ENTREPRENEURSHIP UNDER SEVERE ADVERSE CONDITIONS: THE NORTHWEST MEXICAN CASE

José Gabriel Aguilar Barceló, Alejandro Mungaray Lagarda, Martín Ramírez Urquidy and Natanael Ramírez Angulo

Review of Business and Finance Studies, 2011, vol. 2, issue 1, 89-101

Abstract: We analyzed the performance of marginalized subsistence microenterprises, through dichotomous logistic regressions by maximum likelihood. We tested 52,224 hypotheses, trying to find behavior patterns on microenterprises. The results show that performance is the result of a combination of factors related to the owners and the decisions made by them on their entrepreneurial environment, if measured as an approximation of the success/failure ratio. It is possible to know many of these variables before the business starts. In addition, some variables did not show the expected relation; this suggests that these projects deserve a different treatment than the formal micro and small enterprise. These factors may well influence the design of microenterprises’ assistance programs, micro loans and the establishment of commercial areas that allow an enhanced micro entrepreneur profile.

Keywords: Small business; marginalization; performance; logit; maximum likelihood. (search for similar items in EconPapers)
JEL-codes: C35 D12 D13 D14 (search for similar items in EconPapers)
Date: 2011
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.theibfr2.com/RePEc/ibf/rbfstu/rbfs-v2n1-2011/RBFS-V2N1-2011-7.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ibf:rbfstu:v:2:y:2011:i:1:p:89-101

Access Statistics for this article

Review of Business and Finance Studies is currently edited by Terrance Jalbert

More articles in Review of Business and Finance Studies from The Institute for Business and Finance Research
Bibliographic data for series maintained by Mercedes Jalbert ( this e-mail address is bad, please contact ).