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First published January 2005

Politico–Economic Factors Associated with Interest in Starting a Business: A Multi–Country Study

Abstract

In this article, we study the constructs of perceived environmental munificence and carrying capacity as they relate to potential for starting a business in samples taken from thirteen Anglo–Saxon, East Asian, and South Asian countries. Seven politico–economic dimensions represent perceived munificence and carrying capacity: financing available, supportive government regulation, market opportunities, access to support services, supply of skilled labor, connections needed, and competitive conditions. Perceived market opportunities, supply of skilled labor, and supportive government regulation (negatively) relate most consistently to start–up feasibility and desirability in the full sample. In regional subsamples, the only dimensions to associate with both feasibility and desirability are market opportunities in Anglo–Saxon countries and supply of skilled labor in South Asia.

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Article first published: January 2005
Issue published: January 2005

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Authors

Affiliations

Thomas M. Begley
Northeastern University and University College Dublin.
Wee-Liang Tan
Singapore Management University.
Herbert Schoch
Macquarie University.

Notes

We would like to thank Andreas Budihardjo, Adith Cheosakul, Dae–Yong Chung, André Everett, Steven Kan, Fred Kiesner, Wayne Long, Gunapala Nanayakkara, Abdul Rab, Covadonga Villa, and Elvira Zamora for their help with data collection. We also thank associate editor Per Davidsson and the anonymous reviewers for their valuable guidance. Partial funding for this research was received from the Entrepreneurship Development Center at the Nanyang Business School, Nanyang Technological University, Singapore.

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