Title: New and growing firms' entrepreneurs' perceptions and their discriminant power in EDL countries

Authors: Maria De Fátima Pilar; Mariana Marques; Aldina Correia

Addresses: School of Technology and Management of Polytechnic of Porto (ESTG/IPP), Portugal; Centre for Research and Innovation in Business Sciences and Information Systems (CIICESI), Portugal Rua do Curral, Margaride, 4610-156 Felgueiras, Portugal ' School of Technology and Management of Polytechnic of Porto (ESTG/IPP), Portugal; Centre for Research and Innovation in Business Sciences and Information Systems (CIICESI), Portugal Rua do Curral, Margaride, 4610-156 Felgueiras, Portugal ' School of Technology and Management of Polytechnic of Porto (ESTG/IPP), Portugal; Centre for Research and Innovation in Business Sciences and Information Systems (CIICESI), Portugal Rua do Curral, Margaride, 4610-156 Felgueiras, Portugal

Abstract: This work aims to analyse entrepreneur's perceptions about conditions to create new and growing firms and their significance in the economic development level (EDL) of countries. For this paper was used Global Entrepreneurship Monitor (GEM) project, in particular, the dataset NES 2013. To group the variables related to entrepreneur's perceptions about conditions to create new and growing firms a factor analysis was done and the variables more relevant are identified. Eight factors were obtained and renamed considering the entrepreneurial framework conditions (EFCs) defined by GEM. Next, in order to find out which variables contributed to economic development level of the countries, considering the entrepreneurs' perceptions, a discriminant analysis was carried out. With this study, we conclude that the levels of economic development are distinguished by the perceptions of entrepreneurs about new and growing firms.

Keywords: Global Entrepreneurship Monitor; GEM; entrepreneurship; economic development level; EDL; new and growing firms; entrepreneurs; entrepreneurial framework conditions; EFCs; economy countries; firms.

DOI: 10.1504/GBER.2019.099397

Global Business and Economics Review, 2019 Vol.21 No.3/4, pp.474 - 499

Received: 07 Oct 2017
Accepted: 14 Feb 2018

Published online: 06 Mar 2019 *

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