Title: Determinants of small business activity and entrepreneurship: household survey evidence from Lithuania

Authors: Peter Luke, Dalia Pileckiene, Peter Romilly, Gelmine Sliziene

Addresses: Department of Business and International Studies, London South Bank University, UK. ' Department of Business Management, Co-operative College, Vilnius, Lithuania. ' Dundee Business School, University of Abertay, Dundee, UK. ' Department of Business Administration, Kaunas University of Technology, Kaunas, Lithuania

Abstract: This paper identifies and evaluates a number of factors influencing small business activity and entrepreneurship in Lithuania. It is based on a quantitative approach, using a large household labour force survey obtained from the Lithuanian Statistical Office. The size of the sample enables us to determine the influence of a range of factors including age, gender, ethnicity, location, economic sector and occupation, on small business formation and entrepreneurship. The sample size also implies that we can have some confidence in the reliability of the estimation results. The data set is analysed using two probit model specifications. Overall, our results suggest a number of important issues for policy makers seeking to promote the micro and small business sector in Lithuania.

Keywords: Lithuania; small business activity; entrepreneurship; household survey evidence; government policy.

DOI: 10.1504/WREMSD.2008.018222

World Review of Entrepreneurship, Management and Sustainable Development, 2008 Vol.4 No.2/3, pp.147 - 168

Published online: 12 May 2008 *

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