Quantitative Analysis of Factors of Willingness and Preparation of Start-ups

Author Name MATSUDA Naoko (Fellow) / TSUCHIYA Ryuichiro (Toyo University) / IKEUCHI Kenta (NISTEP) / OKAMURO Hiroyuki (Hitotsubashi University)
Creation Date/NO. February 2016 16-J-009
Research Project Economic Analysis of Entrepreneurship
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Research on the factors related to start-ups has been developed worldwide, but that on the willingness and/or preparation for starting a business have rarely been conducted, mainly due to data availability. This paper shows the quantitative analysis factors of willingness and preparation for starting a business in Japan, utilizing for the first time the individual micro data of the Employment Status Survey conducted by the Ministry of Internal Affairs and Communications (MIC). Three primary aspects of Japanese entrepreneurs are revealed. First, female workers are less willing to start a business compared to male workers, but in the subsequent process for preparing the start-ups, the gender difference disappears. Second, workers with higher than university level education in their 50s have a higher willingness and preparation for start-ups. Third, workers with higher compensation or who are board members tend to be more willing to start up a business but less willing to move into the preparation process compared with others.