Determinants of Start-Up Satisfaction of Nascent Entrepreneurs

Block, Jorn H.; Lutz, Andreas; Sandner, Philipp G.; Spiegel, Frank

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)

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: 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