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Variables perceptuales y emprendimiento naciente en Chile: oportunidad versus necesidad
[Perceptual variables and nascent entrepreneurship in Chile: opportunity versus necessity]

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  • Lennon Sabatini, Joaquin
  • Franetovic Parker, Francisco

Abstract

In this work we seek to assess how perception variables affect on the timely decision to undertake in Chile, measured by the nascent entrepreneurship, ie, those entrepreneurs who are starting a new business, including any form of self-employment or commersialisation of all types of goods or services. This, controlling for other relevant variables of demographic and economic nature . It seems particularly interesting to quantify how affect self-confidence, perception of opportunity, fear of failure and an entrepreneur meet in the probability of deciding to undertake, given the high correlation with this variable (decision to undertake a new business). Document will use the work "Perceptual Variables and Nascent Entrepreneurship" (2005) of Maria Pia Arenius Minniti as a mother and will replicate it to the specific case of Chile. Furthermore, we distinguish between those who undertake by chance and necessity, since the effects of both on the development of the country are dissimilar (as Acs and Varga 2005, opportunity entrepreneurship has a positive effect on economic development, while the necessity has no effect) and naturally respond to different incentives and factors.

Suggested Citation

  • Lennon Sabatini, Joaquin & Franetovic Parker, Francisco, 2006. "Variables perceptuales y emprendimiento naciente en Chile: oportunidad versus necesidad [Perceptual variables and nascent entrepreneurship in Chile: opportunity versus necessity]," MPRA Paper 55446, University Library of Munich, Germany.
  • Handle: RePEc:pra:mprapa:55446
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    References listed on IDEAS

    as
    1. Norris F. Krueger Jr. & Deborah V. Brazeal, 1994. "Entrepreneurial Potential and Potential Entrepreneurs," Entrepreneurship Theory and Practice, , vol. 18(3), pages 91-104, April.
    2. Norris Krueger, 1993. "The Impact of Prior Entrepreneurial Exposure on Perceptions of New Venture Feasibility and Desirability," Entrepreneurship Theory and Practice, , vol. 18(1), pages 5-21, October.
    3. Zoltan J. Acs & José Ernesto Amorós, 2008. "Introduction: The startup process," Estudios de Economia, University of Chile, Department of Economics, vol. 35(2 Year 20), pages 121-132, December.
    4. Zoltan J. Acs & Attila Varga, 2008. "Entrepreneurship, Agglomeration and Technological Change," Chapters, in: Entrepreneurship, Growth and Public Policy, chapter 24, pages 341-352, Edward Elgar Publishing.
    5. Elke U. Weber & Richard A. Milliman, 1997. "Perceived Risk Attitudes: Relating Risk Perception to Risky Choice," Management Science, INFORMS, vol. 43(2), pages 123-144, February.
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    8. Pia Arenius & Stefan Ehrstedt, 2008. "Variation in the level of activity across the stages of the entrepreneurial startup process-evidence from 35 countries," Estudios de Economia, University of Chile, Department of Economics, vol. 35(2 Year 20), pages 133-152, December.
    9. Evans, David S & Jovanovic, Boyan, 1989. "An Estimated Model of Entrepreneurial Choice under Liquidity Constraints," Journal of Political Economy, University of Chicago Press, vol. 97(4), pages 808-827, August.
    10. Esteban Lafuente & Yancy Vaillant & Josep Rialp, 2007. "Regional Differences in the Influence of Role Models: Comparing the Entrepreneurial Process of Rural Catalonia," Regional Studies, Taylor & Francis Journals, vol. 41(6), pages 779-796.
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    More about this item

    Keywords

    Entrepreneurship; nascent entrepreneurship; perceptual variables;
    All these keywords.

    JEL classification:

    • D01 - Microeconomics - - General - - - Microeconomic Behavior: Underlying Principles
    • J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity
    • M13 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - New Firms; Startups

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