Can entrepreneurial role models alleviate the fear of entrepreneurial failure?

This paper analyses how entrepreneurial role models alleviate the fear of entrepreneurial failure among people who are not yet involved in entrepreneurial activities. The proposed hypothesis are tested using a logistic regression model relating the presence of entrepreneurial role models and fear of...

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Detalhes bibliográficos
Autores: Ferreto, Eugenia, Lafuente González, Esteban Miguel|||0000-0001-5889-7656, Leiva Bonilla, Carlos
Formato: artículo
Fecha de publicación:2018
País:España
Recursos:Universitat Politècnica de Catalunya (UPC)
Repositorio:UPCommons. Portal del coneixement obert de la UPC
Idioma:inglés
OAI Identifier:oai:upcommons.upc.edu:2117/124023
Acesso em linha:https://hdl.handle.net/2117/124023
https://dx.doi.org/10.1504/IJBE.2018.095809
Access Level:acceso abierto
Palavra-chave:Entrepreneurship
Fear of failure
entrepreneurship
fear of failure
role models
Costa Rica
Emprenedoria
Por al fracàs
Àrees temàtiques de la UPC::Economia i organització d'empreses::Competitivitat i innovació
Descrição
Resumo:This paper analyses how entrepreneurial role models alleviate the fear of entrepreneurial failure among people who are not yet involved in entrepreneurial activities. The proposed hypothesis are tested using a logistic regression model relating the presence of entrepreneurial role models and fear of failure on a unique sample drawn from the Costa Rica Global Entrepreneurship Monitor (GEM) for the year 2014. The findings of the study reveal that the presence of entrepreneurial examples reduces the fear of failure among non-entrepreneurially active individuals. This study offers insights on how entrepreneurial examples contribute to shape relevant individual perceptions related to the fear of entrepreneurial failure, which constitutes an antecedent of entrepreneurship.