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Determinant factors at an individual and environmental level on entrepreneurial intention to re-entry

Beirao Da Cruz E Silva, David
(2015)

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DavidCruzeSilva_20871301_2015.pdf
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DavidCruzeSilva_20871301_2015_Annexe1.pdf
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Details

Supervisors
Janssen, Frank ; Rui Figueira, José
Faculty
Louvain School of Management
Degree label
Master [120] en Ingénieur de gestion
Abstract
The thesis develops a model evaluating the effect of individual and environmental factors on the intention of exited entrepreneurs to start a new venture. Individual factors include entrepreneurial perceptions, attitudes towards entrepreneurship, social capital, human capital, demographics and specificities of the previous entrepreneurial exit. Environmental factors include national level unemployment rate, total early-stage entrepreneurial activity (TEA), global competitiveness index (GCI), the gross domestic product per capita as well as the country and the year of survey itself. The data used is the GEM APS Individual and National level database from 2007 to 2011. A binary logit regression is used, applying as dependent (dichotomous) variable the intention to re-start. Little work has been found on the impact of individual and environmental factors on re-entry intention. This thesis provides further insight on the relationship between business reentry and previous exit and, also, broadens the understanding on this issue by identifying other relevant and explanatory variables. Furthermore it also sheds light on differences and similarities between nascent and renascent entrepreneurship.