| dc.description.abstract | The first success that must be achieved in the prospective life of a firm is actually getting it started. This thesis aimed to investigates which barriers nascent entrepreneurs faced while they set-up a business and which factors influenced the business location decisions (home based or not) of those entrepreneurs that started a business. In order to conduct this study, data of 429 youth participants of an entrepreneurial program (Youth at Venture) in the Philippines were analyzed, using a logistic regression analyses. Different characteristics of the youth participants that started the program were used to see if there were any correlations to be found between these characteristics and the business start-up chance of the participants. In addition, 24 participants that did not start a business were interviewed, in order to gain more information on the barriers that they faced while starting a business. 10 participants of the same program that did started a business were interviewed as well, to see what and if they had faced the same barriers. In this way, it was tried to find out which factors influenced in a positive or negative way, the business start-up chances of these participants. Hence, the 10 participants that did start a business, were asked which factors influenced their initial business start-up location, which was either a home based business, or a business at another place rather than home. The outcomes of this study show, that not all participants who started a business, had the same motivation to do so. Also, the outcomes showed that the barriers that the participants faced, were most of the time the same for those who started a business, compared to those who did not started a business. Hence social and economic background of the participants factors determined whether these barriers would hinder the business start-up in the end. Recommendations for the entrepreneurial program are to introduce a stricter selection criteria on the motivation of the participants, on order to avoid a “substitution effect”. Outcomes towards the motives for a home based business location are that especially the favorable location of the homes is the main driver for a home based business or not. The outcomes of the business location decisions also show, that even though entrepreneurs start a business not at home, they stay closely located to their homes, in the same neighborhood. | |
