Keywords
Citation
van der Zwan, P. (2011), "The entrepreneurial ladder and its determinants", Strategic Direction, Vol. 27 No. 6. https://doi.org/10.1108/sd.2011.05627fad.009
Publisher
:Emerald Group Publishing Limited
Copyright © 2011, Emerald Group Publishing Limited
The entrepreneurial ladder and its determinants
Article Type: Abstracts From: Strategic Direction, Volume 27, Issue 6
van der Zwan P., Thurik R. and Grilo I.Applied Economics, 2010, Volume 42 Issue 16, Start page: 2183, No. of pages: 9
This paper tests a new model where the entrepreneurial decision is described as a process of successive engagement levels, i.e. as an entrepreneurial ladder. Five levels are distinguished using nearly 12 000 observations from the 2004 “Flash Eurobarometer survey on Entrepreneurship” covering the 25 European Union member states and the USA. The most surprising of the many results is that perception of lack of financial support is no obstacle for moving to a higher entrepreneurial engagement level whereas perceived administrative complexity is a significant obstacle. We also show that the effect of age on the probability of moving forward in the entrepreneurial process becomes negative after a certain age implying that if entrepreneurial engagements are not taken early enough in life they may well never be taken.Article type: Research paperISSN: 0003-6846Reference: 39BB990
Keywords: Choice, Entrepreneurs, European Union, Motivation, Occupation, United States of America