Financial Literacy and New Business Entry

Abstract The issue of the relationship between financial literacy and entrepreneurship is still not a fully explored research area. On one hand, there are common views that education in finance necessary every individual’s life, an insufficient level may result erroneous economic decisions. other on impact narrowly defined business start-up decisions rare. As result, no clear indications regarding need for area order to stimulate entrepreneurial decisions, including survival launched undertakings. This article deals with chosen aspects such as 1) Phases Entrepreneurial Activity; 2) potential; 3) Motivation; 4) Involvement technology sector; 5) Business exit reasons. All above embedded context literacy. sheds light creates background further attempts deepen understanding this issue.