The New Venture Decision: An Analysis Based on the GEM Project Database*

Silvia T. Morales-Gualdrón and Salvador Roig
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Silvia T. Morales-Gualdrón: University of Antioquia
Salvador Roig: University of Valencia

A chapter in Entrepreneurship, 2007, pp 313-333 from Springer

Abstract: Abstract The new venture decision is a crucial stage in the process of creating a new business and is influenced by a series of social, demographic, cultural and economic factors, amongst others. These factors have been the subject of several studies, though there is still no widely accepted agreement on exactly how they affect the decision to create a new enterprise. This study will provide evidence on which variables affect the new venture decision, as well as the extent of their influence based on the analysis of a sample of 7524 cases, using information obtained via the Global Entrepreneurship Monitor 2001 Project. At the same time, we provide evidence to show that there are differences in the way these variables affect new ventures born out of need or out of opportunity.

Keywords: Entrepreneurship; business creation; entrepreneurial decision (search for similar items in EconPapers)
Date: 2007
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-540-48543-8_15

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DOI: 10.1007/978-3-540-48543-8_15

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