El coste de oportunidad como determinante del autoempleo en la Unión Europea (UE 25)
- Zapico Aldeano, Luis Miguel
- Nieto Antolín, Mariano
- Muñoz Doyague, María Felisa
ISSN: 1699-9495
Year of publication: 2008
Issue: 6
Pages: 175-193
Type: Article
More publications in: Pecunia: revista de la Facultad de Ciencias Económicas y Empresariales
Abstract
This paper tries to include the potential negative effect of the opportunity cost over the motivation analysis related to the entrepreneurial activity. According to this aim, a Structural Equation Modelling analysis with Partial Least Squares (PLS) approach was performed over a sample of European citizens clustered by country, within the period 2004. The results show that entrepreneurial motivation has a dual internal structure based on two independent components, one connected to the intrinsic attractiveness of self-employment and another one connected to the intrinsic attractiveness of the employee status. Specifically, it is displayed a positive influence of items related to the attractiveness of self-employment on entrepreneurial intentions. Also a negative relationship of items related to attractiveness of the employee status is verified; although, this negative motivation effect is smaller than the first positive one. From a practical point of view, it is proposed that entrepreneurship promotion policies should consider the fact that not only citizens with negative attitudes towards entrepreneurship reject to set up a business; the attractiveness of the employee status is an additional significant determinant.
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