An Entrepreneurial Well-being Model based on GEM Data for Spain

— The Economics of Happiness is one of the research areas of greatest growth in recent years. Throughout this work, a venture based model in which satisfaction of Spanish entrepreneurs with their professional life is performed. We analyze the responses of 9,989 entrepreneurs using data from the Global Entrepreneurship Monitor (GEM), and six hypothesis are discussed. The results show that, for the Spanish case, there is a strong consistency in the results the opportunity entrepreneurs present greater satisfaction than necessity entrepreneurs.