Environmental Factors Influencing Technological Entrepreneurship: Research Framework and Results

AbstractDeveloping an innovative business idea and implementing it, along with risk taking, generally defines the concept of entrepreneurship. Translating the idea into business reality is subject to the influence of factors from the internal and external environment of the business venture. Within this context, the paper aims to present the results of an analysis of influence which various environmental factors might have upon the success of a technological entrepreneurship business venture.Based on a model previously developed there will be analyzed the relationships between the personal and professional characteristics of the (potential) entrepreneur, the environmental factors and the resources involved in this context, aiming to develop a composite indicator that can be used to assess the potential of success for a technological entrepreneurial business venture.The proposed research methodology is based on a quantitative approach, namely a questionnaire based survey using a non- probabilistic sampling method due to current research limitations