Socio-cultural factors and youth entrepreneurship in rural regions
PDF
PDF (Português (Brasil))

Keywords

Youths. Rural. Entrepreneurship. Fear of failure. Role models.

How to Cite

Gómez-Araujo, E., & Bayon, M. C. (2017). Socio-cultural factors and youth entrepreneurship in rural regions. Review of Business Management, 19(64), 200–218. https://doi.org/10.7819/rbgn.v0i0.2695

Abstract

Purpose – This paper aims to demonstrate the impact of two important
socio-cultural factors on the level of the entrepreneurial activity of
young individuals in rural regions.


Design/methodology/approach – Our empirical study is based on
a sample collected from an adult population survey, and analyzed
using a logit model that controls for territorial and aging sources of
heterogeneity. Our theoretical framework is anchored on a contingency
perspective that emphasizes the unique influences of the contextual
environment in driving entrepreneurial behavior.


Findings – The main findings of our study is that in Spain the
likelihood of being entrepreneurially active is no different for young
and old individuals, and between rural and urban regions. Surprisingly,
unlike shown in most studies, entrepreneurial role models do not
have any effect on the entrepreneurship by young individuals in rural
regions of Spain, while the negative impact of fear of failure in the
entrepreneurship on young individuals in rural regions is much higher
compared to the rest of the population.


Originality/value – Our findings reveal that the context (regional)
has a more significant impact on entrepreneurship for some segments
(younger individuals) of the population than for others.

https://doi.org/10.7819/rbgn.v0i0.2695
PDF
PDF (Português (Brasil))

If a paper is approved for publication, its copyright has to be transferred by the author(s) to the Review of Business Management – RBGN.

Accordingly, authors are REQUIRED to send RBGN a duly completed and signed Copyright Transfer Form. Please refer to the following template: [Copyright Transfer]

The conditions set out by the Copyright Transfer Form state that the Review of Business Management – RBGN owns, free of charge and permanently, the copyright of the papers it publishes. Although the authors are required to sign the Copyright Transfer Form, RBGN allows authors to hold and use their own copyright without restrictions.

The texts published by RBGN are the sole responsibility of their authors.

The review has adopted the CC-BY Creative Commons Attribution 4.0 allowing redistribution and reuse of papers on condition that the authorship is properly credited.