The influence of institutional and conductive aspects on entrepreneurial innovation: Evidence from GEM data
Journal of Enterprise Information Management
ISSN: 1741-0398
Article publication date: 21 May 2019
Issue publication date: 21 May 2019
Abstract
Purpose
The purpose of this paper is to improve understanding of how different aspects of the national institutional environment may influence the extent of innovative entrepreneurial activities across countries. Several institutional and conductive factors affecting a country’s capacity to support innovative entrepreneurship are explored.
Design/methodology/approach
Institutional theory is used to examine the national regulatory, normative, cognitive and conducive aspects that measure a country’s ability to support innovative entrepreneurship. A cross-national institutional profile is constructed to validate an entrepreneurial innovation model. The impacts of country-level national institutions on innovative entrepreneurial activity as measured by Global Entrepreneurship Monitor data are assessed through structural equation modeling.
Findings
Knowledge about the influence of specific institutional aspects on innovative entrepreneurship, and hence of institutional structures within and across countries, is enhanced. For new innovative enterprises, conductive and regulatory aspects seem to matter most. All conductive factors have a significant and positive impact on entrepreneurial activity rates.
Research limitations/implications
Results could support policy makers and practitioners in evaluating government policies’ effects on innovative entrepreneurship. Interventions should target both individual attributes and context. Future research could include longitudinal designs to measure the direction of causality.
Practical implications
Aspects such as regulatory institutions, and conductive factors such as information communication technology use and technology adoption, are important for innovation entrepreneurship development.
Originality/value
The literature on institutional theory and innovative entrepreneurship is highly limited. This study complements growing interest in empirical analysis of the effects of national institutions on innovative entrepreneurial activities and substantiates previous empirical work.
Keywords
Citation
Arabiyat, T.S., Mdanat, M., Haffar, M., Ghoneim, A. and Arabiyat, O. (2019), "The influence of institutional and conductive aspects on entrepreneurial innovation: Evidence from GEM data", Journal of Enterprise Information Management, Vol. 32 No. 3, pp. 366-389. https://doi.org/10.1108/JEIM-07-2018-0165
Publisher
:Emerald Publishing Limited
Copyright © 2019, Emerald Publishing Limited