Extrinsic and intrinsic determinants of entrepreneurial growth of Bangladesh: an empirical examination

Abstract

Entrepreneurial growth is predicted to be related to micro variables or intrinsic determinants (motivations) and macro variables or extrinsic determinants (environmental infrastructure elements) but in a differential way. Infrastructure variables are tested as moderators in the motivation-growth relationship. Motivations are further categorized into intrinsic pull and extrinsic push factors. A rich sample of 395 recently- minted entrepreneurs and concerned institutions of Bangladesh were surveyed. Results essentially confirmed the predictions, with motivations playing a larger role than anticipated. Implications were discussed for policymakers charged with the responsibilities of economic development through entrepreneurship.