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New Business Creation, Entrepreneurial Will and Need of Achievement

In: Student Entrepreneurship in the Social Knowledge Economy

Author

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  • Elias G. Carayannis

    (George Washington University School of Business)

Abstract

In conceiving of a possible model of new business creation we have seen that the causal explanation of the creation of a new personal initiative is connected to the creative will of a subject (promoting subject) who considers it the instrument or method of achieving his own objectives. In this way, we have identified how the first element of any start-up process is the presence of an “entrepreneurial vocation” and a creative “will of the entrepreneur” (Te Velde 2004; Casson 2010; Schienstock 2011).

Suggested Citation

  • Elias G. Carayannis, 2014. "New Business Creation, Entrepreneurial Will and Need of Achievement," Innovation, Technology, and Knowledge Management, in: Student Entrepreneurship in the Social Knowledge Economy, edition 127, chapter 0, pages 23-40, Springer.
    • Handle: RePEc:spr:innchp:978-3-319-05567-1_3
    DOI: 10.1007/978-3-319-05567-1_3
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    Cited by:

    1. Ioannis Sitaridis & Fotis Kitsios, 2019. "Entrepreneurship as a Career Option for Information Technology Students: Critical Barriers and the Role of Motivation," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 10(3), pages 1133-1167, September.

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