Empirical Validation of the Global Entrepreneurship Monitor Conceptual Framework in Spanish New Technology-Based Firms

Serrano, Manuel and Morales Alonso, Gustavo and Núñez Guerrero, Yilsy and Blanco-Serrano, José Antonio (2019). Empirical Validation of the Global Entrepreneurship Monitor Conceptual Framework in Spanish New Technology-Based Firms. In: "17th Latin American and Caribbean Conference for Engineering and Technology. "Industry, Innovation, and Infrastructure for Sustainable Cities and Communities"", July 24 – 26, 2019, Jamaica. ISBN 978-0-9993443-6-1. pp. 1-8. https://doi.org/10.18687/LACCEI2019.1.1.319.

Description

Title: Empirical Validation of the Global Entrepreneurship Monitor Conceptual Framework in Spanish New Technology-Based Firms
Author/s:
  • Serrano, Manuel
  • Morales Alonso, Gustavo
  • Núñez Guerrero, Yilsy
  • Blanco-Serrano, José Antonio
Item Type: Presentation at Congress or Conference (Article)
Event Title: 17th Latin American and Caribbean Conference for Engineering and Technology. "Industry, Innovation, and Infrastructure for Sustainable Cities and Communities"
Event Dates: July 24 – 26, 2019
Event Location: Jamaica
Title of Book: "Industry, Innovation, and Infrastructure for Sustainable Cities and Communities": Proceedings of the 17th Latin American and Caribbean Conference for Engineering and Technology
Date: 2019
ISBN: 978-0-9993443-6-1
Subjects:
Freetext Keywords: Determinants of Entrepreneurship. Economic Development; Self-Employment; Confirmatory Factor Analysis (CFA); Structural Equation Modelling (SEM)
Faculty: E.T.S.I. Industriales (UPM)
Department: Ingeniería de Organización, Administración de Empresas y Estadística
Creative Commons Licenses: Recognition - No derivative works - Non commercial

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Abstract

This study validates empirically the components of the Global Entrepreneurship Monitor Conceptual Framework (GEMCF) related (1) to the educational background of the entrepreneur, (2) the society’s perception of entrepreneurship and (3) the individual’s perceived capabilities. These factors’ ability to explain entrepreneurship within a specific entrepreneurial ecosystem (New Technology-Based Firms, NTBF) is sought after. A structured methodology is designed, including the definition of components of the model to be validated, definition of observed variables of those components, data collection through surveys, and analyses of the data. In particular, Exploratory Factor Analysis for validation of chosen observed variables, Structural Equation Modelling (SEM) for validation of correlation among components (using Confirmatory Factor Analysis) and validation of causal relationships between components and entrepreneurship (using Structural Modelling) as proposed by the GEMCF have been used. Results obtained prove the robustness of the GEMCF.

More information

Item ID: 64836
DC Identifier: http://oa.upm.es/64836/
OAI Identifier: oai:oa.upm.es:64836
DOI: 10.18687/LACCEI2019.1.1.319
Official URL: http://wp.eng.fau.edu/laccei2019/
Deposited by: Memoria Investigacion
Deposited on: 22 Oct 2020 13:48
Last Modified: 22 Oct 2020 13:48
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