Aversion of a Person Facing the Risk of Failure When Starting a Business in Mexico: An Approach Through Some Educational Factors

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Author(s): Gerardo Reyes Ruiz (Centro de Estudios Superiores Navales (CESNAV), Mexico)
Copyright: 2023
Pages: 32
Source title: Handbook of Research on Designing Sustainable Strategies to Develop Entrepreneurial Intention
Source Author(s)/Editor(s): Ramakrishna Yanamandra (Skyline University College, UAE)and Logaiswari Indiran (Universiti Teknologi Malaysia, Malaysia)
DOI: 10.4018/978-1-6684-8781-5.ch003

Keywords: Business & Management / Business Science Reference / Entrepreneurship / Entrepreneurship & Innovation

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Abstract

The low quality of current jobs in Mexico and their scarcity have led to the need to undertake. Consequently, people have ceased to be employees to become entrepreneurs. However, the specialized literature ensures that there are factors that may well characterize this venture. In the chapter, a first approach is made to the risk aversion that a person faces when failing to decide to be an entrepreneur in Mexico. The information integrated by the reports of the Global Entrepreneurship Monitor (GEM) served as input so that through a Multiple Linear Regression Analysis (MLRA). During the period 2011-2021, it was verified if the factors of education, experience, knowledge, skills, age, among others, directly influence a person to make the decision to start a business in Mexico.

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Aversion of a Person Facing the Risk of Failure When Starting a Business in Mexico: An Approach Through Some Educational Factors

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