Determinants of Hotels and Restaurants entrepreneurship: A study using GEM data |
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| Authors: | Antonio Rafael Ramos-Rodrí guez,José Aurelio Medina-Garrido,José Ruiz-Navarro |
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| Affiliation: | a Department of Business Management, Faculty of Social Science and Communication, University of Cádiz, Campus de la Asunción s/n, 11405 Jerez de la Frontera, Cádiz, Spain
b Department of Business Management, Faculty of Economic and Management Sciences, University of Cádiz, Duque de Nájera, 8, 11002 Cádiz, Spain |
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| Abstract: | The objective of this work is to assess the influence of certain factors on the likelihood of being a Hotels and Restaurants (H&R) entrepreneur. The factors evaluated are demographic and economic variables, variables related to perceptions of the environment and personal traits, and variables measuring the individual's intellectual and social capital. The work uses logistic regression techniques to analyze a sample of 33,711 individuals in the countries participating in the GEM project in 2008. The findings show that age, gender, income, perception of opportunities, fear of failure, entrepreneurial ability, knowing other entrepreneurs and being a business angel are explanatory factors of the probability of being an H&R entrepreneur. |
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| Keywords: | Entrepreneurship Hotels and Restaurants industry GEM data Perceptual determinants Intellectual capital Social capital |
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