practice, Vol. 34, no. 3, pp. 491-516.
Ling, Y.; Simsek, Z.; Lubatkin, M.H.; Veiga, J.F. (2008) Transformational Leadership's Role in Promoting Corporate Entrepreneurship: Examining the CEO-TMT Interface. Academy of Management Journal, 51, vol. 3, pp. 557-576.
Lumpkin, G.T.; Cogliser, C.C.; Schneider, D.R. (2009) Understanding and measuring autonomy: An entrepreneurial orientation perspective. Entrepreneurship Theory and Practice, 33(1), pp. 47-68.
Lumpkin, G.T.; Dess, G.G. (1996) Clarifying the entrepreneurial orientation construct and linking it to performance, Academy of Management Review, Vol. 21, no. 1, pp. 135-172.
Meyer, J.W.; Rowan, B. (1977) Institutionalized organizations: Formal structure as myth and ceremony. American Journal of Sociology, Vol. 83, pp. 340-363.
Miller, D. (1983) The correlates of entrepreneurship in three types of firms. Management Science, Vol. 29, no. 7, pp. 770-791.
Miller D.; Friesen, P.H. (1978) Archetypes of strategy formulation. Management Science, Vol. 24, pp. 921-933.
Mintzberg, H. (1973) The Structuring of Organizations. Englewood Cliffs, NJ: Prentice-Hall.
OCDE (2010) OECD Harmonised Unemployment Rates, August 2010, disponible en: http://www.oecd.org/dataoecd/45/21/46175570.pdf
Podsakoff P.M.; MacKenzie, S.B.; Lee, J.Y.; Podsakoff, N.P. (2003) Common method biases in behavioral research: a critical review of the literature and recommended remedies. Journal of Applied Psychology, 88, no. 5, pp. 879-903.
Scott, W.R. (1995) Institutions and Organizations, Sage Publications.
Scott, W.R.; Meyer, J.W. (1991) The organization of societal sectors: Propositions and early evidence. En W.W. Powell y P. DiMaggio (Eds.) The New Institutionalism in Organizational Analysis. The University of Chicago Press.
Spencer, J.W.; Gómez, C. (2004) The relationship among national institutional structures, economics factors and domestic entrepreneurial activity: a multicountry study. Journal of Business Research, Vol. 57, pp. 1098-1107.
Stephen, F.H.; Urbano, D.; van Hemmen, S. (2005) The Impact of institutions on entrepreneurial activity. Managerial and Decisions Economics, Vol. 26, pp. 413-419.
Stopford, J.M.; Baden-Fuller, C.W.F. (1994) Creating corporate entrepreneurship. Strategic Management Journal, 15(7), pp. 521-536.
Urbano-Pulido, D.; Díaz-Casero, J.C.; Hernández-Mogollón, R. (2007) Evolución y principios de la teoría económica institucional. Una propuesta de aplicación para el análisis de los factores condicionantes de la creación de empresas. Investigaciones Europeas de Dirección y Economía de la Empresa, Vol. 13, no. 3, pp. 183-198.
Vaillant, Y.; Lafuente, E. (2007) Do different institutional frameworks condition the influence of local fear or failure and entrepreneurial examples over entrepreneurial activity? Entrepreneurship & Regional Development, Vol. 19, no. 4, pp. 313-337.
Valdaliso-Gago, J.M. (2005) El espíritu emprendedor en España: un análisis histórico. En Cuervo-García, J.A. y Sastre-Castillo (Eds), La empresa y el espíritu emprendedor de los jóvenes, Ministerio de Educación.
Wiklund, J.; Shepherd, D. (2005) Entrepreneurial orientation and small business performance: A configurational approach. Journal of Business Venturing, Vol. 20, no. 1, pp. 71-91.
Zahra, S.A. (1993) A conceptual model of entrepreneurship as firm behavior: A critique and extension. Entrepreneurship Theory and Practice, Vol. 17, no. 4, pp. 5-21.
Zahra, S.A. (1995) Corporate entrepreneurship and financial performance: The case of management leveraged buyouts. Journal of Business Venturing, Vol. 10, pp. 225-247.
Downloads
Published
How to Cite
Issue
Section
License
Copyright (c) 2012 Revista de Métodos Cuantitativos para la Economía y la Empresa
This work is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.
Submission of manuscripts implies that the work described has not been published before (except in the form of an abstract or as part of thesis), that it is not under consideration for publication elsewhere and that, in case of acceptance, the authors agree to automatic transfer of the copyright to the Journal for its publication and dissemination. Authors retain the authors' right to use and share the article according to a personal or instutional use or scholarly sharing purposes; in addition, they retain patent, trademark and other intellectual property rights (including research data).
All the articles are published in the Journal under the Creative Commons license CC-BY-SA (Attribution-ShareAlike). It is allowed a commercial use of the work (always including the author attribution) and other derivative works, which must be released under the same license as the original work.
Up to Volume 21, this Journal has been licensing the articles under the Creative Commons license CC-BY-SA 3.0 ES. Starting from Volume 22, the Creative Commons license CC-BY-SA 4.0 is used.