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Perception of multilevel factors for entrepreneurial innovation success

A survey of university students

Bibliographic Data

ID21281969
AuthorsBalázs Borsi (0000-0002-7175-4577, 1Eszterházy Károly University, Eszterházy tér 1, H-3300, Eger, Hungary), Tibor Dőry (0000-0003-3762-0441, 2Széchenyi István University, Győr, Hungary)
Year2020
Volume70
Issue4
Pages615-632
Publication date2020-12-01
Open AccessYes
TypeARTICLE
VenueActa Oeconomica (JOURNAL)
Journal identifiersISSN: 0001-6373 • E-ISSN: 1588-2659
PublisherAkademiai Kiado Zrt. (PUBLISHER • HU)
DOI10.1556/032.2020.00039
OpenAlexW3002444090
LanguageEN
References cited14

Entrepreneurial innovation is a complex phenomenon. Experimenting with research designs that could claim some degree of generalizable linking between the individual and external influencing factors is challenging. However, progress even in research niches can contribute to a more structured understanding of the process. This article focuses on the first stages of entrepreneurial innovation, using a novel questionnaire design. Responses were collected from two Hungarian universities (147 and 127 responses, respectively) and analysed using Structural Equation Modelling. The results confirm that entrepreneurial innovation success in the early stage is shaped by macro-level factors, which have an influence on risk perception through locus of control. The paper makes two contributions, demonstrating (1) the possibility of using questionnaire survey for analysing multiple levels if the narrative is under control, and (2) how individual entrepreneurs approach the start of their innovation-based business, upon which personality and environmental factors both have significant impact

Business · Control (management) · Economics · Knowledge management · Locus of control · Management · Narrative · Perception · Personality · Phenomenon · Questionnaire · Social science · Sociology · Structural equation modeling · Survey data collection · Computer Science · Entrepreneurship Studies and Influences · Marketing · Mathematics · Private Equity and Venture Capital · Psychology · Social Psychology

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Highly citedNo

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