TY - JOUR

T1 - What influences environmental entrepreneurship? A multilevel analysis of the determinants of entrepreneurs’ environmental orientation

AU - Hörisch, Jacob

AU - Kollat, Jana

AU - Brieger, Steven A.

PY - 2017/1/1

Y1 - 2017/1/1

N2 - This cross-country study statistically investigates the determinants of environmental orientation of entrepreneurial activity. It builds on a new institutional theory framework and uses data gathered in the course of the Global Entrepreneurship Monitor to examine the institutional impacts and individual characteristics which influence the degree of environmental orientation of entrepreneurial activity, using a multilevel analysis. Our key findings are threefold: First, the results indicate that environmental orientation is frequently used as a source for securing legitimacy of entrepreneurial ventures. Second, we find lower degrees of environmental orientation among more educated entrepreneurs. Third, for many variables, such as age, gender and income, differences are observed when compared to earlier findings on the determinants of social entrepreneurship. Policy makers can learn from the analysis that policy measures should not only be designed specifically for environmental entrepreneurship, but also be adapted to the domestic economic circumstances, as, for example, environmental taxes only show significant effects on environmental orientation of entrepreneurial ventures in OECD countries. From a practitioner’s perspective, this indicates that a lack of regulation can provide opportunities for environmentally oriented entrepreneurial ideas.

AB - This cross-country study statistically investigates the determinants of environmental orientation of entrepreneurial activity. It builds on a new institutional theory framework and uses data gathered in the course of the Global Entrepreneurship Monitor to examine the institutional impacts and individual characteristics which influence the degree of environmental orientation of entrepreneurial activity, using a multilevel analysis. Our key findings are threefold: First, the results indicate that environmental orientation is frequently used as a source for securing legitimacy of entrepreneurial ventures. Second, we find lower degrees of environmental orientation among more educated entrepreneurs. Third, for many variables, such as age, gender and income, differences are observed when compared to earlier findings on the determinants of social entrepreneurship. Policy makers can learn from the analysis that policy measures should not only be designed specifically for environmental entrepreneurship, but also be adapted to the domestic economic circumstances, as, for example, environmental taxes only show significant effects on environmental orientation of entrepreneurial ventures in OECD countries. From a practitioner’s perspective, this indicates that a lack of regulation can provide opportunities for environmentally oriented entrepreneurial ideas.

KW - Entrepreneurship

KW - Environmental entrepren

KW - Enrivonmental orientation

KW - New institutional theory

KW - Legitimacy

KW - Cross-country study

UR - http://www.scopus.com/inward/record.url?scp=84976420322&partnerID=8YFLogxK

U2 - 10.1007/s11187-016-9765-2

DO - 10.1007/s11187-016-9765-2

M3 - Journal articles

VL - 48

SP - 47

EP - 69

JO - Small Business Economics

JF - Small Business Economics

SN - 0921-898X

IS - 1

ER -