Aversion of a Person Facing the Risk of Failure When Starting a Business in Mexico

Abstract

The low quality of current jobs in Mexico and their scarcity have led to the need to undertake. Consequently, people have ceased to be employees to become entrepreneurs. However, the specialized literature ensures that there are factors that may well characterize this venture. In the chapter, a first approach is made to the risk aversion that a person faces when failing to decide to be an entrepreneur in Mexico. The information integrated by the reports of the Global Entrepreneurship Monitor (GEM) served as input so that through a Multiple Linear Regression Analysis (MLRA). During the period 2011-2021, it was verified if the factors of education, experience, knowledge, skills, age, among others, directly influence a person to make the decision to start a business in Mexico.