We test a new model explaining the entrepreneurial decision using a process of successive engagement levels. The contribution of the present paper is that, first, while in earlier studies only a multinomial logit model has been used, here we extend this framework to an ordered context. Hence, we investigate whether there is a natural ordering of the dependent variable supporting the view of entrepreneurship as a process. Secondly, we determine which variables ‘drive’ (potential) entrepreneurs through this process.
Thurik, Roy; Grilo, Isabel; and van der Zwan, Peter
"THE ENTREPRENEURIAL PROCESS AND ITS DETERMINANTS (SUMMARY),"
Frontiers of Entrepreneurship Research: Vol. 27
, Article 12.
Available at: https://digitalknowledge.babson.edu/fer/vol27/iss5/12