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Entrepreneurial motivation

Source: wsomfaculty.cwru.edu
Topic: Motivation

Sort Desciption: of the human motivation in the entrepreneurial process in recent .... To isolate the effects of entrepreneurial motivation other factors that could have a ...

Content Inside: Entrepreneurial motivation Scott Shane a * Edwin A. Locke a Christopher J. Collins b a Robert H. Smith School of Business University of Maryland 3355 Van Munching Hall College Park MD 20742 USA b School of Industrial and Labor Relations Cornell University Ithaca NY USA Abstract Recent research on entrepreneurship has focused largely on macrolevel environmental forces Aldrich H. (2000). Organizations evolving. Beverly Hills: Sage and the characteristics of entrepreneurial opportunities Christiansen C. (1997). The innovators dilemma. Cambridge: Harvard Business School Press. Although researchers adopting this focus have rightly criticized much of the existing empirical research on the role of human motivation in entrepreneurship Aldrich H. & Zimmer C. (1986). Entrepreneurship through social networks. In D. Sexton & R. Smilor (Eds.) The art and science of entrepreneurship (pp. 323). Cambridge MA: Ballinger; Adm. Sci. Q. 32 (1987) 570 we believe that the development of entrepreneurship theory requires consideration of the motivations of people making entrepreneurial decisions. To provide a road map for researchers interested in this area we discuss the major motivations that prior researchers have suggested should influence the entrepreneurial process as well as suggest some motivations that are less commonly studied in this area. In addition to outlining the major reasons for exploring these motivations we identify the major weaknesses that have limited the predictive power of previous research on this topic. We offer explicit solutions for future research to adopt to overcome these problems. D 2003 Elsevier Science Inc. All rights reserved. Keywords: Entrepreneurship; Human motivation; Need for achievement 1. Introduction It is often said that a person cannot win a game that they do not play. In the context of entrepreneurship this statement suggests that success depends on peoples willingness to become entrepreneurs. Moreove ...

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