Locus of Control and Entrepreneurship in the Russian Republic (original) (raw)
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RePEc: Research Papers in Economics, 1989
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Some of the authors of this publication are also working on these related projects: The impact of communication and veto power in groups on unethical behavior: Evidence from the laboratory View project Yuriy Timofeyev Frankfurt School of Finance & Management 8 PUBLICATIONS 5 CITATIONS SEE PROFILE All content following this page was uploaded by Yuriy Timofeyev on 02 December 2016.
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Social scientists studying the determinants of entrepreneurship have emphasized three distinct perspectives: the role of institutions, the role of social networks and the role of personal characteristics. We conduct a survey from five large developing and transition economies to better understand entrepreneurship in view of these three pers pectives. Using data from a pilot study with over 2,000 interviews in 7 cities across Russia, we find evidence for these three sets of variables but with a particularly strong effect of social networks: those individuals whose relatives and childhood frie nds are entrepreneurs are more likely to be entrepreneurs.
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Social scientists studying the determinants of entrepreneurship have emphasized three distinct perspectives: the role of institutions, the role of social networks and the role of personal characteristics. We conduct a survey from five large developing and transition economies to better understand entrepreneurship in view of these three pers pectives. Using data from a pilot study with over 2,000 interviews in 7 cities across Russia, we find evidence for these three sets of variables but with a particularly strong effect of social networks: those individuals whose relatives and childhood frie nds are entrepreneurs are more likely to be entrepreneurs.
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This paper aims to analyze the impediments to the development of entrepreneurship in Russia from the institutional perspective. To describe the institutional environment we use a concept of a three-dimensional institutional profile which classifies the institutions into three types: regulatory, cognitive and normative. These three dimensions imply three bases of legitimacy: entrepreneurship can be legitimized if it conforms to legal requirements (regulatory dimension), if it is seen as legitimate through a common frame of reference (cognitive dimension) and if it conforms to the existent moral base (normative dimension). We argue that one of the impediments to entrepreneurship development in Russia is that it is not seen as legitimate enough by the society at large. We explore the foundations for this through the regulatory dimension (the dynamic of the legal legitimation of entrepreneurial activity from the Soviet epoch to the present times), in the cognitive dimension (the stereotype of entrepreneur and its origins), and in the normative dimension (basic assumptions which relate to the fundamental moral dimensions of entrepreneurial activity: assumptions about money, wealth, and work).
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Locus of control has been extensively examined in entrepreneurship research, but with mixed results. This may be due to measurement issues, such as the widespread use of general locus of control scale, which is not domain specific. Not surprisingly, Rotter's scale has been shown to be multidimensional, including personal efficacy. When the first Panel Study of Entrepreneurial Dynamics (PSED I) was constructed in the late 1990s, a measure of locus of control was included. Unfortunately, this scale was also multidimensional. Thus, measurement of the construct may be problematic. Because locus of control continues to be important in organizational research, where it has been found to influence intentions, motivation, satisfaction, and performance, we examined the PSED I dataset to determine whether we could develop a more robust measure after the fact. To this end, we constructed a unidimensional locus of control scale using the sample of nascent entrepreneurs in the PSED I dataset and validated the scale using two additional samples.