Drivers of entrepreneurial aspirations at the country level: The role of start-up motivations and social security

J. Hessels, M.W. van Gelderen, A.R. Thurik

Research output: Contribution to JournalArticleAcademicpeer-review

Abstract

This paper investigates whether various start-up motivations and a country's level of social security can explain the prevalence of entrepreneurial aspirations. For entrepreneurial aspirations and motivations we use country-level data from the Global Entrepreneurship Monitor (GEM) for the year 2005. We distinguish between the necessity motive, independence motive and increase wealth motive and between aspirations in terms of innovativeness, job growth and export orientation. Our findings indicate that social security negatively affects a country's supply of ambitious entrepreneurship. Our results also suggest that entrepreneurial aspirations in terms of job growth and export relate positively to the increase wealth motive. © 2008 Springer Science + Business Media, LLC.
Original languageEnglish
Pages (from-to)401-417
Number of pages17
JournalInternational Entrepreneurship and Management Journal
Volume4
Issue number4
DOIs
Publication statusPublished - 2008

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