Determinants of Start-Up Satisfaction of Nascent Entrepreneurs
Wirtschaftspsychologie aktuell, Vol. 1, pp. 9-11, 2009
9 Pages Posted: 23 Apr 2009 Last revised: 18 Apr 2010
Date Written: April 20, 2009
This paper analyzes the determinants of start-up satisfaction of nascent entrepreneurs. Using a large sample of nascent entrepreneurs in Germany, we identify a group of nascent entrepreneurs that “cannot get satisfaction” with their start-up, not because their start-up fails to deliver financial returns, but because they did not choose to become entrepreneurs in the first place. This group of unsatisfied entrepreneurs includes individuals starting a business after a period of long-term unemployment and those individuals with a lack of better employment alternatives (necessity entrepreneurs).
Note: Downloadable document is in German.
Keywords: Entrepreneurship, Satisfaction, Unemployment, Necessity Entrepreneurship
JEL Classification: J24, J17, L26
Suggested Citation: Suggested Citation