Abstract

New venture creation can be stressful as nascent entrepreneurs deal with the uncertainty associated with amassing the necessary resources to establish their ventures. This can lead to poor well-being which may adversely affect their entrepreneurial intention and start-up behavior. Necessity nascent entrepreneurs face even greater stress and poorer well-being levels because starting a business may be an imperative. In the absence of meaningful employment, this may be the only legal means for elevating themselves and their families beyond their poverty-related circumstances. In such situations, women often face additional pressures particularly where their entrepreneurial exploits may be linked to survival of the family unit.

This research examines to what extent there are subjective well-being differences in women versus men necessity nascent entrepreneurs and whether changes in well-being are associated with changes in entrepreneurial intention. Better understanding the factors that inhibit or enhance entrepreneurial intention and venture start-up behavior in necessity contexts is an essential step toward alleviating poverty. Women are often subjugated to lower societal positions in developing economies; hence, understanding gender-related differences as they pertain to creating new ventures can help to facilitate the success of women and men necessity nascent entrepreneurs.

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