Academic literature on the topic 'Total early stage entrepreneurial activity (TEA)'

There is a need to evaluate entrepreneurial education programs (EEPs) to see the impact they have on a country’s development. Previous work has focused mostly on entrepreneurial intentions, mainly in a university context. Additionally, literature reviews on the impact of entrepreneurial education have not yet been conclusive, mainly due to the use of subjective indicators and a low consideration of objective indicators. The purpose of this article is to respond to some of these challenges. Specifically, this study used an objective indicator, Total Early-Stage Entrepreneurial Activity (TEA), in a non-university context. A database was created that included programs categorized by autonomous communities. The analysis showed that EEPs significantly influenced the entrepreneurial activity of autonomous communities. This implies that entrepreneurial education should be a prioritized objective in the educational policy of these communities. The recommendations derived from these results are, among others, to promote role models, continue supporting the financing of entrepreneurial initiatives through education and training, continue implementing government policies to support entrepreneurship, and carry out evaluations on the impact that these programs have on skills acquired in the short and medium terms, as well as their maintenance over time.

Drawing on institutional theory and using a methodology adapted from the Global Entrepreneurship Monitor (GEM), early stage entrepreneurial activities are examined within American Indian nations. Examining a context within a larger institutional context, comparisons are made between three American Indian nations and the United States. Patterns are identified regarding total entrepreneurial activity (TEA), nascent entrepreneurship, business discontinuation and new and established business rates. Additional analyses are conducted of individual-level variables within American Indian nations including location, self-efficacy and other variables in relation to nascent entrepreneurship and business ownership. Implications are drawn for tribal entrepreneurship development and further extension of the GEM methodology.

Objective: The aim of this research is to identify which are the internal factors that lead senior (+55 years) to entrepreneurship in Chile and its comparison with a selected group of Latin American countries. Methodology: To achieve the previous goal, the analysis is based on the Adult Population Survey of the Global Entrepreneurship Monitor (GEM) of 2016 and uses a logistic regression model applying different variables on the TEA (Total early-stage Entrepreneurial Activity). Results: The research shows that occupation, level of education, age, knowledge of other entrepreneurs and the entrepreneur’s confidence in their own skills are key variables. Limitations: These study does not consider the external perspective, which reflects how the environment influences entrepreneurial intentions. Practical implications: Based on these results, governments can better understand what factors they should consider when configuring policies to support entrepreneurial activity in this demographic sector. Furthermore, this work contributes to the development of knowledge about senior entrepreneurship in the country and to the identification of best practices to be used in other countries.

Introduction: The extent of new enterprise creation is a key driver contributing to economic, social, individual, and cultural values. Given a relatively low rate of Total Early-stage Entrepreneurial Activity (TEA) in Germany, an understanding of the predictors of adolescent entrepreneurial career preferences is critical in developing ways to foster the interest of young people in entrepreneurship. Although the late precursors of the intention to become self-employed are largely understood, only a few studies have investigated which early individual-level factors affect the subjective probability of becoming an entrepreneur. Objective: The objective of the current study is to identify and statistically examine personality factors that affect the subjective probability of adolescents becoming entrepreneurs. Methods: Based on the German Socio-Economic Panel, we employed logistic regression to research the dependence of the variable “probability of becoming self-employed” on independent variables such as gender, locus of control (LoC), and personality traits for German adolescents aged between 16–17 years. Results: The study reveals a positive influence of the personality traits conscientiousness, extraversion, and LoC on the probability of being self-employed for German adolescents aged between 16–17 years. Agreeableness and neuroticism were found to have no significant effect on the subjective probability of adolescents becoming entrepreneurs, and openness was found to have no significant impact on high likelihood of being self-employed. For adolescents, being female has a significant impact only on a medium probability to be self-employed. Conclusion: To the current body of personality models explaining early adolescent entrepreneurial career preferences, we contribute a model which refers to a representative sample of adolescents in German society.

Declining entrepreneurship as indicated by low total early-stage entrepreneurial activity (TEA) and high business failure is unacceptable in any economy. This predicament is indicative of South Africa’s business environment as well as the entrepreneurial disposition of firms operating within it. However, the factors precipitating entrepreneurial behaviour among small firms are yet to be fully comprehended and the environment as a motivation for entrepreneurship among these firms is yet to be examined thoroughly. Furthermore, research focus on the antecedents of entrepreneurial orientation (EO) is limited, even as EO has been considered as an aggregated construct repeatedly with inadequate attention directed at its independent constituents. In response to these concerns, this study investigates the relationships between environmental hostility (EH) and the individual components of EO among small businesses in South Africa. Using a quantitative methodological approach, the study conducts a survey, and analyses data obtained through random sampling. Through exploratory factor analysis (EFA) and partial least square structural equation modelling (PLS-SEM), it is discovered that only four components of EO are statistically recognisable, contrary to five as widely acknowledged in literature. Positive associations were also revealed between EH and each of these dimensions to varying degrees. These findings underline the necessity for entrepreneurial action along the lines of risk-taking, proactive-innovativeness, competitive aggressiveness and autonomy among small businesses in South Africa, given the hostile environment of her small business sector.

<p>This study examines the validity of governmental supports and policies; and financing for entrepreneurs in the context of global entrepreneurial activities. Our studies are based on the rich datasets of the Global Entrepreneurship Monitor (GEM) database covering 108 countries from 2001 to 2014. In this study, we examine whether countries with more favorable policies and supports towards entrepreneurship and availability of financing for entrepreneurs would result in the higher country’s entrepreneurial activities.</p><p>We use total early-stage entrepreneurial activity (TEA), a percentage of 18 - 64 year old population who are either a nascent entrepreneur or an owner manager of a new business, as our dependent variable to represent country’s entrepreneurial activities. There are two main explanatory variables used in the study: governmental supports and financing for entrepreneurs. The governmental supports represents the extent to which public policies support entrepreneurship as a relevant economic issue, while financing for entrepreneurs indicates the availability of financial resources for small and medium enterprises (SMEs) including grants and subsidies. We also include three control variables of basic school entrepreneurial education and training; physical and services infrastructure; and cultural and social norms to test the significance of these factors to the country’s entrepreneurial activities.</p><p>This study adopts panel regression model augmented with control variables. We favor Random Effect model as opposed to Fixed Effect or Pooled OLS model as Hausman and Breusch–Pagan test suggest. Our results suggest that there is no evident that government supports have significant contribution to country’s entrepreneurial activities. In other words, entrepreneurial activities are more flourished in a country that has not set entrepreneurship as relevant economic issues as it might be the case for many emerging countries. The availability of formal financial resources is significant to the country’s entrepreneurships, but with a negative sign. It could be interpreted that in some countries many new start-ups and entrepreneurs seem to have a greater reliance to informal financing of 4Fs (Founders, Family, Friends and Foolhardy investors) instead of formal channels i.e. government grant and subsidies, venture capital or strategic partners. A country with cultural and social norms that encourage citizens to new business activities also has greater number of entrepreneurships. However, we found no evident that entrepreneurial education and training at basic school; and ease access to infrastructure are significantly affecting entrepreneurial activities in a country.</p>

Entrepreneurship has been pointed out as a key contributor to sustained economic growth and development as it not only creates employment, but increased spending in markets, knowledge transfers, employment and innovation. However, very few studies exist that empirically measures the relationship between the three variables; economic growth, economic development and entrepreneurship. Therefore, the purpose of this study is to determine and highlight the importance of entrepreneurship as a contributing factor to economic growth and development. Traditionally, economic growth is measured by the gross domestic product (GDP) of a country. As no formal measurement of economic development exists, an index was created taking into consideration the Human Development Index (HDI), percentage population above the poverty line and employment rate. The entrepreneurship development variable is measured by the Total Early-Stage Entrepreneurial Activity (TEA). The study followed a quantitative research design and made use of secondary time series data with the sample period ranging from 2005 to 2016. The study area comprised five selected member states of the European Union (EU) which included Germany, the Netherlands, Hungary, Belgium and Poland. Findings suggest that economic growth, development and entrepreneurship seem to be inexplicably connected. As several other factors may also contribute to the fluctuations of economic growth and development results differed from one country to another. However, the analyses from the Dutch, Hungarian and Polish economies for the period under consideration reveal correspondingly healthy economic and social environments where entrepreneurial climates are flourishing. The analysis from Germany and Belgium, however reveal subdued entrepreneurial development. Based on these findings, it is recommended that the development of SME sectors especially in transition economies be centralised as important focus areas towards improving economic and social growth outlooks. In turn, policy stakeholders should ensure the creation of enabling environments structured around responsive micro and macro decision-making.

Although South Africa achieved positive economic growth rates since the advent of democracy in 1994, the formal sector has not been able to absorb the annual increasing number of job-seekers on the market and solve the unemployment problem. The exercise of entrepreneurship, through business formations and expansions, is regarded as a vehicle for job creation and output expansion. According the Global Entrepreneurship Monitor (GEM) reports, South Africa’s level of early stage total entrepreneurial activity (TEA) is rather low relative to other countries at a similar level of development. This is partly owing to skills and resource limitations. If more individuals could realistically be exposed to practical entrepreneurship education at the secondary school level, South Africa’s base for entrepreneurial capacity can be enhanced. This study uses quasi logistic regression to examine the probability of secondary school learners, in Pietermaritzburg, the capital of Kwazulu-Natal province in South Africa, to start their own business in the future. It also probes the association between the socio-economic attributes of these learners and entrepreneurship. On the basis of a survey of 275 senior school learners from 5 schools, the regression results indicate that gender, ethnic background and having a role model as well as acquiring personal skills to run one’s own business are significant factors influencing an individual’s propensity to venture into small firm self-employment in the future. Black learners are perceived to have a significantly greater disposition to enter into business than other groups, and male scholars are found to have a greater probability of starting their own business than female. As potential entrepreneurs do not necessarily come exclusively from a business family background, the supply of effective entrepreneurship can be augmented, if more young individuals with the relevant skills endowment can start opportunity firms and necessity ventures.

Even though young people do not have enough work experience and skills, there is no doubt that they are an important source of the economic growth. However, the integration of young individuals to the labor market faces difficulties because of the missing experience, so one of the tools used to integrate them easily in the market has been entrepreneurship. In the last decade the concept ‘entrepreneurship’ and ‘entrepreneur’ have become very popular especially among youth. Studies show that young people are becoming interested in start-up businesses because they think about what they can do for themselves instead of what the government can do for them. The aim of this paper is to identify the relationship of entrepreneurship with youth unemployment in transition and Middle East and North Africa (MENA) countries for the period 2008 – 2016. An econometric analysis of panel data for the 33 countries is executed in Stata 12, to identify whether entrepreneurship can be used as a tool to decrease youth unemployment. There is no universal method to measure entrepreneurship, so data collected from different countries can bring incorrect results. In order to avoid incorrectness and misleading results we use TEA (total-early stage entrepreneurial activity) for entrepreneurship, from the Global Entrepreneurship Monitor, which uses the same methodology for data collection in every country. This study proves the theories from the literature review stating that young people have ambitions and are interested in starting their own business.

The article deals with the problems of small and medium entrepreneurship (SME) in Germany, its role in the country’s economy. It reveals the mechanism of interaction of government structures, political parties, business alliances and the expert community in formulating and carrying out policies aimed at supporting SME. It shows that real business conditions in Germany differ substantially from what is usually offered to potential investors in advertising brochures. The Total Early-Stage Entrepreneurial Activity Index (TEA-Quote) puts Germany far behind its competitors. For several consecutive years the number of liquidated small and medium enterprises has been higher than that of newly created ones. Germany’s new generation prefers to seek jobs in big companies or in the civil service. Germany seems to have lost the Gründer spirit. Entrepreneurs complain about the great number of bureaucratic procedures, the growing shortage of skilled workforce, high electricity prices, and difficulties in accessing bank credits for micro and small enterprises. An underdeveloped market of venture capital has been a drag on innovative startups. A successful cluster policy, which gave a new impulse to the development of several territories, has not offset serious shortcomings in the country’s entrepreneurial climate. While not dramatizing the situation, the author considers as mistaken a common point of view found in Russian publications. This point of view holds that framework conditions for business in Germany constitute a near-ideal model, which leads to success as long as it is copied faithfully. The article analyses public discussion in Germany about the problems of SMEs, complains of small and medium business against the authorities. The key provisions of the government strategy to develop small and medium business adopted in 2019 and a cessionary package to mitigate damage of the coronavirus outbreak on the German economy adopted in 2020 are reviewed. The main conclusion of the author is that the German experience should be treated selectively, taking into account overall internal political, economic and social conditions under which the German policy of supporting SMEs is designed. The strengths of this policy lie in its systemic nature and a commitment to align it with industrial, innovative, social, research, and educational policies.

The study investigates the prevalence of Push motivation factors and Pull motivation factors on Total Early-Stage Entrepreneurial Activity (TEA) in the Built Environment sector. The study also seeks to establish if AjzenÕs Theory of Planned Behaviour is a suitable model for predicting Entrepreneurial Intentions (EI) within the Built Environment sector as well as measures Entrepreneurial Intentions amongst the respondents. The research design employed for this study was quantitative, exploratory and deductive. Structured and validated questionnaires were created and distributed from the survey monkey e-platform, to entrepreneurs providing professional services within the Built Environment sector. The study targeted a total of 130 responses. Feedback was received from a total of 80 respondents, with a total of 63 usable responses. Existing research argues that push motivation factors are significant drivers of TEA in developing countries. The study has determined the following in regard to the Built Environment sector. AjzenÕs Theory of Planned Behaviour (TBP) can be utilised to predict Entrepreneurial Intention (EI); Entrepreneurial Intention (EI) can be considered a precursor for choosing selfemployment for Built Environment professionals; and Pull motivation factors, measured in the form of job-satisfaction, are more prevalent than Push motivation factors, measured in the form of pre-entrepreneurial jobdissatisfaction. Outcomes from this study are fundamental in addressing the challenge of limited TEA within the professional services sector. The limitations of the study presented in section 7.4, in particular, not being able to generalize the findings into the greater population, present an opportunity for future research. This study presents an opportunity to reconstitute the research to focus on Entrepreneurial Intention (EI) and its antecedents.
Mini Dissertation (MBA)--University of Pretoria, 2017.
za2018
Gordon Institute of Business Science (GIBS)
MBA
Unrestricted

Mestrado em Ciências Empresariais
Devido à elevada complexidade reconhecida no processo de criação e desenvolvimento de um negócio empreendedor, são já muitos os estudos que procuram responder à grande questão: o que potencia ou estimula verdadeiramente a ação empreendedora? Sabendo que os comportamentos adotados pelo indivíduo são influenciados ou condicionados pela Cultura Nacional do seu país, seria de antecipar que esta poderá representar um significativo preditor da Atividade Empreendedora (AE). Assim, o objetivo deste trabalho foi analisar e aferir em que medida ou em que condições a Cultura Nacional influencia os níveis de AE de cada país. Tendo como base o trabalho científico Global Leadership and Organizational Behavior Effectiveness (GLOBE) que caracteriza as sociedades tendo em conta 9 Dimensões Culturais, e utilizando os dados relativos à Total early-stage Entrepreneurial Activity (TEA) do Global Entrepreneurship Monitor (GEM), confirmou-se neste estudo uma relação significativa entre a Cultura Nacional e a AE. Culturas caracterizadas por: elevada Uncertainty Avoidance (Aversão à Incerteza) e Power Distance (Distância ao Poder), fraco In-group Collectivism (Coletivismo de Grupo) e elevada Performance Orientation (Orientação para a Desempenho) e Humane Orientation (Orientação Humana), potenciam o crescimento da AE. Pretendeu-se também analisar se esta relação significativa se verifica quando a motivação para empreender é justificada pela Necessidade (Necessity-Driven Entrepreneurial Activity). Neste caso, os resultados demonstram que a relação entre as Dimensões Culturais são ainda mais significativas, agregando a relação significativa com mais duas dimensões, elevada Institutional Collectivism (Coletivismo Institucional) e fraca Future Orientation (Orientação para o Futuro).
Due to the high recognized complexity in the process of creation and development of an entrepreneurial business, there are many studies seeking to answer the big question: what truly potentiates or stimulates the entrepreneurial action' Knowing that the behaviors adopted by the individual are influenced or conditioned by its country National Culture, it would be predictable that it can represent a significant predictor of the Entrepreneurial Activity (EA). So, the purpose of this study was to analyze and check in what dimension or in what conditions, the National Culture influences the levels of EA from each country. Based on the scientific work Global Leadership and Organizational Behavior Effectiveness (GLOBE), which characterizes societies base on 9 Cultural Dimensions, and using the data related to the Total early-stage Entrepreneurial Activity (TEA) of Global Entrepreneurship Monitor (GEM), it was confirmed on this study a meaningful relationship between the National Culture and the EA. Cultures characterized by: high Uncertainty Avoidance and Power Distance, weak In-group Collectivism and high Performance Orientation and Humane Orientation, enhance the growth of EA. It was also intended to analyze if this meaningful relationship was confirmed, when the entrepreneurship motivation is justified by the Need (Necessity-Driven Entrepreneurial Activity). In this case, the results show that the relationship between the Cultural Dimensions are even more significant, adding a meaningful relationship with two more cultural dimensions, high Institutional Collectivism and weak Future Orientation.

Mestrado em Ciências Empresariais
O empreendedorismo é reconhecido como um processo dinâmico e complexo, que resulta da combinação de um conjunto de fatores. Vários estudos sugerem que a Liberdade Económica (LE) representa um dos fatores que explicam os níveis de Atividade Empreendedora (AE) dos diferentes países. Assim sendo, o objetivo do presente trabalho passa por avaliar em que medida a LE afeta ou estimula a AE nacional e internacional de cada país. Tendo como referência o Index of Economic Freedom (IEF), que mede o grau de LE presente em cada país do mundo, com base em 10 componentes, e utilizando os dados relacionados com o indicador Total early-stage Entrepreneurial Activity (TEA), do Global Entrepreneurship Monitor (GEM), neste estudo foi identificada uma relação significativa entre alguns dos componentes de LE e a AE. Países caracterizados por: elevada LE (no global), Liberdade Financeira, com elevados Gastos do Governo e fracas Liberdade Fiscal, Empresarial e de Comércio favorecem o aumento da AE. Outro dos objetivos passa por perceber se esta relação se mantém, quando a motivação para empreender é internacional (International Orientation early-stage Entrepreneurial Activity). Os resultados demonstram que os países que impulsionam a AE de orientação internacional são caracterizados por uma forte proteção dos Direitos de Propriedade, Gastos do Governo baixos e uma elevada Liberdade Empresarial, do Comércio, e do Investimento.
Entrepreneurship is recognized as a dynamic and complex process that is influenced by several factors. Many studies suggest that Economic Freedom (EF) represents one of the factors that explain the Entrepreneurial Activity levels (EA) of different countries. So, the purpose of this study is to assess in what dimension the EF affects or stimulates national and international EA of each country. Based on the Index of Economic Freedom (IEF), which measures the degree of EF in the world?s nations through 10 components, and using the data related to the Total early-stage Entrepreneurial Activity (TEA) of Global Entrepreneurship Monitor (GEM), it was identified in this study a meaningful relationship between some of the EF components and EA. Countries characterized by: high EF (in general), Financial Freedom, with high Government Spending and a weak Fiscal Freedom, Business Freedom and Trade Freedom enhance the growth of EA. This study also aims to realize if this meaningful relationship is confirmed when entrepreneurship motivation is internationally oriented (International Orientation early-stage Entrepreneurial Activity). The results show that countries that increase the International Orientation EA are characterized by a high protection of Property Rights, low Government Spending and high Business Freedom, Trade Freedom, and Investment Freedom.

Different researchers and governments globally have recognised the importance of entrepreneurship in economic growth and job creation. In addition, entrepreneurial activity is crucial, locally and globally. Furthermore, the Global Entrepreneurship Monitor (GEM) recognises the contribution of entrepreneurial activity to economic growth and measures it by means of the total early stage entrepreneurial activity index (TEA). Since the TEA in South Africa is very low, the need exist for an investigation into the reasons thereof. GEM uses the entrepreneurial conditions such as entrepreneurial finance, government policies, government programmes, entrepreneurial education, research and development transfer, commercial and legal infrastructure for entrepreneurship, internal market openness and cultural and social norms to measure entrepreneurial activity. Viewing the different entrepreneurial conditions, education is recognised as one of the largest inhibiters of entrepreneurship since 2001. In this study an investigation on education in South Africa was conducted. The goal of this study was to enhance selected entrepreneurial competencies of grade 11 learners in Business Studies. The literature study indicated that various entrepreneurship views and definitions exist. The focus of this study is on the individual characteristics of the entrepreneurs. The literature study also indicated that different terms exist to describe these individual characteristics of the entrepreneurs. For the purpose of this study the term competency was used. Thirdly the literature study also showed that various entrepreneurial competencies exist. A selection needed to be done and by using the curriculum of Business Studies, grades 10 – 12 only certain competencies were selected. The following entrepreneurial competencies are used in this study: problem solving, creativity, flexibility, risk-taking, goal orientation, planning, teamwork, communication, self-confidence and capacity to learn. In this study a multi-method research design was used. Both quantitative and qualitative research methods were used. An intervention took place with an experimental (23 learners) and control group (24 learners). Firstly the experimental group was exposed to the intervention with the control group attending normal classes. After the completion of the intervention on the experimental group the roles were changed. The intervention of each group consisted of 24 days (28 sessions of between 35 and 43 minutes). In the quantitative research three tests were used to determine the possible enhancement of the selected entrepreneurial competencies. Both the experimental and control group were exposed to the three tests. In the qualitative research observations and interviews were used to measure the possible enhancement of the entrepreneurial competencies. Learners from both the experimental and control group were used in the interviews. The results of the quantitative and qualitative research clearly show an enhancement of entrepreneurial competencies of the learners. Furthermore, the effectiveness of the proposed framework is clearly highlighted. The use of the proposed framework will assist teachers in linking the theory (textbook) and practice (operations of the business in the simulation). In addition, the teacher can expose the learners to entrepreneurial competencies and therefore develop and enhance it. Another advantage is that this teaching approach can be included in the normal Business Studies classes without any interruption of normal school activities. A limitation of the study is the period of the intervention. A recommendation is that the proposed strategy for the enhancement of entrepreneurial can be used through out the academic year for the enhancement of entrepreneurial competencies. This will ensure that the entrepreneurial competencies are focussed on continuously and learners are empowered in this regard. With this study the researcher attempted to address the challenges in education in South Africa through the enhancement of entrepreneurial competencies and thus to address the low TEA.
PhD (Entrepreneurship), North-West University, Potchefstroom Campus, 2014

The direct relationship between national cultural practice and entrepreneurship activities is analyzed in this chapter, based on the analysis of 44 countries. Datasets from 2012 and 2013 Global Entrepreneurship Monitor (GEM) report are used to characterize three types of entrepreneurship: early-stage entrepreneurial activity (TEA); necessity-driven entrepreneurship (NDE) and opportunity-driven (ODE) entrepreneurship. Data sets on national cultural values are used to analyze five dimensions of Hofstede's work on cultural values (power distance, individualism/collectivism, masculinity/femininity, long/short term orientation, and uncertainty avoidance). For that, the authors use the Values Survey Module 2013, which has been adapted from Hofstede's previous work from 2010 and 2008. The main conclusion is that the three types of entrepreneurship analyzed in this chapter are differently explained by the cultural and expanded models. If the country of origin and the type of economy are useful to explain TEA, they are of no added value to explain necessity-driven or opportunity-driven entrepreneurship.

Our paper aims to investigate how the changes in macroeconomic conditions and the quality of insti-tutions affect the level of entrepreneurial activity in 18 European Union countries, over the period 2002–2016. Using panel-data estimation techniques, we alternatively analyzed the effects of some macroeconomic and institutional framework related factors (in particular, the quality of institutions) on entrepreneurial activity level, proxied by the total early-stage entrepreneurial activity rate, nascent entrepreneurship rate, and new business ownership rate. The results of our empirical analysis show that the economic situation of EU countries and the quality of institutions (reflected in our study through competitiveness, economic freedom, and governance quality) have a significant effect on early-stage entrepreneurs and for some variables the sign of the relationship depends on the age of the business. Our findings may be of interest to policy makers in developing effective policies contributing to enhancing the entrepreneurial capacity in different countries.