RT info:eu-repo/semantics/article T1 Influence of the economic cycle on the determinants of nascent entrepreneurial activity. An empirical analysis of the Spanish case T2 Influencia del ciclo económico sobre los determinantes de la actividad emprendedora naciente. Un análisis empírico del caso español A1 Martínez Mateo, Jesús A1 Mira Solves, Ignacio A1 Gómez Gras, José María K1 GEM K1 Determinants K1 Entrepreneurship K1 Nascent entrepreneurs K1 Perceptions K1 Environment K1 Economic cycle K1 GEM K1 Determinantes K1 Creación de empresas K1 Emprendedores nacientes K1 Percepciones K1 Entorno K1 Ciclo económico K1 Economía K1 Economics K1 Geografía K1 Geography K1 Sociología K1 Sociology AB This paper explores the contribution of a selection of elements representative of human capital and perception as determinants of entrepreneurship in different stages of the economic cycle. The results confirm the significance of selfefficacy, the perception of opportunities, and the fear of failure, and highlight the importance of personal knowledge of entrepreneurs. They remain influential in different economic times in which their analyses have been replicated, although somedifferences are felt that point to, in contraction periods, a loss of influence of the confidence in one’s own abilities, compared to an increase in the case of judgment on the existence of opportunities in the environment, and in the case of the presence of entrepreneurs in the surrounding context. In contrast, the behavior of the fear of failure, as a barrier to entrepreneurship, remains unchanged in an adverse context with respect to a positive context due to reduced opportunity costs. PB Asociación Española de Ciencia Regional (AECR) SN 2340-2717 YR 2013 FD 2013 LK http://hdl.handle.net/10017/26967 UL http://hdl.handle.net/10017/26967 LA eng DS MINDS@UW RD 19-abr-2024