TY - JOUR
T1 - Institutional environment and entrepreneurial cognitions
T2 - A comparative business systems perspective
AU - Lim, Dominic S.K.
AU - Morse, Eric A.
AU - Mitchell, Ronald K.
AU - Seawright, Kristie K.
PY - 2010/5
Y1 - 2010/5
N2 - In this study, we investigate the relationship between institutional elements of the social environment and entrepreneurial cognitions, which lead to the individual's venture creation decision. Employing a sample of 757 entrepreneurs and non-entrepreneurs from eight countries we examine the extent to which institutions influence venture creation decisions, where entrepreneurial expert scripts act as a mediator. Results show that various institutional elements, such as legal and financial systems, affect venture arrangements and willingness scripts. Venture arrangements scripts, in turn, have the most significant impact on an individual's venture creation decision.
AB - In this study, we investigate the relationship between institutional elements of the social environment and entrepreneurial cognitions, which lead to the individual's venture creation decision. Employing a sample of 757 entrepreneurs and non-entrepreneurs from eight countries we examine the extent to which institutions influence venture creation decisions, where entrepreneurial expert scripts act as a mediator. Results show that various institutional elements, such as legal and financial systems, affect venture arrangements and willingness scripts. Venture arrangements scripts, in turn, have the most significant impact on an individual's venture creation decision.
UR - http://www.scopus.com/inward/record.url?scp=77953252851&partnerID=8YFLogxK
U2 - 10.1111/j.1540-6520.2010.00384.x
DO - 10.1111/j.1540-6520.2010.00384.x
M3 - Article
AN - SCOPUS:77953252851
SN - 1042-2587
VL - 34
SP - 491
EP - 516
JO - Entrepreneurship: Theory and Practice
JF - Entrepreneurship: Theory and Practice
IS - 3
ER -