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Need for Achievement and Entrepreneurial Success: A Study of Entrepreneurs in Two Rural Industries in West Bengal

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  • Sankar K. Sengupta

    (Department of Business Administration, University of Burdwan)

  • Suraj K. Debnath

    (Shri Chaitanya College of Commerce, Habra, West Bengal)

Abstract

There is a general consensus that need for achievement is a significant factor in entrepreneurial success. However, there is no agreement about how to assess entrepreneurial success. Contending that the health of a firm is reflected in its financial performance, the authors of this paper have used financial ratios to construct an entrepreneurial success index scale, and applied it to determine the relationship between the business success and achievement motivation of a group of entrepreneurs in one of the states in India.

Suggested Citation

  • Sankar K. Sengupta & Suraj K. Debnath, 1994. "Need for Achievement and Entrepreneurial Success: A Study of Entrepreneurs in Two Rural Industries in West Bengal," Journal of Entrepreneurship and Innovation in Emerging Economies, Entrepreneurship Development Institute of India, vol. 3(2), pages 191-203, September.
    • Handle: RePEc:sae:jouent:v:3:y:1994:i:2:p:191-203
    DOI: 10.1177/097135579400300202
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