Fear to fail and entrepreneurship intent: examining linkages and potential pathways in Senegal

Cheikh T. Ndour () and Simplice Asongu
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Cheikh T. Ndour: University Cheikh Anta Diop

Quality & Quantity: International Journal of Methodology, 2025, vol. 59, issue 1, No 9, 207-229

Abstract: Abstract This study aims to investigate the effect of fear of failure on entrepreneurship intent. It utilises survey data from the Global Entrepreneurship Monitor (2015) conducted in Senegal. Analysing a sample of 2364 individuals, the probit model was employed, revealing three key findings. Firstly, fear of failure significantly diminishes entrepreneurship intent. Secondly, individuals who are partially employed demonstrate a heightened inclination towards entrepreneurship. Thirdly, fear of failure consistently impacts entrepreneurship intent regardless of gender. A key policy implication of this research is the necessity to address discrimination in policies designed to support individuals with greater entrepreneurial aspirations.

Keywords: Entrepreneurship intent; Probit; Occupation; Gender; Senegal (search for similar items in EconPapers)
JEL-codes: C25 J16 J29 L26 O55 (search for similar items in EconPapers)
Date: 2025
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Working Paper: Fear to Fail and Entrepreneurship Intent: Examining Linkages and Potential Pathways in Senegal (2024)
Working Paper: Fear to Fail and Entrepreneurship Intent: Examining Linkages and Potential Pathways in Senegal (2024)
Working Paper: Fear to Fail and Entrepreneurship Intent: Examining Linkages and Potential Pathways in Senegal (2024)
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DOI: 10.1007/s11135-024-01968-w

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