Determinants of entrepreneurial engagement levels in Europe and the US
In this article, the process of the entrepreneurial decision is decomposed in seven engagement levels ranging from never thought about starting a business to gave up, thinking about it, taking steps for starting up, having a young business, having an older business, and no longer being an entreprene...
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ftunivlouvain:oai:dial.uclouvain.be:boreal:37000 2024-05-19T07:42:49+00:00 Determinants of entrepreneurial engagement levels in Europe and the US Grilo, Isabel Thurik, Roy UCL 2008 http://hdl.handle.net/2078.1/37000 https://doi.org/10.1093/icc/dtn044 eng eng Oxford Univ Press boreal:37000 http://hdl.handle.net/2078.1/37000 doi:10.1093/icc/dtn044 urn:ISSN:0960-6491 urn:EISSN:1464-3650 info:eu-repo/semantics/restrictedAccess Industrial and Corporate Change, Vol. 17, no. 6, p. 1113-1145 (2008) info:eu-repo/semantics/article 2008 ftunivlouvain https://doi.org/10.1093/icc/dtn044 2024-04-24T01:49:53Z In this article, the process of the entrepreneurial decision is decomposed in seven engagement levels ranging from never thought about starting a business to gave up, thinking about it, taking steps for starting up, having a young business, having an older business, and no longer being an entrepreneur. By using a multinomial logit model, we allow the effect of covariates to differ across the various entrepreneurial engagement levels. Data from two Entrepreneurship Flash Eurobarometer surveys (2002 and 2003) containing over 20,000 observations of the 15 old EU Member States, Norway, Iceland, Liechtenstein, and the United States are used. Other than demographic variables, the set of explanatory variables used includes the perception by respondents of administrative complexities, of availability of financial support, and of risk tolerance, the respondents preference for self-employment and country-specific effects. Among our results, we find that the perception of lack of financial support has no discriminative effect across the various levels of entrepreneurial engagement while perception of administrative complexities plays a negative role only for high levels of engagement. Article in Journal/Newspaper Iceland DIAL@UCLouvain (Université catholique de Louvain) Industrial and Corporate Change 17 6 1113 1145 |
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DIAL@UCLouvain (Université catholique de Louvain) |
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ftunivlouvain |
language |
English |
description |
In this article, the process of the entrepreneurial decision is decomposed in seven engagement levels ranging from never thought about starting a business to gave up, thinking about it, taking steps for starting up, having a young business, having an older business, and no longer being an entrepreneur. By using a multinomial logit model, we allow the effect of covariates to differ across the various entrepreneurial engagement levels. Data from two Entrepreneurship Flash Eurobarometer surveys (2002 and 2003) containing over 20,000 observations of the 15 old EU Member States, Norway, Iceland, Liechtenstein, and the United States are used. Other than demographic variables, the set of explanatory variables used includes the perception by respondents of administrative complexities, of availability of financial support, and of risk tolerance, the respondents preference for self-employment and country-specific effects. Among our results, we find that the perception of lack of financial support has no discriminative effect across the various levels of entrepreneurial engagement while perception of administrative complexities plays a negative role only for high levels of engagement. |
author2 |
UCL |
format |
Article in Journal/Newspaper |
author |
Grilo, Isabel Thurik, Roy |
spellingShingle |
Grilo, Isabel Thurik, Roy Determinants of entrepreneurial engagement levels in Europe and the US |
author_facet |
Grilo, Isabel Thurik, Roy |
author_sort |
Grilo, Isabel |
title |
Determinants of entrepreneurial engagement levels in Europe and the US |
title_short |
Determinants of entrepreneurial engagement levels in Europe and the US |
title_full |
Determinants of entrepreneurial engagement levels in Europe and the US |
title_fullStr |
Determinants of entrepreneurial engagement levels in Europe and the US |
title_full_unstemmed |
Determinants of entrepreneurial engagement levels in Europe and the US |
title_sort |
determinants of entrepreneurial engagement levels in europe and the us |
publisher |
Oxford Univ Press |
publishDate |
2008 |
url |
http://hdl.handle.net/2078.1/37000 https://doi.org/10.1093/icc/dtn044 |
genre |
Iceland |
genre_facet |
Iceland |
op_source |
Industrial and Corporate Change, Vol. 17, no. 6, p. 1113-1145 (2008) |
op_relation |
boreal:37000 http://hdl.handle.net/2078.1/37000 doi:10.1093/icc/dtn044 urn:ISSN:0960-6491 urn:EISSN:1464-3650 |
op_rights |
info:eu-repo/semantics/restrictedAccess |
op_doi |
https://doi.org/10.1093/icc/dtn044 |
container_title |
Industrial and Corporate Change |
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17 |
container_issue |
6 |
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1113 |
op_container_end_page |
1145 |
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1799482514541117440 |