Opportunity and/or Necessity Entrepreneurship? The Impact of the Socio-Economic Characteristics of Entrepreneurs

Entrepreneurs have often been considered as either belonging to the necessity or opportunity category based on their motivations when they started organization. However, necessity/opportunity entrepreneurship dichotomy is too limiting and boundary between certainly not clear-cut it assumed. Moreover, interpretation of entrepreneurial motivation must be a product interaction specific situation individual. Depending individual’s characteristics, same could interpreted an motivation. In this paper, original dataset 538 Belgian nascent entrepreneurs, we thus explore impact entrepreneurs’ background socio-economic characteristics way position themselves necessity–opportunity axis. We point out that individuals who become involved in process encountered and/or latter can take various forms. show entrepreneurs alignment project with dynamic. The existence sub-profiles within typology also highlighted. stress, for instance, all jobseekers are new venture creation family influence may convey both dimension. Finally, our study reveals kind entrepreneurship, i.e., hobby entrepreneurship.