Determinants of Hotels and Restaurants entrepreneurship: A study using GEM data
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Date
2012
Journal Title
Journal ISSN
Volume Title
Publisher
Elservier
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.
Description
International Journal of Hospitality Management 31 (2012) 579– 587
Keywords
Entrepreneurship,Hotels and Restaurants industry,GEM data,Perceptual determinants,Intellectual capital,Social capital