The Entrepreneurial Characteristics and Challenges of the Latent Entrepreneur: A Systematic Review
Keywords:
Latent entrepreneur, Entrepreneurial characteristics, ChallengeAbstract
Entrepreneurship is crucial for innovation, employment, and economic growth. Apart from successful entrepreneurs, there's a less visible group called latent entrepreneurs, who have the potential to start businesses but haven't done so yet. Scholars are increasingly focusing on entrepreneurial characteristics and challenges encountered by potential entrepreneurs. The objective of this literature review is to explore what are latent entrepreneurs' entrepreneurial characteristics and challenges. Data was drawn from EBSCO, SCOPUS, and TCI, consisting of 17 peer-reviewed articles published between 2001 and 2024. Collected data were analyzed using thematic analysis. The literature review contributes to comprehension of recent entrepreneurial characteristics and challenges faced by latent entrepreneurs. It provides policy recommendations and guidelines that will encourage or support latent entrepreneurs to feel more confident in managing their own business firms through the collaboration of responsible and related organizations.
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