Environmental and Individual Determinants of Entrepreneurial Growth

Entrepreneurial growth is predicted to be related to micro variables (motivations) and macro variables (infrastructure elements) but in a differential way. Infrastructure variables are tested as moderators in the motivation-growth relationship. Motivations are further categorized into internal pull and external push factors. A rich sample of 405 recently- minted entrepreneurs in a privatizing economy (Bangladesh) was 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.