Abstract:
A study was conducted to assess the relationship between country-level
entrepreneurial activity and individuals’ perceived abilities, subjective
norm and intentions to pursue entrepreneurship. The theory
of planned behaviour and the Global Entrepreneurship Monitor (GEM)
conceptual model are used to formulate hypotheses concerning
factors that influence the level of societies’ entrepreneurial intentions
and activity in 43 countries included in the GEM 2010 study, as well as
factors that influence the level of entrepreneurial intentions in Croatia
from 2003 to 2011. In the analyzed GEM countries, the results confirm
that antecedents to entrepreneurial intentions, as defined by the theory
of planned behaviour, have a significant impact on entrepreneurial
intentions which, in turn, significantly influence entrepreneurial activity.
The results for Croatia were mixed. Subjective norm had a limited
relationship with intentions while perceived behavioural control did.
