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Determinantes del emprendimiento juvenil en Colombia: un análisis desde la nueva economía institucional || Determinants of youth entrepreneurship in Colombia: an analysis from the new institutional economy

Author

Listed:
  • Torres M., Marcela

    (Vlerick Business School (Colombia))

  • Ramos R., José L.

    (Universidad del Norte (Colombia))

  • Galvis M., Moisés M.

    (Centro Emprendimiento Corporación Universitaria Americana (Colombia))

  • Ramos C, José L.

    (Universidad Simón Bolívar (Colombia))

  • Biswell J., Juan E

    (Universidad del Norte (Colombia))

Abstract

El presente artículo tiene como propósito determinar los factores que intervienen en el emprendimiento de los jóvenes colombianos y estimar el impacto que tienen dichos determinantes sobre la probabilidad de que un joven decida ser un emprendedor. Para lo anterior, se estima un modelo logístico probabilístico alimentado con la base de datos de Global Entrepreneurship Monitor Colombia - 2019. Los resultados evidencian que factores informales como la autoconfianza, los marcos de referencia y el nivel educación influyen de manera positiva en la probabilidad de emprender, hecho que evidencia que estos condicionantes informales expresados por North (1993a), son claves para influenciar la iniciativa empresarial por parte de los jóvenes en Colombia. Finalmente, se concluye que las variables de miedo al fracaso, constituidas como condicionantes informales, pueden no ser vistas como una barrera que influya en la probabilidad de ingreso de los jóvenes colombianos en actividades emprendedoras. || The purpose of this article is to determine the factors involved in the entrepreneurship of Colombian young people and to estimate the impact that these determinants have on the probability that a young person decides to be an entrepreneur. For the above, a probabilistic logistic model fed with the Global Entrepreneurship Monitor Colombia - 2019 database is estimated. The results show that informal factors such as self-confidence, reference frames and education level positively influence the probability of undertaking, a fact that shows that these informal conditions expressed by North (1993a) are key to influencing entrepreneurship by young people in Colombia. Finally, we conclude that the variables of fear of failure, constituted as informal conditioning factors, may not be seen as a barrier that influences the probability of entry of young Colombians into entrepreneurial activities.

Suggested Citation

  • Torres M., Marcela & Ramos R., José L. & Galvis M., Moisés M. & Ramos C, José L. & Biswell J., Juan E, 2021. "Determinantes del emprendimiento juvenil en Colombia: un análisis desde la nueva economía institucional || Determinants of youth entrepreneurship in Colombia: an analysis from the new institutional ec," Revista de Métodos Cuantitativos para la Economía y la Empresa = Journal of Quantitative Methods for Economics and Business Administration, Universidad Pablo de Olavide, Department of Quantitative Methods for Economics and Business Administration, vol. 32(1), pages 300-323, December.
    • Handle: RePEc:pab:rmcpee:v:32:y:2021:i:1:p:300-323
    DOI: https://doi.org/10.46661/revmetodoscuanteconempresa.4264
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    References listed on IDEAS

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    More about this item

    Keywords

    emprendimiento; instituciones; jóvenes; entrepreneurship; institutions; youth;
    All these keywords.

    JEL classification:

    • M10 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - General
    • 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
    • M29 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Economics - - - Other

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