Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/303243 
Year of Publication: 
2024
Series/Report no.: 
AGDI Working Paper No. WP/24/032
Publisher: 
African Governance and Development Institute (AGDI), Yaoundé
Abstract: 
This study aims to investigate the effect of fear of failure on entrepreneurship intent. It utilises survey data from the Global Entrepreneurship Monitor (2015) conducted in Senegal. Analysing a sample of 2364 individuals, the probit model was employed, revealing three key findings. Firstly, fear of failure significantly diminishes entrepreneurship intent. Secondly, individuals who are partially employed demonstrate a heightened inclination towards entrepreneurship. Thirdly, fear of failure consistently impacts entrepreneurship intent regardless of gender. A key policy implication of this research is the necessity to address discrimination in policies designed to support individuals with greater entrepreneurial aspirations.
Subjects: 
Entrepreneurship intent
probit
occupation
gender
Senegal
JEL: 
L26
J29
J16
C25
O55
Document Type: 
Working Paper

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