| Necessity vs opportunity | Socioeconomic predictors of motivations | Socioeconomic characteristics of entrepreneurs and their households predict necessity vs opportunity motivations. Opportunity entrepreneurs show higher profits and better practices | Giacomin et al. (2011); Calderon et al. (2017) |
| Survival factors | Necessity entrepreneurs benefit more from education in terms of business survival than opportunity entrepreneurs | Belda and Cabrer-Borrás (2018); Millán et al. (2012) |
| Industry choice and strategy | Necessity entrepreneurs prefer cost leadership strategies and tend to choose home-based businesses when unused for long periods | Block et al. (2015); Nikiforou et al. (2019) |
| Education | Education and business outcomes | Education positively impacts self-employment survival. Returns to education are lower for necessity entrepreneurs than opportunity entrepreneurs | Fossen and Büttner (2013); Millán et al. (2012) |
| Family involvement | Family as a resource | Family members provide trusted labor and support entrepreneurial operations, enabling trusted relationships and participation in sales and payments | Jayawarna et al. (2011); Bhagavatulah et al. (2010) |
| Family as a dynamic factor | Entrepreneurial motivations develop in synchrony with household dynamics, making family a critical factor in necessity entrepreneurship | Jayawarna et al. (2011); Viswanathan et al. (2010, 2012) |
| Gender | Gender disparities in entrepreneurship | Men-led enterprises generate higher income, but women-led enterprises are less likely to fail in low-income contexts | Cabrer-Borrás and Belda (2018); Calderon et al. (2017) |
| Women in necessity entrepreneurship | Women often enter necessity entrepreneurship to overcome economic insecurity, facing greater systemic barriers | Calderon et al. (2017); Vossenberg (2013) |
| Type of enterprise | Retail vs manufacturing | Retail enterprises are often chosen by necessity entrepreneurs due to lower capital needs and proximity to customers | McPherson and Liedholm (1996); Nikiforou et al. (2019) |