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Small Business Economics

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17.03.2023

Does climate risk affect entrepreneurial growth aspirations? The moderating effects of gender and solo-founded ventures

verfasst von: Wenping Ye, Zhongfeng Su, Hongjia Ma

Erschienen in: Small Business Economics | Ausgabe 4/2023

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Abstract

This study examines the effect of climate risk on entrepreneurs’ growth aspirations (EGAs) between female and male entrepreneurs on the one hand and between solo and non-solo founders on the other. Drawing on data pertaining to 54,814 entrepreneurs across 48 countries and regions for the 2005–2016 period, we find that climate risk has a positive effect on EGAs and this effect is stronger for female entrepreneurs and non-solo founders. This study extends the consequences of climate risk to individual entrepreneurship, identifies climate risk as an antecedent of EGAs, and advances our knowledge of differences between female and male entrepreneurs and between solo and non-solo founders.

Vorheriger Artikel Government investments and entrepreneurship

Nächster Artikel Technological progress, financial constrains, and digital financial inclusion

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Drawing on suggestions from reviewers, we also conducted several additional tests, such as employing a Poisson model, including country-level fixed effects, and conducting a check with cluster-robust standard errors at the country level. The results of those tests are consistent with the findings reported above. To save space, we do not report these results here.

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Titel: Does climate risk affect entrepreneurial growth aspirations? The moderating effects of gender and solo-founded ventures
verfasst von: Wenping Ye
Zhongfeng Su
Hongjia Ma
Publikationsdatum: 17.03.2023
Verlag: Springer US
Erschienen in: Small Business Economics / Ausgabe 4/2023
Print ISSN: 0921-898X
Elektronische ISSN: 1573-0913
DOI: https://doi.org/10.1007/s11187-023-00744-8

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