Regional variations of the impact of role models and fear of failure on entrepreneurship amongst the youth

This paper examines the joint influence of two individual level factors on entrepreneurship amongst youth residing in the rural regions. Using data from an adult population survey (APS), our empirical results suggest that although the youth in rural regions are equally likely to be positively influe...

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Detalles Bibliográficos
Autores: Moreno Gomez, Jorge Isaac, Gómez Araujo, Eduardo, Manoj Chandra, Bayon
Tipo de recurso: artículo
Estado:Versión aceptada para publicación
Fecha de publicación:2017
País:Colombia
Institución:Corporación Universidad de la Costa
Repositorio:Repositorio REDICUC
Idioma:inglés
OAI Identifier:oai:repositorio.cuc.edu.co:11323/1852
Acceso en línea:http://hdl.handle.net/11323/1852
https://repositorio.cuc.edu.co/
Access Level:acceso abierto
Palabra clave:Entrepreneurial role models
Fear of failure
Youth entrepreneurship
Spain
Descripción
Sumario:This paper examines the joint influence of two individual level factors on entrepreneurship amongst youth residing in the rural regions. Using data from an adult population survey (APS), our empirical results suggest that although the youth in rural regions are equally likely to be positively influenced by entrepreneurial role models, rural youths are more likely to refrain from entrepreneurship because of the greater level of fear of failure compared to urabn youths. We suggest ways how by understanding differences in the influence of entrepreneurial role models and fear of business failure policy makers can design locally relevant entrepreneurship policies. By using a more fine grained analysis in the form of the moderating effect of two important individual level factors, our study contributes to a better understanding of the barriers to entrepreneurship in lagging (rural) regions at the country level