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

See all articles by Jorn H. Block

Jorn H. Block

University of Trier - Faculty of Management; Erasmus University Rotterdam (EUR) - Institute of Management (ERIM)

Andreas Lutz

Gruendungszuschuss.de

Philipp G. Sandner

Frankfurt School of Finance & Management

Frank Spiegel

Technische Universität München (TUM)

Date Written: April 20, 2009

Abstract

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

Block, Jorn Hendrich and Lutz, Andreas and Sandner, Philipp and Spiegel, Frank, Determinants of Start-Up Satisfaction of Nascent Entrepreneurs (April 20, 2009). Wirtschaftspsychologie aktuell, Vol. 1, pp. 9-11, 2009. Available at SSRN: https://ssrn.com/abstract=1381016

Jorn Hendrich Block (Contact Author)

University of Trier - Faculty of Management ( email )

D-54296
Germany

Erasmus University Rotterdam (EUR) - Institute of Management (ERIM) ( email )

Burgemeester Oudlaan 50
3000 DR Rotterdam, Zuid-Holland 3062PA
Netherlands

Andreas Lutz

Gruendungszuschuss.de ( email )

Orleansstr. 34
München, 81677
Germany
+49 (89) 51657980 (Phone)

HOME PAGE: http://www.gruendungszuschuss.de

Philipp Sandner

Frankfurt School of Finance & Management ( email )

Sonnemannstraße 9-11
Frankfurt am Main, 60314
Germany

HOME PAGE: http://www.philipp-sandner.de

Frank Spiegel

Technische Universität München (TUM) ( email )

Arcisstrasse 21
Munich, 80333
Germany

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