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Are Japanese Full-time Workers Conservative in Starting New Businesses?

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  • Naiki, Eriko
  • Ogane, Yuta

Abstract

This paper examines whether being full-time workers prevents Japanese individuals from starting new businesses by using the Global Entrepreneurship Monitor 2014. The major findings of this paper are four points. First, in Japan, full-time workers are less likely to start new businesses than non-full-time workers. Second, this tendency is more remarkable among individuals who have confidence in their knowledge, skills, and experience. Third, the tendency that confident full-time workers hesitate to start new businesses is likely to be specific to Japan. Finally, entrepreneurship education may help mitigate Japanese full-time workers’ fear of failure in starting the businesses and enhance their confidence in their knowledge, skills, and experience, but may be less likely to increase the probability that they start the businesses.

Suggested Citation

  • Naiki, Eriko & Ogane, Yuta, 2021. "Are Japanese Full-time Workers Conservative in Starting New Businesses?," Journal of the Japanese and International Economies, Elsevier, vol. 60(C).
    • Handle: RePEc:eee:jjieco:v:60:y:2021:i:c:s0889158321000125
    DOI: 10.1016/j.jjie.2021.101133
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    Cited by:

    1. Honjo, Yuji & Kwak, Charee & Uchida, Hirofumi, 2022. "Initial funding and founders’ human capital: An empirical analysis using multiple surveys for start-up firms," Japan and the World Economy, Elsevier, vol. 63(C).
    2. Md Mahbubur Rahman & Md. Azad Uddin & Ichihashi Masaru, 2023. "Decomposition analysis of entrepreneurial activities in Japan: An international comparison," Journal of Global Entrepreneurship Research, Springer;UNESCO Chair in Entrepreneurship, vol. 13(1), pages 1-16, December.

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    More about this item

    Keywords

    New business; Full-time workers; Japan; Confidence; Entrepreneurship education;
    All these keywords.

    JEL classification:

    • L26 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Entrepreneurship
    • M13 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - New Firms; Startups
    • M21 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Economics - - - Business Economics

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