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dc.contributor.author
Mitsios, Fotis
en
dc.date.accessioned
2015-06-30T12:23:19Z
dc.date.available
2015-09-27T05:57:34Z
dc.date.issued
2015-06-30
dc.identifier.uri
https://repository.ihu.edu.gr//xmlui/handle/11544/619
dc.rights
Default License
dc.title
Exploring the reasons that lead to business start-up in a declining economy
en
heal.type
masterThesis
heal.secondaryTitle
The case of tech start-ups in Greece
en
heal.keywordURI.LCSH
Entrepreneur
heal.keywordURI.LCSH
Motivations
heal.keywordURI.LCSH
Greece
heal.keywordURI.LCSH
Recession
heal.keywordURI.LCSH
Tech start-ups
heal.language
en
heal.access
free
el
heal.license
http://creativecommons.org/licenses/by-nc/4.0
heal.recordProvider
School of Economics, Business Administration and Legal Studies, Executive MBA
heal.publicationDate
2015-02
heal.bibliographicCitation
Mitsios Fotis ,2015, Exploring the reasons that lead to business start-up in a declining economy: The case of tech start-ups in Greece, Master's Dissertation, International Hellenic University
en
heal.abstract
Purpose – In the present dissertation, the issue under scrutiny is the motivations that lead to technological start-ups in Greece under adverse economic circumstances. It also aims to understand if these motivations are related to growth attitude. Design/Methodology/Approach – To examine these motivations thoroughly, a survey has been conducted with Likert-style questions regarding entrepreneurs in Greece (=23), who are owners/founders of tech start-ups. The received questionnaires of the survey have been analyzed using multivariate statistical analysis, in line with a measuring instrument constructed to measure the reasons leading to business start-ups. Findings – Contrary to our expectation, the entrepreneurs of tech start-ups in Greece are motivated by the Need for Achievement, Extrinsic Rewards, and the Need for Independence and Security. The findings indicate that entrepreneurs have not been motivated by extrinsic factors alone, even in declining economy. Therefore, the outcome of this study also supports the view that entrepreneurship should also be measured in other terms beyond financial. It was also found that start-ups tend to be innovative and growth-oriented firms, even in such conditions. Research Limitations/Implications – The most important limitation of this dissertation is the small sample, although the results present strong evidence. Furthermore, the findings cannot be generalized to other countries’ context, even with similar culture, because the findings are highly influenced by economic conditions, entrepreneurial environment, politics and other social factors. Practical Implications – Since motivations differ across countries, policy-makers can benefit from developing a specific program for supporting environment, and not merely financial support, to encourage business creation. Thereupon, policy-makers should be careful regarding where they apply policies, that is, not only in a national but in regional and in some cases in a local level, in order to be more effective. Originality/Value – The present study constitutes first to examine the motivations leading to tech start-ups under adverse economic conditions in the Greek context.
en
heal.tableOfContents
LIST OF TABLES .......................................................................................................... 1 LIST OF FIGURES ........................................................................................................ 2 LIST OF ABBREVIATIONS ........................................................................................ 3 ABSTRACT ..................................................................................................................... 4 INTRODUCTION .......................................................................................................... 5 LITERATURE REVIEW .............................................................................................. 7 DEFINITION .................................................................................................................. 7 THE IMPORTANCE OF ENTREPRENEURSHIP................................................................... 8 ENTREPRENEURSHIP IN RECESSION.............................................................................. 11 MOTIVATIONS LEADING TO BUSINESS START-UP ...................................................... 11 THE ENTREPRENEURIAL PROFILE OF GREECE IN RECESSION ..................................... 14 RESEARCH METHODOLOGY ................................................................................ 18 DATA COLLECTION .................................................................................................... 20 DATA ANALYSIS ........................................................................................................ 20 RESEARCH RESULTS ............................................................................................... 21 PARTICIPANTS’ PROFILE ............................................................................................ 21 DESCRIPTIVE STATISTICS ........................................................................................... 22 DISCUSSION AND IMPLEMENTATION ............................................................... 26 LIMITATIONS AND FUTURE RESEARCH........................................................... 31 CONCLUSIONS ........................................................................................................... 32 REFERENCES .............................................................................................................. 34 APPENDIX A ................................................................................................................ 42 APPENDIX B ................................................................................................................ 45
en
heal.advisorName
Kyrgidou, Lyda
en
heal.committeeMemberName
Katsaliaki, Korina
en
heal.committeeMemberName
Laspita, Stavroula
en
heal.committeeMemberName
Mavragani, Eleni
en
heal.academicPublisher
School of Economics and Business Administration, Executive MBA programme
en
heal.academicPublisherID
ihu
heal.numberOfPages
52
heal.fullTextAvailability
false


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