The role of the entrepreneur in new technology-based firms (NTBFs)An analysis according to context development

  1. Guillermo Andrés ZAPATA HUAMANÍ 1
  2. Sara FERNÁNDEZ LÓPEZ 1
  3. Isabel NEIRA GÓMEZ 1
  4. Lucía REY ARES 1
  1. 1 Universidade de Santiago de Compostela
    info

    Universidade de Santiago de Compostela

    Santiago de Compostela, España

    ROR https://ror.org/030eybx10

Revista:
Estudios Economicos Regionales y Sectoriales : EERS: Regional and sectoral economic studies : RSES

ISSN: 1578-4460

Ano de publicación: 2017

Volume: 17

Número: 2

Páxinas: 25-42

Tipo: Artigo

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Outras publicacións en: Estudios Economicos Regionales y Sectoriales : EERS: Regional and sectoral economic studies : RSES

Resumo

The importance of New Technology-Based Firms’ (NTBFs) contribution to economic growth makes it necessary to understand the factors that condition their emergence. We use a logit model to measure the effect of individual characteristics of the entrepreneurial population on NTBF creation. The analysis is performed at global level, using the GEM database and distinguishing three groups of countries based on the country’s development level (factor-, efficiency- and innovation-driven economies). Being under 35 years of age, having studied beyond secondary school, having work experience, knowing an entrepreneur personally and believing one has the ability to be an entrepreneur are factors with a positive and significant influence on technological entrepreneurship (TE). The results are similar independently of the context in which they were analysed. However, setting up NTBFs is more complex in factor-driven economies.

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