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The entrepreneurial decision: theories, determinants and constraints

Abstract

The pervasiveness of the entrepreneurial phenomenon attracts the attention on the determinants of the decision of becoming entrepreneur. As the entrepreneurial decision can be additionally conceived as firm entry, as a real business investment in the creation of a new business and as a career choice in favour of self-employment, the literature about entrepreneurship is integrated with industrial organization, financial economics and labour economics approaches to identify contextual and personal determinants. Finally, an analysis of the constraints that limit the entrepreneurial decision is carried out.

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Paper provided by Cattaneo University (LIUC) in its series LIUC Papers in Economics with number 207.

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Length: 28 pages
Date of creation: Feb 2008
Handle: RePEc:liu:liucec:207
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Find related papers by JEL classification:
  • D21 - Microeconomics - - Production and Organizations - - - Firm Behavior: Theory
  • D81 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Criteria for Decision-Making under Risk and Uncertainty
  • J23 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Labor Demand
  • G11 - Financial Economics - - General Financial Markets - - - Portfolio Choice; Investment Decisions

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Cited by:

  1. Daniela Grieco, 2007. "The entrepreneurial decision: Theories, determinants and constraints," KITeS Working Papers 200, KITeS, Centre for Knowledge, Internationalization and Technology Studies, Universita' Bocconi, Milano, Italy, revised May 2007.
  2. Lect. Radu Ogarcă Ph. D, 2010. "Features Of The Decision-Making In Smes," Annals of University of Craiova - Economic Sciences Series, University of Craiova, Faculty of Economics and Business Administration, vol. 3(38), pages 1-20, May.
  3. Cook, William & Whittle, Richard, 2015. "Do individuals’ risk and time preferences predict entrepreneurial choice?," MPRA Paper 66674, University Library of Munich, Germany.

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