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Beyond financial success: success goals of creative entrepreneurs

Author

Listed:
  • Vladimír Baláž

    (Slovak Academy of Sciences)

  • Tomáš Jeck

    (Slovak Academy of Sciences)

  • Miroslav Balog

    (Slovak Academy of Sciences)

Abstract

This paper presents evidence on the identities, values and success goals of creative entrepreneurs in Slovakia. The research relies on a database of creative firms supported by the Slovak Creative Voucher Scheme. The survey-based research compares the success goals of creative entrepreneurs with those of people from conventional industries. The research design acknowledges substantial regional economic disparities in Slovakia. The success goals of creative entrepreneurs from the Bratislava region are compared with those of entrepreneurs from less developed regions. Non-parametric tests are applied in order to establish between-group differences. We found that creative entrepreneurs indeed had their own sets of business motives and success goals, different from those of entrepreneurs in conventional industries. The success goals of creative entrepreneurs were not impacted by the location of the business. Creative entrepreneurs located in the capital region of Bratislava had the same structure of success goals as that of people from underdeveloped regions.

Suggested Citation

  • Vladimír Baláž & Tomáš Jeck & Miroslav Balog, 2022. "Beyond financial success: success goals of creative entrepreneurs," Journal of Innovation and Entrepreneurship, Springer, vol. 11(1), pages 1-10, December.
    • Handle: RePEc:spr:joiaen:v:11:y:2022:i:1:d:10.1186_s13731-022-00207-6
    DOI: 10.1186/s13731-022-00207-6
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    References listed on IDEAS

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    1. Chang, Yu-Yu & Chen, Ming-Huei, 2020. "Creative entrepreneurs’ creativity, opportunity recognition, and career success: Is resource availability a double-edged sword?," European Management Journal, Elsevier, vol. 38(5), pages 750-762.
    2. Chen Ming-Huei & Chang Yu-Yu & Wang Hong-Yan & Chen Ming-Han, 2017. "Understanding Creative Entrepreneurs’ Intention to Quit: The Role of Entrepreneurial Motivation, Creativity, and Opportunity," Entrepreneurship Research Journal, De Gruyter, vol. 7(3), pages 1-15, July.
    3. Ajzen, Icek, 1991. "The theory of planned behavior," Organizational Behavior and Human Decision Processes, Elsevier, vol. 50(2), pages 179-211, December.
    4. Teemu Kautonen & Marco van Gelderen & Matthias Fink, 2015. "Robustness of the Theory of Planned Behavior in Predicting Entrepreneurial Intentions and Actions," Entrepreneurship Theory and Practice, , vol. 39(3), pages 655-674, May.
    5. Sophie Bennett & Steven McGuire & Rachel Rahman, 2015. "Living Hand to Mouth: Why the Bohemian Lifestyle Does Not Lead to Wealth Creation in Peripheral Regions?," European Planning Studies, Taylor & Francis Journals, vol. 23(12), pages 2390-2403, December.
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