0000000000059952

AUTHOR

Elita Jermolajeva

ANALYSIS OF ENTREPRENEUR’S MOTIVATION TO START BUSINESS (COMPARATIVE STUDIES IN LATVIA IN COMPARISON WITH CANADA, USA, MEXICO)

Business start is important issue from government policy side as well as it has interests of academic researchers worldwide. Researcher attention is paid on decision to start or not to start business (Townsend, et al, 2010), on issues on business takeover or new venture start (Parker, et al, 2012), different approaches in business start – up are analysed (Chwolka and Raith, 2012), there are made evaluations of different research conducted in this area during half a decade (Lambert and Davidson, 2013), made comparisons and cross – country investigations (Clerq, et al, 2012), made different kinds of forecasts (Cassar, 2014). Researchers are interested in performance expectations of entreprene…

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ANALYSIS OF BARRIERS FOR BUSINESS START

Entrepreneurship is one of driving forces for economic development, in European Union it has to be paid more attention to keep competitiveness in the world. Various aspects of entrepreneurship including on barriers for business start are covered in research world-wide. The aim of the current paper is to analyse barriers of new business starters in Latvia. The tasks of the current research: analysis of theoretical findings in scientific publications; analysis of new business starters views on barriers for business start; to perform statistical analysis of new business starters evaluations on business barriers. Research methods: scientific literature studies, survey of entrepreneurs in the bu…

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Challenges on accessing finance for micro-enterprises in Latvia

Financial support of companies for their development is considered and realised by many countries worldwide, also in Latvia. Latvia has been receiving critical remarks from entrepreneurs in regard to high level of refuse for financing from the financing institution ALTUM which is the principal intermediary of EU funds and provides resources to support entrepreneurship in Latvia. Statistical data indicate that there are significant reductions of micro-enterprises during recent years. The survey data showed that ALTUM rejected 39 % of the surveyed micro-enterprises from those who had submitted applications within three years. In turn, only 6 % of micro-enterprises have received full financing…

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