Purpose

Earlier research confirms the positive effect of innovation in shaping growth ambitions of entrepreneurs. The aim of this paper is to investigate whether the effect of innovation on growth ambitions of entrepreneurs is contingent on the role of institutions, namely, culture and economic freedom. In other words, the authors’ objective is to provide an institutionally contingent understanding of the role of innovation in shaping growth ambitions of early-stage entrepreneurs.

Design/methodology/approach

The authors applied hierarchical linear modeling technique on the data of 100,566 early-stage entrepreneurs in 109 countries that participated in annual surveys of Global Entrepreneurship Monitor.

Findings

The authors find that the effect of innovation on shaping growth ambitions of early stage entrepreneurs is contingent on the role of culture such that, in secular cultures, innovation benefits growth ambitions more than traditional cultures. Further, the authors found that the effect of innovation on growth expectations is dependent on the level of economic freedom in the country in which the firms operate so that in the countries with higher level of economic freedom, early-stage entrepreneurs expect more growth out of their innovation as compared to their counterparts in the depressed economies.

Originality/value

The results contribute to our understanding of entrepreneurial growth aspirations as a result of the interplay of entrepreneur–firm–environment nexus.

中文翻译：

---

影响早期企业家成长愿望的创新：文化和经济自由很重要

目的

早期的研究证实了创新在塑造企业家增长雄心方面的积极作用。本文的目的是调查创新对企业家增长雄心的影响是否取决于制度的作用，即文化和经济自由。换句话说，作者的目标是对创新在塑造早期企业家的增长雄心方面的作用提供一种制度上的偶然理解。

设计/方法/方法

作者对参加全球创业观察年度调查的 109 个国家的 100,566 名早期创业者的数据应用了分层线性建模技术。

发现

作者发现，创新对塑造早期企业家增长雄心的影响取决于文化的作用，因此在世俗文化中，创新比传统文化更有利于增长雄心。此外，作者发现创新对增长预期的影响取决于公司经营所在国家的经济自由水平，因此在经济自由水平较高的国家，早期创业者期望更多的经济增长。与萧条经济体中的同行相比，他们的创新。

原创性/价值

由于企业家-公司-环境关系的相互作用，这些结果有助于我们理解企业家成长的愿望。