Abstract
This chapter studies entrepreneurial intentions and initiatives in Georgia. In particular, it explores factors that influence the formation of necessity- and opportunity-based entrepreneurial intentions. Moreover, the export performance of new enterprises based on necessity and opportunity motives is examined. Using the Georgian part of the Global Entrepreneurship Monitor dataset, we find that general education and business training after completing school education are significantly and positively associated with opportunity-based entrepreneurial intentions. Moreover, the research suggests that there is no significant difference between necessity and opportunity entrepreneurs in terms of the international performance. In contrast, new enterprises based on both necessity and opportunity motives perform better in international markets than the enterprises based on only one or the other motive.
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Bzhalava, L., Jvarsheishvili, G., Brekashvili, P., Lezhava, B. (2017). Entrepreneurial Intentions and Initiatives in Georgia. In: Sauka, A., Chepurenko, A. (eds) Entrepreneurship in Transition Economies. Societies and Political Orders in Transition. Springer, Cham. https://doi.org/10.1007/978-3-319-57342-7_15
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DOI: https://doi.org/10.1007/978-3-319-57342-7_15
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