engleski

Entrepreneurial Characteristics of Croatian Exporters

Entreprenurial activity has for long been acknowledged as a significant contributing factor to the economic vitality of a nation or a region (i.e. Schumpeter, 1934 ; Kent, 1982 ; ). It is linked with individuals, new ventures, risk-taking and innovation (Jennings and Lumpkin, 1989 ; Lumpkin and Dess, 1996). It is very often associated with growth and job creation, and thus crucially important for emerging economies such are Central and Eastern European transitional countries. According to Balabanis and Katiskea (2003), entrepreneurial posture is determined by three major attributes: the organisations' propensity to take risks, innovativeness and proactiveness. Different companies, due to their different characteristics such are size, age, branch, organizational structure, etc. possess different ability to adopt an entrepreneurial posture as well as to reap benefits of it. International markets by definition tend to be more complex and unpredictable and possibly more hostile for foreign companies. Therefore the adoption of entrepreneurial characteristics in doing bussiness internationally becomes crucial. The aim of this paper is to test the level of entrepreneurial behaviour and typical characteristics of Croatian exporters. Using the multuivariate and inferential statistics we have analysed a sample of 88 Croatian exporters and results of the research are presented in this paper.

international business; statistical analysis; innovativeness; proactiveness; risk taking propensity

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