This article analyses the new venture creation by patient innovators in 40 countries examining the effects of the four macro-level factors on entrepreneurship, adding a fifth sector-specific (healthcare) factor.
By applying the statistical tool of principal component analysis, we find a clustering behavior of health user entrepreneurs across countries, indicating that common macro-level conditions affect this phenomenon in a nonlinear way.
Healthy user innovators are more likely to become entrepreneurs in those countries where creativity, economic opportunities and business environment are increasing from the lower level until a certain threshold. After that level, user entrepreneurship seems to be not relevant.
We contribute to the extant literature about macro-level determinants of entrepreneurship by exploring how much such conditions impact on the decision to create new firm by user innovators.
Schiavone, F., Rivieccio, G., Paolone, F. and Rocca, A. (2021), "The macro-level determinants of user entrepreneurship in healthcare: an explorative cross-country analysis", Management Decision, Vol. 59 No. 5, pp. 1158-1178. https://doi.org/10.1108/MD-10-2019-1427
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