Contribution to the Contractor's Study by Necessity: Characteristics and position in the entrepreneurial field

Abstract

This article provides a comprehensive examination of necessity entrepreneurs and the impact of support programs on their success. Necessity entrepreneurs, driven by severe economic pressures such as unemployment or lack of suitable job opportunities, often turn to entrepreneurship as a survival mechanism. Their entrepreneurial journey is marked by a hurried entry into business, frequently compounded by limited academic background and immediate financial strain. The study evaluates the role of support programs, highlighting their critical importance during the initial stages of business establishment. These programs offer essential resources and guidance but show limited long-term effectiveness. Key challenges include the sustainability of businesses, which necessitates a focus on high-quality ongoing support, enhancement of entrepreneurial skills, and the development of robust professional networks.The findings underscore the urgent need to tailor support mechanisms to the specific characteristics of necessity entrepreneurs. It is crucial to enhance programs with comprehensive training and personalized mentoring to address the unique barriers faced by these entrepreneurs. Such measures could improve market integration and increase the resilience of entrepreneurial ventures. In conclusion, while progress has been made in supporting necessity entrepreneurs. This will enable the development of more effective support strategies and improve the long-term success rates of these entrepreneurial initiatives.

Keywords : Entrepreneurship by necessity, characteristics of entrepreneurs, taxonomy of entrepreneurs, support.

Classification JEL : M00, M12, M13, M14

Paper type : Empirical Research