Fear to Fail and Entrepreneurship Intent: Examining Linkages and Potential Pathways in Senegal

Cheikh Ndour (cheikhtidjanendour@gmail.com) and Simplice Asongu
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Cheikh Ndour: Dakar, Senegal

No 24/032, Working Papers of the African Governance and Development Institute. from African Governance and Development Institute.

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)
Pages: 29
Date: 2024-01
New Economics Papers: this item is included in nep-sbm
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http://www.afridev.org/RePEc/agd/agd-wpaper/Fear-t ... hways-in-Senegal.pdf Revised version, 2024 (application/pdf)

Related works:
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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