In:
Management Decision, Emerald, Vol. 59, No. 5 ( 2021-05-20), p. 1158-1178
Abstract:
This article analyses the new venture creation by patient innovators in 40 countries examining the effects of the four macro-level factors on entrepreneurship, adding a fifth sector-specific (healthcare) factor. Design/methodology/approach By applying the statistical tool of principal component analysis, we find a clustering behavior of health user entrepreneurs across countries, indicating that common macro-level conditions affect this phenomenon in a nonlinear way. Findings Healthy user innovators are more likely to become entrepreneurs in those countries where creativity, economic opportunities and business environment are increasing from the lower level until a certain threshold. After that level, user entrepreneurship seems to be not relevant. Originality/value We contribute to the extant literature about macro-level determinants of entrepreneurship by exploring how much such conditions impact on the decision to create new firm by user innovators.
Type of Medium:
Online Resource
ISSN:
0025-1747
DOI:
10.1108/MD-10-2019-1427
Language:
English
Publisher:
Emerald
Publication Date:
2021
detail.hit.zdb_id:
2023018-7
SSG:
3,2
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