Entrepreneurial potential in less innovative regionsthe impact of social and cultural environment

  1. Francisco Javier García Rodríguez 1
  2. Esperanza Gil Soto 1
  3. Carmen Inés Ruiz de la Rosa 1
  4. Desiderio Gutiérrez Taño 1
  1. 1 Universidad de La Laguna
    info

    Universidad de La Laguna

    San Cristobal de La Laguna, España

    GRID grid.10041.34

Journal:
European journal of management and business economics

ISSN: 2444-8494

Year of publication: 2017

Volume: 26

Issue: 2

Pages: 163-179

Type: Article

Export: RIS
DOI: 10.1108/ejmbe-07-2017-010 DIALNET GOOGLE SCHOLAR lock_openOpen access editor

Metrics

Cited by

  • Dialnet Métricas Cited by: 1 (17-09-2021)

SCImago Journal Rank

  • Year 2017
  • SJR Journal Impact: 0.239
  • Best Quartile: Q3
  • Area: Finance Quartile: - Rank in area: 158/277
  • Area: Marketing Quartile: - Rank in area: 109/185
  • Area: Tourism, Leisure and Hospitality Management Quartile: - Rank in area: 77/113
  • Area: Business and International Management Quartile: Q3 Rank in area: 200/426
  • Area: Organizational Behavior and Human Resource Management Quartile: Q3 Rank in area: 125/213
  • Area: Strategy and Management Quartile: Q3 Rank in area: 244/472

Índice Dialnet de Revistas

  • Year 2017
  • Journal Impact: 0.824
  • Field: ECONOMÍA Quartile: C1 Rank in field: 7/173

CIRC

  • Social Sciences: B

CiteScore

  • Year 2017
  • CiteScore of the Journal : 1.0
  • Area: Finance Percentile: 46
  • Area: Business and International Management Percentile: 45
  • Area: Strategy and Management Percentile: 38
  • Area: Marketing Percentile: 38
  • Area: Tourism, Leisure and Hospitality Management Percentile: 37
  • Area: Organizational Behavior and Human Resource Management Percentile: 30

Abstract

The purpose of this paper is to analyze the role that the sociocultural, family and university environment play in the entrepreneurial intention of young people in a peripheral and less innovative region. The authors adopted the perspective of the theory of planned behavior and made an empirical study with a sample of 1,064 Spanish university students who voluntarily participated in the GUESSS Project answering an online questionnaire. A methodology based on structural equations was used employing the partial least squares structural equation modeling estimation technique. The results show that the university environment directly influences attitude, self-confidence and motivation, and indirectly the students’ entrepreneurial intention. The social context also exerts a weak direct influence on the perceived attitudes or desires toward the option to start a business and indirectly on the intention. The main contribution of this paper seems to confirm what previous literature highlighted in the terms of regional specificities on the link between innovation systems, the impact of entrepreneurial potential and economic development. In this sense, the university context can play an important role in generating improvements in the entrepreneurial intention’s antecedents of young people with greater potential for innovation in peripheral regions. Therefore, when it comes to defining policies to improve entrepreneurship in these regions, it seems that the establishment of entrepreneurship education and motivation programs in universities is a very effective tool to increase perceived attitude toward the option to start a new business

Bibliographic References

  • Ajzen, I. (1991), “The theory of planned behavior”, Organizational Behavior and Human Decision Processes, Vol. 50 No. 2, pp. 179-211.
  • Asheim, B., Moodysson, J. and Todtling, F. (2011), “Constructing regional advantage: towards state-ofthe-art regional innovation system policies in Europe?”, European Planning Studies, Vol. 19 No. 7, pp. 1133-1139.
  • Audretsch, D. and Peña, I. (2012), “Entrepreneurial activity and regional competitiveness: an introduction to the special issue”, Small Business Economics, Vol. 39 No. 3, pp. 531-537.
  • Audretsch, D.B. and Keilbach, M. (2004), “Entrepreneurship capital and economic performance”, Regional Studies, Vol. 38 No. 8, pp. 949-959.
  • Autio, E. (1998), “Evaluation of RTD in regional systems of innovation”, European Planning Studies, Vol. 6 No. 2, pp. 131-140.
  • Bergmann, H. (2017), “The formation of opportunity beliefs among university entrepreneurs: an empirical study of research- and non-research-driven venture ideas”, Journal of Technology Transfer, Vol. 42 No. 1, pp. 116-140.
  • Carsrud, A.L. and Brännback, M. (2011), “Entrepreneurial motivations: what do we still need to know?”, Journal of Small Business Management, Vol. 49 No. 1, pp. 9-26.
  • Castaño, M.S., Méndez, M.T. and Galindo, M.Á. (2015), “The effect of social, cultural, and economic factors on entrepreneurship”, Journal of Business Research, Vol. 68 No. 7, pp. 1496-1500.
  • Chin, W.W. (1998), “The partial least squares approach to structural equation modeling”, Modern Methods for Business Research, Vol. 295 No. 2, pp. 295-336.
  • Cooke, P. (2007), “Regional innovation, entrepreneurship and talent systems”, International Journal of Entrepreneurship and Innovation Management, Vol. 7 Nos 2/5, pp. 117-139.
  • Damanpour, F. and Scheneider, M. (2006), “Phases of the adoption of innovations in organizations: effects of environment, organization and top managers”, British Journal of Management, Vol. 17 No. 3, pp. 215-236.
  • Davidsson, P. and Wiklund, J. (1997), “Values, beliefs and regional variations in new firm formation rates”, Journal of Economic Psychology, Vol. 18 No. 2, pp. 179-199.
  • Drucker, P. (1986), La innovación y el empresariado innovador: la práctica y los principios, Edhasa, Barcelona.
  • Entrialgo, M. and Iglesias, V. (2016), “The moderating role of entrepreneurship education on the antecedents of entrepreneurial intention”, International Entrepreneurship and Management Journal, Vol. 12 No. 4, pp. 1-24, doi: 10.1007/s11365-016-0389-4.
  • Fayolle, A., Liñán, F. and Moriano, J. (2014), “Beyond entrepreneurial intentions: values and motivations in entrepreneurship”, International Entrepreneurship and Management Journal, Vol. 10 No. 4, pp. 679-689.
  • Fishbein, M. and Ajzen, I. (1975), Belief, Attitude, Intention and Behaviour: An Introduction to Theory and Research, Addison-Wesley Publishing House, Reading, MA.
  • Fornell, C. and Larcker, D.F. (1981), “Evaluating structural equation models with unobservable variables and measurement error”, Journal of Marketing Research, Vol. 18 No. 1, pp. 39-50.
  • Fundación COTEC para la innovación tecnológica (2015), “Tecnología e innovación en España”, Fundación COTEC, Madrid.
  • García-Rodríguez, F.J., Gil-Soto, E., Ruiz-Rosa, I. and Sene, P.M. (2015), “Entrepreneurial intentions in diverse development contexts: a cross-cultural comparison between Senegal and Spain”, International Entrepreneurship and Management Journal, Vol. 11 No. 3, pp. 511-527.
  • García-Rodríguez, F.J., Gil-Soto, E., Ruiz-Rosa, I. and Gutiérrez-Taño, D. (2016), “Entrepreneurial process in peripheral regions: the role of motivation and culture”, European Planning Studies, available at: www.tandfonline.com/doi/full/10.1080/09654313.2016.1262827.
  • Gartner, W.B., Shaver, K.G., Gatewood, E. and Katz, J.A. (1994), “Finding the entrepreneur in entrepreneurship”, Entrepreneurship Theory and Practice, Vol. 18 No. 3, pp. 5-9.
  • Gibb, A. (1993), “The enterprise culture and education”, International Small Business Journal, Vol. 11 No. 3, pp. 11-34.
  • González, J.L., Peña, I. and Vendrell, F. (2012), “Innovation, entrepreneurial activity and competitiveness at a sub-national level”, Small Business Economics, Vol. 39 No. 3, pp. 561-574.
  • González, J.L., Martiarena, A., Navarro, M. and Peña, I. (2009), “Estudio sobre la capacidad de innovación y actividad emprendedora en el ámbito sub-nacional: el caso de la Comunidad Autónoma del País Vasco”, Investigaciones Regionales, Vol. 15, pp. 55-87.
  • Guerrero, M. and Peña-Legazkue, I. (2013), “Entrepreneurial activity and regional development: an introduction to this special issue”, Investigaciones Regionales, Vol. 26, pp. 5-15.
  • Guerrero, M., Urbano, D. and Fayolle, A. (2016), “Entrepreneurial activity and regional competitiveness: evidence from European entrepreneurial universities”, The Journal of Technology Transfer, Vol. 41 No. 1, pp. 105-131.
  • Hair, J.F. Jr, Sarstedt, M., Hopkins, L. and Kuppelwieser, V.G. (2014), “Partial least squares structural equation modeling (PLS-SEM): an emerging tool in business research”, European Business Review, Vol. 26 No. 2, pp. 106-121.
  • Hofstede, G. (2001), Culture’s Consequences: Comparing Values, Behaviors, Institutions, and Organizations Across Nations, 2nd ed., Sage, Thousand Oaks, CA.
  • Huggins, R. and Thompson, P. (2015), “Entrepreneurship, innovation and regional growth: a network theory”, Small Business Economics, Vol. 45 No. 1, pp. 103-128.
  • Hui-Chen, C., Kuen-Hung, T. and Chen-Yi, P. (2014), “The entrepreneurial process: an integrated model”, International Entrepreneurship and Management Journal, Vol. 10 No. 4, pp. 727-745.
  • Krueger, N.F. and Brazeal, D.V. (1994), “Entrepreneurial potential and potential entrepreneurs”, Entrepreneurship Theory and Practice, Vol. 18 No. 3, pp. 91-104.
  • Kyrö, P. and Carrier, C. (2005), “Entrepreneurial learning in universities: Bridges across borders”, in Kyrö, P. and Carrier, C. (Eds), The Dynamics of Learning Entrepreneurship in a Cross-Cultural University Context, University of Tampere: Research Centre for Vocational and Professional Education, Hämmeenlinna.
  • Lee, S.M., Lim, S.B., Pathak, R.D., Chang, D. and Li, W. (2006), “Influences on students attitudes toward entrepreneurship: a multi-country study”, The International Entrepreneurship and Management Journal, Vol. 2 No. 3, pp. 351-366.
  • Lima, E., Lopes, R.M., Nassif, V. and Silva, D. (2015), “Opportunities to improve entrepreneurship education: contributions considering Brazilian challenges”, Journal of Small Business Management, Vol. 53 No. 4, pp. 1033-1051.
  • Liñán, F. and Chen, Y. (2009), “Development and cross-cultural application of a specific instrument to measure entrepreneurial intentions”, Entrepreneurship Theory and Practice, Vol. 33 No. 3, pp. 593-617.
  • Liñán, F. and Fernández-Serrano, J. (2014), “National culture, entrepreneurship and economic development: different patterns across the European Union”, Small Business Economics, Vol. 42 No. 4, pp. 685-701.
  • McCline, R.L., Bhat, S. and Baj, P. (2000), “Opportunity recognition: an exploratory investigation of a component of the entrepreneurial process in the context of the health care industry”, Entrepreneurship Theory and Practice, Vol. 25 No. 2, pp. 81-144.
  • Minniti, M. and Bygrave, W.D. (2001), “A dynamic model of entrepreneurial learning”, Entrepreneurship Theory and Practice, Vol. 25 No. 3, pp. 5-16.
  • Peña, I., Guerrero, M., González-Pernía, J.L., Turró, A., Urbano, D., de Pablo, I. and Sánchez, M.J.T. (2016), Global Entrepreneurship Monitor, Informe GEM España 2015, Vol. 22, Ed., Universidad de Cantabria, Santander.
  • Robinson, P.B., Stimpson, D.V., Huefner, J.C. and Hunt, H.K. (1991), “An attitude approach to the prediction of entrepreneurship”, Entrepreneurship Theory and Practice, Vol. 15 No. 4, pp. 13-31.
  • Sánchez, P.P.I., Maldonado, C.J. and Velasco, A.P. (2012), “Caracterización de las Spin-Off universitarias como mecanismo de transferencia de tecnología a través de un análisis clúster”, Revista Europea de Dirección y Economía de la empresa, Vol. 21 No. 3, pp. 240-254.
  • Sarstedt, M., Ringle, C.M., Smith, D., Reams, R. and Hair, J.F. Jr (2014), “Partial least squares structural equation modeling (PLS-SEM): a useful tool for family business researchers”, Journal of Family Business Strategy, Vol. 5 No. 1, pp. 105-115.
  • Schmiedeberg, C. (2008), “Complementarities of innovation activities: an empirical analysis of the German manufacturing sector”, Research Policy, Vol. 37 No. 9, pp. 1492-1503.
  • Shinnar, R.S., Giacomin, O. and Janssen, F. (2012), “Entrepreneurial perceptions and intentions: the role of gender and culture”, Entrepreneurship Theory and Practice, Vol. 36 No. 3, pp. 465-493, doi: 10.1111/j.1540-6520.2012.00509.x.
  • Shirokova, G., Osiyevskyy, O. and Bogatyreva, K. (2016), “Exploring the intention-behavior link in student entrepreneurship: moderating effects of individual and environmental characteristics”, European Management Journal, Vol. 34 No. 4, pp. 386-399.
  • Sieger, P., Fueglistaller, U. and Zellweger, T. (2014), “Student entrepreneurship across the globe: a look at intentions and activities”, Swiss Research Institute of Small Business and Entrepreneurship at the University of St Gallen (KMU-HSG), St Gallen.
  • Solesvik, M. (2013), “Entrepreneurial motivations and intentions: investigating the role of education major”, Education+Training, Vol. 55 No. 3, pp. 253-271.
  • Souitaris, V., Zerbinati, F. and Al-Laham, A. (2007), “Do entrepreneurship programmes raise entrepreneurial intention of science and engineering students? The effect of learning, inspiration and resources”, Journal of Business Venturing, Vol. 22 No. 3, pp. 566-591.
  • Tenenhaus, M., Vinzi, V.E., Chatelin, Y.-M. and Lauro, C. (2005), “PLS path modeling”, Computational Statistics and Data Analysis, Vol. 48 No. 1, pp. 159-205.
  • Van Gelderen, M., Kautonen, T. and Fink, M. (2015), “From entrepreneurial intentions to actions: self-control and action-related doubt, fear, and aversion”, Journal of Business Venturing, Vol. 30 No. 5, pp. 655-673.
  • Wennekers, S., Thurik, R., van Stel, A. and Noorderhaven, N. (2007), “Uncertainty avoidance and the rate of business ownership across 21 OECD countries, 1976-2004”, Journal of Evolutionary Economics, Vol. 17 No. 2, pp. 133-160.