Abstract

AGUILAR BARCELO, José Gabriel; MUNGARAY LAGARDA, Alejandro  and  SEVERIANO QUINTANA, Edgar Noel. An analysis of the attitudes, perceptions and intentions that lead to entrepreneurship in the countries of the Pacific Alliance. Ens. Rev. econ. [online]. 2023, vol.42, n.1, pp.33-56.  Epub May 19, 2023. ISSN 2448-8402.  https://doi.org/10.29105/ensayos42.1-2.

We study the effect of different motivators of entrepreneurial activity related to attitudes, perceptions, and intentions of individuals in the Pacific Alliance countries (México, Chile, Colombia y Perú). The analysis is based on descriptive statistics and logit regressions with data from the Global Entrepreneurship Monitor. We found that the decision of entrepreneurship is negatively correlated with risk aversion and lack of exposure to effort. Furthermore, it is positively correlated with entrepreneurial ability, which is the variable that best explains motivation to become entrepreneur. In addition, the evidence suggests that less development is associated with a higher perception of capabilities, which in turn may be related to increased self-confidence and an underestimation of risks. The findings of this study are only partially consistent with that of the literature, and they suggest that entrepreneurship is a multifaceted and dynamic process influenced by perceptions that can be modified by the environment. Taking these elements into consideration is necessary in order to create an integrated regional market that is based on the support of entrepreneurs and small businesses.

Keywords : Propensity for entrepreneurship; income; risk aversion; exposure to effort; entrepreneurial capabilities; O14; O18; O25.

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