Opportunity and/or necessity entrepreneurship? The impact of the socio-economic characteristics of entrepreneurs

Olivier Giacomin (), Frank Janssen, Jean-luc Guyot and Olivier Lohest

MPRA Paper from University Library of Munich, Germany

Abstract: Few studies have tried to identify the impact of the socio-economic characteristics of entrepreneurs on their opportunity-necessity positioning. Based on a sample of 538 entrepreneurs, we point out that individuals who get involved in an entrepreneurial process, have encountered a situation of necessity and/or opportunity and that the latter can take various forms. We point out the impact of the socio-economic characteristics of entrepreneurs on the alignment of their project with a necessity or opportunity entrepreneurial dynamics. The existence of sub-profiles of entrepreneurs within the necessity-opportunity typology is also highlighted. We point out, for instance, that not all jobseekers are necessity entrepreneurs and that new venture creation based on family pressure may convey both a necessity and opportunity dimension. Finally, our survey reveals a new kind of entrepreneurship: the hobby entrepreneurship.

Keywords: Necessity; -; Opportunity; -; motivations (search for similar items in EconPapers)
JEL-codes: L2 L26 (search for similar items in EconPapers)
Date: 2011-01-01
New Economics Papers: this item is included in nep-cse and nep-ent
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (29)

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