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Entrepreneurship and Financial Crisis A Critical I

5.3. Structure of the Questionnaire 
Question 1, 2, 3 and 4 cover the research questions of 
motives and incentives of entrepreneurship. One factor of 
entrepreneurship, as mentioned in the literature review, has to 
do with whether the person has previous entrepreneurship 
experience since previous experience has a positive influence 
to establish a new company again (Dyke et al., 1992). Even a 
previous entrepreneurship failure is a positive driver for the 
enterpneeur since he/she believes that the failure was in fact a 
lesson, so he/she will know better what to avoid, how to deal 
with risk and make better decisions (Politis & Gabrielsson 
(2009). Also, sector experience, according to literature, has a 
positive result in someone’s choice to establish a new 


47 
Evangelia Fragouli and Nikolaos Giannakovitis: Entrepreneurship and Financial Crisis: A Critical Investigation of
Entrepreneurship Prospects and Opportunities That Lie Behind the Financial Crisis 
company (Taylor and Thorpe, 2004). The entrepreneurship 
and sector experience is being covered by questions 1, 2 and 
3. The research question about the factors for the 
establishment of a company is being covered by question 4. 
The research question regarding the identification of the main 
sources of new businesses financing is being covered by 
question 5. The research question of the entrepreneurs’ 
preparation as indicated by the existence of a business plan is 
being covered by question 6. Question 7 is regarding the 
research question of the institutional environment (clusters, 
universities, government agencies) in the concept of the 
business idea, Question 8 covers the research question of the 
examination of the factors which are connected to the 
establishment of companies. Question 9 examines the 
research question of the determination of the degree of 
adoption of forms of financing. Question 10 identifies the 
research question of whether the new entrepreneurs consider 
the crisis as a threat or as an opportunity. 

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