Paths to entrepreneurial business ownership: a US perspective
by Vasanthakumar N. Bhat; Paul P. Daulerio Jr.
International Journal of Entrepreneurship and Small Business (IJESB), Vol. 21, No. 4, 2014

Abstract: This paper examines the modes of entrepreneurship in the USA by examining the determinants of an individual's decision to establish a new entrepreneurial business and how this is different from acquiring an existing entrepreneurial business or engaging in an entrepreneurial franchise. We develop a logistic regression model to examine the various determinants of starting a new entrepreneurial business from scratch. Our analysis indicates that age, work experience, hours worked per week, education and race have statistically significant impact on the likelihood of starting a new business from scratch as compared to other modes of entry.

Online publication date: Sat, 07-Jun-2014

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