20.500.12556/RUL-126642 Exploring the effects of types of early‑stage entrepreneurial activity on subjective well-being Entrepreneurial activity has been seen as the single most important activity of individuals due to its role in the economic development of nations. However, little is known about the impact of entrepreneurial activity on the subjective well-being of nations beyond its economic impact. The purpose of this study is to explore the impact of different types of entrepreneurial activity – total entrepreneurial activity, opportunity-driven entrepreneurial activity and innovative entrepreneurial activity – on subjective well-being across nations. We consider three distinct mechanisms by which entrepreneurship may influence subjective well-being at the national level. Our panel data includes representative country-level data from 2008 to 2015 from five different data sources for 31 European countries. We employ four econometric models for analyzing the panel data: pooled OLS regression (POLS), fixed effects model (FE), random effects model (RE), and simultaneous equations model (3SLS). Our results suggest that opportunity-driven entrepreneurial activity has a positive impact on subjective well-being. In addition, we find that subjective well-being affects the level of opportunity-driven and innovative entrepreneurial activity. These findings have implications for policy-makers seeking to promote not only economic development but also subjective well-being in the nation. national well-being subjective well-being opportunity entrepreneurship innovative entrepreneurship entrepreneurial activity entrepreneurship work performance satisfaction podjetništvo delovni učinek zadovoljstvo true false true Angleški jezik Slovenski jezik Članek v reviji 2021-04-29 14:07:22 2021-04-29 14:13:44 2023-03-25 03:35:54 0000-00-00 00:00:00 2022 0 0 Str. 149–170 iss. 1 Vol. 23 2022 0000-00-00 Zaloznikova Objavljeno NiDoloceno 0000-00-00 0000-00-00 0000-00-00 658 1389-4978 10.1007/s10902-021-00392-3 60573187 s10902-021-00392-3.pdf s10902-021-00392-3.pdf 1 F1A1E58CB743F3275B6A53200A8A8341 96e670b2eb3cc7a499677678faf023ee0fa148a6134a383a44256322bdf554bd 0e158cd8-ca36-11ed-a314-00155dcfd717 https://repozitorij.uni-lj.si/Dokument.php?lang=slv&id=167525 https://link.springer.com/article/10.1007/s10902-021-00392-3 0 c4fde006-a8e4-11eb-a523-00155dcfd717 https://repozitorij.uni-lj.si/Dokument.php?lang=slv&id=142661 Ekonomska fakulteta 0 0 0