Carmen Guzmán‐Alfonso and Joaquín Guzmán‐Cuevas
The aim of this research is to determine whether entrepreneurial intention models explain the entrepreneurial behaviour of individuals regarding venture creation in Latin America…
Abstract
Purpose
The aim of this research is to determine whether entrepreneurial intention models explain the entrepreneurial behaviour of individuals regarding venture creation in Latin America, as well as to test if the three factors usually taken into consideration in these models (attitudes, perceived social value, and perceived self‐efficacy, as defined by Ajzen) really determine entrepreneurial intentions in this part of the world.
Design/methodology/approach
By using panel data from Global Entrepreneurship Monitor Global Report for the years 2008, 2009 and 2010, referring to Latin America, the paper employs two linear regression models to examine determinants of entrepreneurial intentions in Latin America and the role of the entrepreneurial intentions in the entrepreneurial initiative.
Findings
According to the results obtained, it can be stated that, also for the case of Latin America, entrepreneurial intentions are once more confirmed as a previous step of entrepreneurial behaviour with regard to venture creation. However, even though the three variables taken into consideration are significant as determinants of entrepreneurial intentions, evidence suggests a negative relationship between the perception of social value about entrepreneurship and the entrepreneurial intention, which contradicts the previous literature review. A further investigation regarding this result is planned for the near future.
Originality/value
The originality of this research arises from bringing together in a model three of the main elements in the research field of entrepreneurship – entrepreneurial intention models, global entrepreneurship monitor and Latin America (one of the most important places where the entrepreneurship phenomenon takes place).
Details
Keywords
Teresa Savall Morera, Marta Solórzano-García and Carmen Guzmán
This study aims to understand the importance of participatory governance in the identity of social enterprises (SEs). To this end, this paper provides a framework by means of the…
Abstract
Purpose
This study aims to understand the importance of participatory governance in the identity of social enterprises (SEs). To this end, this paper provides a framework by means of the value co-creation process and by drawing from the service-dominant logic perspective and the stakeholder theory. An explanation is also provided regarding the opportunity to include fundamental issues in defining SE collective identity, such as those related to an organisation’s participatory nature of involving the stakeholders affected by its activities, the exercise of democratic decision-making and its autonomy from the state and market.
Design/methodology/approach
On the statistical exploitation of a large international data set, the authors approach the conceptualisation of SEs by providing an index to measure their social, economic and governance characteristics, thereby enabling these enterprises to be categorised into different groups.
Findings
This study found that the inclusion of the governance dimension in the research incorporates the greatest variability between the various models of SE, thereby justifying participatory governance as the raison d’être of the two fundamental schools in SE, namely, Anglo-Saxon and European.
Practical implications
This research offers a tool to policymakers to be used as a criterion of classification and hierarchical organisation for public procurement. It enables the various organisations to be ordered and takes social and cultural influence into consideration. This tool would be highly useful as a support of social entrepreneurship from the public environment, especially at the local level.
Originality/value
This study justifies the value of incorporating participatory governance as a distinctive dimension for the definition of categories of SEs. Furthermore, an index to craft taxonomies of SEs is developed based on social, economic and governance indicators, which provides a framework that facilitates the empirical research of the SE.