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Entrepreneurial intention and resilience: An experiment during the Covid-19 lockdown

Author

Listed:
  • Malin Arve

    (Norwegian School of Economics and Business Administration - Norwegian School of Economics and Business Administration)

  • Claudine Desrieux

    (Université Paris-Panthéon-Assas, CRED - Centre de Recherche en Economie et Droit - Université Paris-Panthéon-Assas)

  • Romain Espinosa

    (ESC Rennes School of Business - ESC [Rennes] - ESC Rennes School of Business)

Abstract

We study what profiles of individuals were the most likely to give up their entrepreneurial project at the beginning of the Covid-19 crisis. To reach this goal, we run an experiment during the first lockdown in the UK. Our results show that the first months of the crisis have a sharp screening effect: 63% of prospective entrepreneurs postpone or cancel their project in May 2020. Taste for risk or competition does not characterize those who stick to their project. Instead, low opportunity costs to continue and concern for one's own interest instead of cooperation are common among entrepreneurs who persist.
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Suggested Citation

  • Malin Arve & Claudine Desrieux & Romain Espinosa, 2022. "Entrepreneurial intention and resilience: An experiment during the Covid-19 lockdown," Post-Print hal-04103616, HAL.
    • Handle: RePEc:hal:journl:hal-04103616
    DOI: 10.1002/mde.3736
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