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

In: Entrepreneurship

Author

Listed:
  • Silvia T. Morales-Gualdrón

    (University of Antioquia)

  • Salvador Roig

    (University of Valencia)

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.

Suggested Citation

  • Silvia T. Morales-Gualdrón & Salvador Roig, 2007. "The New Venture Decision: An Analysis Based on the GEM Project Database," Springer Books, in: Álvaro Cuervo & Domingo Ribeiro & Salvador Roig (ed.), Entrepreneurship, pages 313-333, Springer.
    • Handle: RePEc:spr:sprchp:978-3-540-48543-8_15
    DOI: 10.1007/978-3-540-48543-8_15
    as

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