Individual‐Level Resources and New Business Activity: The Contingent Role of Institutional Context

28 Pages Posted: 16 Mar 2013

See all articles by Dirk De Clerq

Dirk De Clerq

Brock University - Faculty of Business

Dominic S. K. Lim

Brock University - Faculty of Business

Chang Hoon Oh

Simon Fraser University (SFU) - Beedie School of Business

Date Written: March 2013

Abstract

This study considers the relationship between people's access to resources and their likelihood to start a new business, and particularly how this relationship might be moderated by formal and informal institutions. Individual‐level resources might be more potent for new business creation in countries with financial and educational systems that are more oriented toward entrepreneurship, higher levels of trust, and cultures that are less hierarchical and conservative. The hypotheses are tested by undertaking random‐effects multilevel analyses of a multi‐source data set that spans a 5‐year time period (2003–2007). The study's findings offer important implications for research and practice.

Suggested Citation

De Clercq, Dirk and Lim, Dominic S. K. and Oh, Chang Hoon, Individual‐Level Resources and New Business Activity: The Contingent Role of Institutional Context (March 2013). Entrepreneurship Theory and Practice, Vol. 37, Issue 2, pp. 303-330, 2013. Available at SSRN: https://ssrn.com/abstract=2234308 or http://dx.doi.org/10.1111/j.1540-6520.2011.00470.x

Dirk De Clercq (Contact Author)

Brock University - Faculty of Business ( email )

St. Catharines, Ontario L2S 3A1
Canada

Dominic S. K. Lim

Brock University - Faculty of Business ( email )

St. Catharines, Ontario L2S 3A1
Canada
9066885550 ext 5595 (Phone)

Chang Hoon Oh

Simon Fraser University (SFU) - Beedie School of Business ( email )

8888 University Drive
Burnaby, British Colombia V5A 1S6
Canada

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