Moving on from nascent entrepreneurship:measuring cross-national differences in the transition to new business ownership

Bergmann, Heiko and Stephan, Ute (2013). Moving on from nascent entrepreneurship:measuring cross-national differences in the transition to new business ownership. Small Business Economics, 41 (4), pp. 945-959.

Abstract

Nascent entrepreneurship and new business ownership are subsequent stages in the entrepreneurial process. We illustrate how information from the largest internationally harmonized database on entrepreneurship, the Global Entrepreneurship Monitor project, can be used to approximate the entrepreneurial process. We make a methodological contribution by computing the ratio of new business ownership to nascent entrepreneurship in a way that reflects the transition from nascent to new business ownership and provides cross-nationally comparable information on the efficiency of the entrepreneurial process for 48 countries. We report evidence for the validity of the transition ratio by benchmarking it against transition rates obtained from longitudinal studies and by correlating it with commonly used entrepreneurship indicators and macro-level economic indices. The transition ratio enables future cross-national research on the entrepreneurial process by providing a reliable and valid indicator for one key transition in this process.

Publication DOI: https://doi.org/10.1007/s11187-012-9458-4
Divisions: Aston Business School > Economics finance & entrepreneurship
Aston Business School
Additional Information: The final publication is available at link.springer.com
Uncontrolled Keywords: entrepreneurial process,nascent entrepreneurship,transition ratio,birth rate,global entrepreneurship monitor,panel study of entrepreneurial dynamics
Full Text Link: http://link.spr ... 1187-012-9458-4
Related URLs: http://www.scop ... tnerID=8YFLogxK (Scopus URL)
Published Date: 2013-12
Authors: Bergmann, Heiko
Stephan, Ute ( 0000-0003-4514-6057)

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