期刊
APPLIED ECONOMICS
卷 48, 期 44, 页码 4183-4200出版社
ROUTLEDGE JOURNALS, TAYLOR & FRANCIS LTD
DOI: 10.1080/00036846.2016.1153792
关键词
Entrepreneurs' personal characteristics; enterprise upgrading; micro and small enterprises; growth; innovation; M21; M13
类别
Research in the separate areas of innovation and growth has considerably intensified in recent years. However, little scholarly attention has been paid to the entrepreneurs' personal characteristics that might explain the growth of micro and small enterprises (MSEs) through innovation. This study examines the key entrepreneurs' personal characteristics affecting micro and small enterprises (MSEs) upgrading, defined here as substantial growth through innovation. Six major determining types of entrepreneurs' characteristics were identified from the innovation and the growth literature: education, work experience, gender, motivations, nationality and age. The empirical results which are based on t-tests of the differences between upgraders and non-upgraders, the linear probability model and the logit model, all suggest that work experience and motivations are cornerstones in the likelihood that an MSE will upgrade. The policy implications of this study on promoting MSEs upgrading are also discussed.
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