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Fear to fail and entrepreneurship intent: examining linkages and potential pathways in Senegal

Author

Listed:
  • Cheikh T. Ndour

    (University Cheikh Anta Diop)

  • Simplice A. Asongu

    (University of Johannesburg
    New Uzbekistan University
    The Institute of Convergence Science, Korea University)

Abstract

This study aims to investigate the effect of fear of failure on entrepreneurship intent. It utilises survey data from the Global Entrepreneurship Monitor (2015) conducted in Senegal. Analysing a sample of 2364 individuals, the probit model was employed, revealing three key findings. Firstly, fear of failure significantly diminishes entrepreneurship intent. Secondly, individuals who are partially employed demonstrate a heightened inclination towards entrepreneurship. Thirdly, fear of failure consistently impacts entrepreneurship intent regardless of gender. A key policy implication of this research is the necessity to address discrimination in policies designed to support individuals with greater entrepreneurial aspirations.

Suggested Citation

  • Cheikh T. Ndour & Simplice A. Asongu, 2025. "Fear to fail and entrepreneurship intent: examining linkages and potential pathways in Senegal," Quality & Quantity: International Journal of Methodology, Springer, vol. 59(1), pages 207-229, February.
    • Handle: RePEc:spr:qualqt:v:59:y:2025:i:1:d:10.1007_s11135-024-01968-w
    DOI: 10.1007/s11135-024-01968-w
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    More about this item

    Keywords

    Entrepreneurship intent; Probit; Occupation; Gender; Senegal;
    All these keywords.

    JEL classification:

    • L26 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Entrepreneurship
    • J29 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Other
    • J16 - Labor and Demographic Economics - - Demographic Economics - - - Economics of Gender; Non-labor Discrimination
    • C25 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Discrete Regression and Qualitative Choice Models; Discrete Regressors; Proportions; Probabilities
    • O55 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Africa

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