Entrepreneurial Intentions In Russia: An Empirical Study

Authors

Abstract

The article investigates entrepreneurial intentions factors in Russia. The empirical analysis is based on Global Entrepreneurship Monitor data. GEM methodology for survey uses a multistage, stratified, probabilistic sample of 2029 respondents to represent the adult population of Russia between the ages 18 and 64 years. The models of binary choice are applied to reveal the factors of entrepreneurial intentions. The results demonstrate that it is hard to predict intentions on the base of socio-demographic characteristics. At the same time perception of having appropriate knowledge and skills to undertake entrepreneurial activity, individual’s acquaintance with someone who has opened a business, the previous entrepreneurial experience and assessment of environmental favorability for starting up a business in the locality where the respondent lives determine entrepreneurial intentions in Russia.

Keywords:

entrepreneurship, entrepreneurial intentions, theory of planned behavior, Global Entrepreneurship Monitor

Downloads

Download data is not yet available.

References

ЛИТЕРАТУРА НА РУССКОМ ЯЗЫКЕ

Верховская О. Р., Дорохина М. В. 2013. Предпринимательские фирмы и создание новых рабочих мест в России: эмпирические свидетельства. Российский журнал менеджмента 11 (1): 19–40.

Верховская О. Р., Дорохина М. В., Сергеева А. В. 2014. Глобальный мониторинг предпринимательства. Россия 2013. Национальный отчет. С.-Петербург. http://www.gsom.spbu.ru/images/cms/data/faculty/gem_2013_final20_all.pdf

Заславская Т. И. 1995. Бизнес-слой российского общества: сущность, структура, статус. Общественные науки и современность (1): 17–32.

Кузьминов Я. И., Смирнов С. Н., Шкаратан О. И., Якобсон Л. И. 1999. Российская экономика: Условия выживания, предпосылки развития. Вопросы экономики (7): 15–25.

Радаев В. В. 2003. Социология рынков: к формированию нового направления. М.: Издательский дом ГУ–ВШЭ.

REFERENCES IN LATIN ALPHABET

Abebe M. A. 2012. Social and institutional predictors of entrepreneurial career intention: Evidence from Hispanic adults in the U.S. Journal of Enterprising Culture 20 (1): 1–23.

Aidis R., Estrin S., Mickiewicz T. 2008. Institutions and entrepreneurship development in Russia: A comparative perspective. Journal of Business Venturing 23 (6): 656–672.

Ajzen I. 1987. Attitudes, traits and actions; Dispositional prediction of behavior in personality and social psychology. In: Berkowitz L. (ed.). Advances In Experimental Social Psychology. Academic Press: San Diego; 1–63.

Ajzen I. 1991. The theory of planned behavior. Organizational Behavior and Human Decision Processes 50 (2): 179–211.

Aldrich H. E., Martinez M. A. 2001. Many are called, but few are chosen: An evolutionary perspective for the study of entrepreneurship. Entrepreneurship Theory and Practice 25 (4): 41–56.

Arenius P., De Clercq D. 2006. The role of knowledge in business start-up activity. International Small Business Journal 24 (4): 339–358.

Astrakhan I., Chepurenko A. 2003. Small business in Russia: Any prospects after a decade? Futures 35 (4): 341–359.

Audet J. 2002. A Longitudinal Study Of the Entrepreneurial Intentions Of University Students. Paper Presented at the Annual Meeting of the Babson Kaufmann Entrepreneurship Research Conference Boulder, June.

Audet J. 2004. A Longitudinal Study Of the Entrepreneurial Intentions Of University Students. Academy of Entrepreneurship Proceedings. Allied Academies International Conference, April 7–10, New Orleans, Louisiana.

Autio E., Keeley R. H., Klofsten M., Parker G. G. C., Hay M. 2001. Entrepreneurial intent among students in Scandinavia and In the USA. Enterprise and Innovation Management Studies 2 (2): 145–160.

Begley T. M., Tan W. L. 2001. The socio-cultural environment for entrepreneurship: A comparison between East Asian and Anglo-Saxon countries. Journal of International Business Studies 32 (3): 537–553.

Bird B. 1988. Implementing entrepreneurial ideas: The case for intention. Academy of Management Review 13 (3): 442–453.

Blanchflower D. G. 2004. Self-Employment: More May Not Be Better. NBER Working Paper No. 10286.

Bosma N., Levie J. 2009. Global Entrepreneurship Monitor. Boyd N. G., Vozikis G. S. 1994. The influences of self-efficacy on the development of entrepreneurial intentions and actions. Entrepreneurship Theory and Practice 18 (4): 63–90.

Busenitz L. W., Gomez C., Spencer J. W. 2000. Country institutional profiles: Unlocking entrepreneurial phenomena. Academy of Management Journal 43 (5): 994–1003.

Chen C. C., Greene P. G., Crick A. 1998. Does entrepreneurial self-efficacy distinguish entrepreneurs from managers? Journal of Business Venturing 13 (4): 295–316.

De Bruin A., Brush C. G., Welter F. 2007. Advancing a framework for coherent research on women’s entrepreneurship. Entrepreneurship: Theory and Practice 31 (3): 323–339.

De Luca G. 2008. SNP and SML estimation of univariate and bivariate binary-choice models. The Stata Journal 8 (2): 190–220.

Djankov S., La Porta R., Lopez-de-Silanes F., Shleifer A. 2002. The regulation of entry. Quarterly Journal of Economics 117 (1): 1–37.

Djankov S., Miguel E., Qian Y., Roland G., Zhuravskaya E. 2004. Entrepreneurship: First Results From Russia. SSRN Paper No. 641721. http://ssrn.com.

Eunni R. V., Manolova T. S. 2012. Are the BRIC economies entrepreneur-friendly? An institutional perspective. Journal of Enterprising Culture 20 (2): 171–202.

Frank H., Lueger M., Korunka C. 2007. The significance of personality in business startup intentions realization and business success. Entrepreneurship and Regional Development 19 (3): 227–251.

Frye T., Shleifer A. 1997. The invisible hand and the grabbing hand. American Economic Review 87 (2): 354–358.

Giannetti M., Simonov A. 2004. On the determinants of entrepreneurial activity: Individual characteristic, economic environment, and social norms. Swedish Economic Policy Review 11: 269–313.

Giannetti M., Simonov A. 2009. Social interactions and entrepreneurial activity. Journal of Economics and Management Strategy 18 (3): 665–709.

Gupta V. K., Turban D. B., Wasti S. A., Sikdar A. 2009. The role of gender stereotypes in perceptions of entrepreneurs and intentions to become an entrepreneur. Entrepreneurship Theory and Practice 33 (2): 397–417.

Hessels J., Van Gelderen M., Thurik R. 2008. Entrepreneurial aspirations, motivations and their drivers. Small Business Economics 31 (3): 323–339.

Kautonen T., Palmroos J., Vainio P. 2009. ‘Involuntary self-employment’ in Finland: A bleak future? Public Policy 4 (6): 533–548.

Kautonen T., Erno T., Tornikoski E. T., Kibler E. 2011. Entrepreneurial intentions in the third age: The impact of perceived age norms. Small Business Economics 37 (2): 219–234.

Kihlstrom R. E., Laffont J. J. 1979. A general equilibrium entrepreneurial theory of firm formation based on risk aversion. Journal of Political Economy 87 (4): 719–748.

Koellinger P., Minniti M., Schade C. 2007. ‘‘I think I can, I think I can’’: Overconfidence and entrepreneurial behavior. Journal of Economic Psychology 28 (4): 502–527.

Kolvereid L. 1996. Organizational employment versus selfemployment: Reasons for career choice intentions. Entrepreneurship Theory and Practice 20 (3): 23–31.

Krueger N. F. 1993. The impact of prior entrepreneurial experience on perceived new venture feasibility and Desirability. Entrepreneurship Theory and Practice 18 (1): 5–21.

Krueger N. F. 2007. What lies beneath? The experiential essence of entrepreneurial thinking. Entrepreneurship Theory and Practice 5 (1): 125–158.

Krueger N. F., Carsrud A. L. 1993. Entrepreneurial intentions: Applying the theory of planned behavior. Entrepreneurship and Regional Development 5 (4): 315–330.

Krueger N. F., Deborah Jr., Brazeal V. 1994. Entrepreneurial potential and potential entrepreneurs. Entrepreneurship Theory and Practice 18 (3): 91–104.

Krueger N. F., Reilly M. D., Carsrud A. L. 2000. Competing models of entrepreneurial intentions. Journal of Business Venturing 5 (5–6): 411–452.

Lеvesque M., Minniti M. 2006. The effect of aging on entrepreneurial behavior. Journal of Business Venturing 21 (2): 177–194.

Liñán F. 2008. Skill and value perceptions: How do they affect entrepreneurial intentions. International Entrepreneurship and Management Journal 4 (5): 257–272.

Liñán F., Krueger N., Nabi G. 2013. British and Spanish entrepreneurial intentions: A comparative study. Revista de Economía Mundial 33: 73–103.

Liñán F., Santos F. J. 2007. Does social capital affect entrepreneurial intentions? International Advantages In Economic Research 13: 443–453.

Minniti M. 2010. Female entrepreneurship and economic activity. European Journal of Development Research 22 (3): 294–312.

Minniti M., Nardone C. 2007. Being in someone else’s shoes: The role of gender in nascent entrepreneurship. Small Business Economics 28 (2–3): 223–238.

Mueller S. L; Goić S. 2002. Entrepreneurial potential in transition economies: A view from tomorrow’s leaders. Journal of Developmental Entrepreneurship 7 (4): 399–414.

Mueller S. L., Thomas A. S. 2001. Culture and entrepreneurial potential: A nine country study of locus of control and innovativeness. Journal of Business Venturing 16 (1): 51–75.

Peterman N. E., Kennedy J. 2003. Enterprise education: Influencing students perceptions of entrepreneurship. Entrepreneurship Theory and Practice 28 (2): 129–144.

Radaev V. 2005. Establishing trust in a distrustful society: The case of Russian business. In: Hohmann H., Welter F. (eds). Trust and Entrepreneurship: A West–East Perspective. Edward Elgar: Cheltenham, UK; 114–135.

Sequeira J., Muller S. L., McGee J. E. 2007. The influence of social ties and self-efficacy in forming entrepreneurial intentions and motivating nascent behavior. Journal of Developmental Entrepreneurship 12 (3): 275–293.

Schmidt P., Tatarko A., Amerkhanova N. A. 2013. Entrepreneurial Intention, Values, and the Reasoned Action Approach: Results From a Russian Population Survey. Working papers by National Research University Higher School of Economics. Series WP BRP “Basic research program”. No. 12.

Shapero A., Sokol L. 1982. The social dimensions of entrepreneurship. In: Kent C., Sexton D., Vesper K. H. (eds). The Encyclopedia of Entrepreneurship. Prentice-Hall: Englewood Cliffs, NJ; 72–90.

Tatarko A. 2013. Is Individual Social Capital Linked to the Implementation of Entrepreneurial Intentions? Working papers by National Research University Higher School of Economics. Series WP BRP “Basic research program”. No. WP BRP 25/SOC/2013.

Thompson J. L. 2004. The facets of the entrepreneur: Identifying entrepreneurial potential. Management Decision 42 (2): 243–258.

Tkachev A., Kolvereid L. 1999. Self-employment intentions among Russian students. Entrepreneurship & Regional Development 11 (3): 269–280.

Vaillant Y., Lafuente E. 2007. Do different institutional frameworks condition the influence of local fear of failure and entrepreneurial examples over entrepreneurial activity? Entrepreneurship & Regional Development 19 (4): 313–337.

Webb J. W., Ireland R. D., Ketchen D. J. 2014. Toward a greater understanding of entrepreneurship and strategy in the informal economy. Strategic Entrepreneurship Journal 8 (1): 1–15.


The List of References in Cyrillic Transliterated into Latin Alphabet

Verkhovskaya O. R., Dorokhina M. V. 2013. Predprinimatel’skie firmy i sozdanie novykh rabochikh mest v Rossii: empiricheskie svidetel’stva. Rossijskij zhurnal menedzhmenta 11 (1): 19–40.

Verkhovskaya O. R., Dorokhina M. V., Sergeeva А. V. 2014. Global’nyj monitoring predprinimatel’stva. Rossiya 2013. Natsional’nyj otchet. S.-Peterburg. Dostup: http://www.gsom.spbu.ru/images/cms/data/faculty/gem_2013_final20_all.pdf

Zaslavskaya T. I. 1995. Biznes-sloj rossijskogo obshhestva: sushhnost’, struktura, status. Obshhestvennye nauki i sovremennost’ (1): 17–32.

Kuzminov Ya. I., Smirnov S. N., Shkaratan O. I., Yakobson L. I. 1999. Rossijskaya ehkonomika: Usloviya vyzhivaniya, predposylki razvitiya. Voprosy ekonomiki (7): 15–25.

Radaev V. V. 2003. Sotsiologiya rynkov: k formirovaniyu novogo napravleniya. M.: Izdatel’skijdom GU–VSHE.

Published

2015-07-23

How to Cite

Aleksandrova, E. A., & Verkhovskaya, O. R. (2015). Entrepreneurial Intentions In Russia: An Empirical Study. Russian Management Journal, 13(2), 3–28. Retrieved from https://rjm.spbu.ru/article/view/178

Issue

Section

Theoretical and Empirical Studies