Impact of the entrepreneurial failure in the Cotocollao sector of Quito
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Abstract
Entrepreneurship is the most common type of business in Ecuador, but at the same time the one that concentrates the least amount of sales and generates the least amount of employment. Likewise, the evolution of entrepreneurship as a concept includes some substantial changes to its definition, however, the reality is that the figures on entrepreneurial failure are worrisome. This research addresses this dark side of entrepreneurship and the stigmas that are generated around it (self-stigma and social stigma), with the objective of determining the impact of entrepreneurial failure on entrepreneurship in the parish of Cotocollao, Metropolitan District of Quito. A descriptive, non-experimental, cross-sectional, descriptive methodology with a quantitative approach was used. A Google Forms survey was designed for the collection of information. This questionnaire consists of 26 questions. A sample of 384 people was selected using the non-probabilistic casual sampling technique. The main results show that approximately one fifth (20.9%) of the respondents have an active entrepreneurial venture, and almost the entire population (91.8%) consider that this is not a good sector for entrepreneurship, in addition, there are higher levels of self-stigma (explained by the entrepreneur attribute) than social stigma (explained by the entrepreneur attribute and frequency of entrepreneurial failure).
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Alex Geovanny Hernández-Echeverria, Universidad Técnica de Machala - Ecuador
http://orcid.org/0009-0005-3027-5915
Academic Experience
Primary School: Jorge Murillo Ugarte School.
High School: Kléber Franco Cruz School Bachelor of Science: Commerce and Administration. City: Machala
Higher Education: Technical University of Machala: Graduated
Other: Extracurricular Activities: Degree in Theology CEB.
Liana Carola Sánchez-Cabrera, Universidad Técnica de Machala - Ecuador
http://orcid.org/0000-0002-1867-0876
Commercial Engineer, Research Professor at UTMACH, professor of Finance and Financial Administration, PhD candidate in Business Administration, Coordinator of the Business Administration Career with 5 years of experience.
Norman Vinicio Mora-Sánchez, Universidad Técnica de Machala - Ecuador
http://orcid.org/0002-2814-2751
PhD in Business Administration (UNMSM),
Master of Business Administration (UTMACH),
Commercial Engineer in Business Administration (UTMACH),
Bachelor of Business Administration
Chief Financial Administrative Officer of the Municipal Health Directorate GAD Machala (2001-2009)
Manager in Charge of EMSA GAD Machala (2009)
Former Coordinator of the UTMACH-MIPRO agreement (2014-2016),
Former University Extension Coordinator (2008-2010),
Professor at UTMACH since 1998
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