2 research outputs found
Comparison of perceived barriers to entrepreneurship in Eastern and Western European countries
This qualitative study among 591 business students from four
European countries investigated cross-country differences in the kind of
barriers people perceive to business start-up. In line with institutional theory,
the most important perceived barriers in all countries related to regulative
structures (lack of money) and cognitive conditions (lack of skills). Normative
structures, defined as national culture, did not explain cross-country differences
in perceived risk as start-up barrier. In Norway and The Netherlands, students
reported risk perceptions more often than in Romania and Russia, whereas the
latter countries are known to be more uncertainty avoidant. These results aid in
developing a theory of entrepreneurial barriers, which could be used to extend
current entrepreneurial intentions theories in order to predict actual start-up
behaviour better. Concerning practical implications, results indicate that
business start-up can be stimulated through improving regulative and cognitive
institutional structures, but national differences need to be taken into account