TY - JOUR
T1 - Entrepreneurs, expectations and business expansion
T2 - lessons from Lithuania
AU - Aidis, Ruta
AU - Mickiewicz, Tomasz
PY - 2006/9
Y1 - 2006/9
N2 - This article applies a multinomial logit estimator to investigate which factors affect SME owners' expectations to grow their businesses in Lithuania. Our findings provide evidence that SME owners' human capital (education) matters and that growth expectations are positively related to exporting. In addition, we analyse the link between the perceptions of business constraints and growth expectations and find that the factors, which are perceived as main business barriers, are not necessarily those which are associated with reduced growth expectations. However, perceptions of corruption seem to affect growth expectations the most.
AB - This article applies a multinomial logit estimator to investigate which factors affect SME owners' expectations to grow their businesses in Lithuania. Our findings provide evidence that SME owners' human capital (education) matters and that growth expectations are positively related to exporting. In addition, we analyse the link between the perceptions of business constraints and growth expectations and find that the factors, which are perceived as main business barriers, are not necessarily those which are associated with reduced growth expectations. However, perceptions of corruption seem to affect growth expectations the most.
UR - http://www.tandfonline.com/10.1080/09668130600830961
U2 - 10.1080/09668130600830961
DO - 10.1080/09668130600830961
M3 - Article
SN - 0966-8136
VL - 58
SP - 855
EP - 880
JO - Europe-Asia Studies
JF - Europe-Asia Studies
IS - 6
ER -