- Browse Repository
- Weatherhead School of Management
- Student Scholarship
- De Hoyos-Ruperto, Moraima (x)
- Weatherhead Doctor of Management Programs
Weatherhead Doctor of Management Programs
Show moreThis study addresses Puerto Rico?s unexplained stagnant entrepreneurial environment despite average or above average entrepreneurial potential, capabilities, and intentions when compared to other high-income countries (2007 GEM report; Bosma, Jones, Autio, & Levie, 2008). In our previous qualitative research, we argue that a pervasive lack of support for entrepreneurs from entrepreneurial advocates and the failure of entrepreneurs to develop networks could be partly responsible for the slow-moving entrepreneurial environment (De Hoyos, Romaguera, Carlsson, & Perelli, 2011). Building on that qualitative research, a quantitative study using PLS was conducted to determine the following: How and to what extent do systemic and individual factors as well as firm and entrepreneur characteristics impact the likelihood of entrepreneurial success mediated by inter-organizational and individual social networking activities? Findings reveal that systemic factors as a whole are not working as suitable sources for the complementary relationships needed to create an environment conducive to successful entrepreneurship. Meanwhile, entrepreneurs are not using networks efficiently to overcome the inadequate institutional structure. Therefore, to nurture a successful entrepreneurial environment, policy makers must design a better interconnected entrepreneurial system that will work in harmony with entrepreneurs; while entrepreneurs in turn must be taught to use effectively their individual social networks.
Doctorate of Management Programs
Show less
Show moreStudies conducted over the last decade have found that Puerto Rico faces multiple challenges in regards to entrepreneurial development and growth, even when new venture creation is positively perceived among its citizens (Aponte 2002). These challenges include a low rate of early-stage entrepreneurial activity (GEM 2007), a limited market structure (Morales 2006), a structural problem (Aponte 2002), and challenges from its excessive public debt, large bureaucracy, lack of independent trade, and its colonial status (Brooking 2006). This study focuses on Puerto Rico’s entrepreneurial environment and seeks to understand— through interviews with governmental, private, and civil sectors leaders as well as with entrepreneurs—how they understand the factors that influence entrepreneurial activities on the island. How these influential leaders view the island’s entrepreneurial environment is essential as their actions can effectively encourage and sustain the governmental goal to develop entrepreneurship in Puerto Rico. Exploring their understanding of Puerto Rico’s entrepreneurial environment will reveal factors that can serve either as barriers to or opportunities for improving the state of entrepreneurship on the island. Developed from reviews of academic and practical literature on entrepreneurship, this examination will provide a comprehensive analysis of the island’s entrepreneurial environment by considering the GEM model’s framework conditions as well as factors presented by other researchers.
Doctorate of Management Programs
Show less
Show moreThis study aims to address the unexplained stagnant entrepreneurial environment in Puerto Rico despite average or above average entrepreneurial potential, capabilities, and intentions compared to other high-income countries. Analysis of interviews with public, private and civic sector leaders and both successful and less successful entrepreneurs suggest a pervasive lack of support for entrepreneurs from formal organizations charged with entrepreneurship development and a failure of entrepreneurs themselves to develop networks to support venture startup and sustainment.
Doctorate of Management Programs
Show less