Abstract
The relevance of the study is due to the important role played by small and individual entrepreneurship in the vast majority of modern national economies. The aim of the study is to assess the indicators describing the ratio of voluntary, highly demanding and necessity-driven entrepreneurs in the total number of start-ups. The results of the Global Entrepreneurship Monitor project for 2018 were used as input data. Modeling of empirical data and evaluation of differentiation of the considered parameters was based on the development of normal distribution density functions. According to the results of modeling average values and change intervals of specific indicators were established. The originality of the work is associated with the assessment of the share of voluntary, highly demanding and necessity-driven entrepreneurs in the total number of early-stage entrepreneurs in 48 countries. The novelty of the study is due to the assessment of indicators characterizing the current motivation of entrepreneurs, as well as the ratio of the above mentioned indicators. The results of the study can be used in the formation of an entrepreneurial climate aimed at the development of a highly demanding business.
Highlights
Entrepreneurship plays an important role in modern economy
The article is devoted to the analysis of levels of motivation for entrepreneurship in the economy of modern countries
The study tested the following two hypotheses: - indicators characterizing the motivation for early-stage entrepreneurship have a significant differentiation across countries; - in most countries, voluntary and highly demanding entrepreneurs predominate in the early-stages of entrepreneurial activity
Summary
Entrepreneurship plays an important role in modern economy. It provides a significant increase in the production of goods, operations and services in the vast majority of countries, creates new jobs, increases the level of competitiveness and innovation. Theoretical work and empirical research confirm that entrepreneurship is a key factor in the development of national economies. The paper [1] emphasizes that earlier industrial policy was aimed at the creation and growth of state-owned companies, and such policy should be based on partnership between entrepreneurs and the state. The relationship between entrepreneurs and the state depends on the level of economic development of a particular country. The article [2] considers how internal and external factors affect the development of small and medium enterprises
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