The influence of the perceptions of institutional environment on entrepreneurial plans: exploring the moderating effects of firm age and firm size in Bulgarian enterprises
The influence of the perceptions of institutional environment on entrepreneurial plans: exploring the moderating effects of firm age and firm size in Bulgarian enterprises
Author(s): Zhelyu Vladimirov, Tsvetan Davidkov, Desislava YordanovaSubject(s): Economy, Business Economy / Management
Published by: ТОВ “Консалтингово-видавнича компанія “Ділові перспективи”
Keywords: Bulgaria; entrepreneurial plans; formal and informal institutions; moderating effects;
Summary/Abstract: It was acknowledged that institutional environment plays important role for shaping entrepreneurial behavior in transition economies. The present study investigates the influence of entrepreneurs’ perceptions of institutional environment on their entrepreneurial plans in a large representative sample from a transition economy. The findings reveal that institutional environment has a significant influence on entrepreneurial plans and that firm age and size moderate the effect of institutional environment on entrepreneurial plans. The paper provides recommendations for future research and a discussion of practical implications.
Journal: Problems and Perspectives in Management
- Issue Year: 15/2017
- Issue No: 1(cont)
- Page Range: 175-182
- Page Count: 8
- Language: English