Perceived Barriers of Employee Transition to Entrepreneurship a Literature Review

Abstract

Entrepreneurship development is an imperative driving force for boosting the economy of any country by generating ample personal and socio-economic benefits. The hang fire of Employee Transition to Entrepreneurship (ETE) is generally attributed to the lack of favourable economic, political, and social infrastructure for venture creation. Yet, theoretical and empirical shed of this phenomenon is still under work. This review was thus aimed at scanning the prevailing understanding of the barriers to ETE from the employees‟ perspective. Accordingly, a systematic review of available resources is performed to set a firm conceptual frame for future researches. By reviewing 146 published journal articles, the study provides a structured overview of the academic research on perceived barriers of ETE. Resultantly, this review detailed a five-factor framework (i.e. demographic, human capital, motivational, environmental, and behavioural factors) to analyze the perceived barriers for ETE.