عنوان انگلیسی مقاله:
Entrepreneurship, fear of failure, and economic policy
ترجمه فارسی عنوان مقاله:
کارآفرینی ، ترس از شکست و سیاست اقتصادی
Sciencedirect - Elsevier - European Journal of Political Economy, Corrected proof, 101954: doi:10:1016/j:ejpoleco:2020:101954
The previous literature ﬁnds that self-reported ‘fear of failure’ has a signiﬁcant negative effect on individuals’ choice to become entrepreneurs. We hypothesize this effect is lessened in economies with a larger number of additional, alternative, entrepreneurial opportunities to pursue if a failure occurs. Prior literature also concludes the number of entrepreneurial opportunities is enhanced signiﬁcantly by having policies and institutions consistent with higher levels of economic freedom. We therefore test and conﬁrm that fear of failure hurts the entrepreneurial process less when levels of economic freedom are higher as there are more additional chances for failed entrepreneurs to pursue.
Keywords: Entrepreneurship | Fear of failure | Economic policy | Economic freedom | Business climate