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The Strathprints institutional repository is a digital archive of University of Strathclyde research outputs. Strathprints provides access to thousands of Open Access research papers by University of Strathclyde researchers, including those from the School of Psychological Sciences & Health - but also papers by researchers based within the Faculties of Science, Engineering, Humanities & Social Sciences, and from the Strathclyde Business School.

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Entrepreneurial interest, vision and the self-employment choice decision in uk regions

Ashcroft, B.K. and Holden, D. and Low, K. (2009) Entrepreneurial interest, vision and the self-employment choice decision in uk regions. Regional Studies, 43 (8). pp. 1075-1090. ISSN 0034-3404

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Abstract

Entrepreneurial interest, vision and the self-employment choice decision in UK regions, Regional Studies. This paper takes the standard model of self-employment choice and extends it to allow for differences in the potential for self-employment amongst employees. Four groups of entrepreneurs are hypothesized: actual, potential, latent, and non-entrepreneurs. Both the standard model and the 'sequential' model are estimated on a UK data set, allowing for both 'super' and standard region variations. The sequential model offers distinct advantages over the standard model. The results have implications for national and regional entrepreneurship policy because they reveal a clear distinction between the factors governing interest in entrepreneurship and those influencing start-up from within the interested group.