Logo
Munich Personal RePEc Archive

Antecedents of Entrepreneurial Propensity: Findings from Singapore, Hong Kong and Taiwan

Lee, Lena and Wong, Poh Kam and Foo, Maw Der (2005): Antecedents of Entrepreneurial Propensity: Findings from Singapore, Hong Kong and Taiwan.

This is the latest version of this item.

[thumbnail of MPRA_paper_2615.pdf]
Preview
PDF
MPRA_paper_2615.pdf

Download (134kB) | Preview

Abstract

The existing literature identifies a number of antecedent factors that positively influence the propensity of individuals to become entrepreneurs. Key among these are self-efficacy, prior knowledge of other entrepreneurs and perception of opportunities. At the same time, policy makers commonly identify fear of failure as a major deterrent factor for entrepreneurs taking the entrepreneurial plunge.

This paper examines the relative impacts of these antecedents and deterrent factor on entrepreneurial propensity, defined as the likelihood of starting one’s own business in the three East Asian newly-industrialised economies (NIEs) of Singapore, Hong Kong, and Taiwan. We also test for possible differences in the variables effects on opportunity vs. necessity entrepreneurial propensities. Our findings highlight significant location differences among the variables in the case of overall, opportunity and necessity entrepreneurship. Finally, we discuss the relevant policy implications from our findings.

Available Versions of this Item

Atom RSS 1.0 RSS 2.0

Contact us: mpra@ub.uni-muenchen.de

This repository has been built using EPrints software.

MPRA is a RePEc service hosted by Logo of the University Library LMU Munich.