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How motivation matters: Conceptual alignment of individual and opportunity as a predictor of starting up

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  • Renko, Maija
  • Freeman, Michael J.

Abstract

•We empirically investigate the importance of individual–opportunity alignment.•We test our hypothesis using the Panel Study of Entrepreneurial Dynamics II data.•Misalignment of motivations–expectations is detrimental to the founding of new firms.•Our results indicate the role of entrepreneur-opportunity fit is significant.

Suggested Citation

  • Renko, Maija & Freeman, Michael J., 2017. "How motivation matters: Conceptual alignment of individual and opportunity as a predictor of starting up," Journal of Business Venturing Insights, Elsevier, vol. 8(C), pages 56-63.
    • Handle: RePEc:eee:jobuve:v:8:y:2017:i:c:p:56-63
    DOI: 10.1016/j.jbvi.2017.06.003
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    References listed on IDEAS

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    1. Carter, Nancy M. & Gartner, William B. & Shaver, Kelly G. & Gatewood, Elizabeth J., 2003. "The career reasons of nascent entrepreneurs," Journal of Business Venturing, Elsevier, vol. 18(1), pages 13-39, January.
    2. Paul Davidson Reynolds, 2007. "Entrepreneurship in The United States," International Studies in Entrepreneurship, Springer, number 978-0-387-45671-3, November.
    3. Sarason, Yolanda & Dean, Tom & Dillard, Jesse F., 2006. "Entrepreneurship as the nexus of individual and opportunity: A structuration view," Journal of Business Venturing, Elsevier, vol. 21(3), pages 286-305, May.
    4. Gavin Cassar, 2007. "Money, money, money? A longitudinal investigation of entrepreneur career reasons, growth preferences and achieved growth," Entrepreneurship & Regional Development, Taylor & Francis Journals, vol. 19(1), pages 89-107, January.
    5. Stelios H. Zanakis & Maija Renko & Amanda Bullough, 2012. "Nascent Entrepreneurs And The Transition To Entrepreneurship: Why Do People Start New Businesses?," Journal of Developmental Entrepreneurship (JDE), World Scientific Publishing Co. Pte. Ltd., vol. 17(01), pages 1-25.
    6. Dimo Dimov, 2007. "From Opportunity Insight to Opportunity Intention: The Importance of Person–Situation Learning Match," Entrepreneurship Theory and Practice, , vol. 31(4), pages 561-583, July.
    7. J. Michael Haynie & Dean A. Shepherd & Jeffery S. McMullen, 2009. "An Opportunity for Me? The Role of Resources in Opportunity Evaluation Decisions," Journal of Management Studies, Wiley Blackwell, vol. 46(3), pages 337-361, May.
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    Cited by:

    1. Hamid Etemad, 2020. "Collective internationalization strategy, dispersed information, and entrepreneurial orientation interactions," Journal of International Entrepreneurship, Springer, vol. 18(1), pages 1-14, March.

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