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Motivations: The Entrepreneurial Mind and Behavior

In: Understanding the Entrepreneurial Mind

Author

Listed:
  • Alan Carsrud

    (Ryerson University)

  • Malin Brännback

    (Åbo Akademi University)

  • Jennie Elfving
  • Kristie Brandt

Abstract

In this chapter various theories and approaches to motivational research are reviewed and applied to the study of the entrepreneur. These are discussed with respect to both necessity and opportunistic entrepreneurship. Various models that integrate internal and external motivation are explored and the concept of risk is examined as a form of motivation. The role of goals and goal setting is also discussed in the motivational framework and is tied to intrinsic and extrinsic motivations. In addition, work and life satisfaction are reviewed as they impact entrepreneurial motivation with specific attention paid to career motivation. Finally, achievement motivation is discussed, not only in terms of a unidimensional model, but also in terms of a multi-dimensional model to predict the performance of firms using the motivation characteristics of the entrepreneur.

Suggested Citation

  • Alan Carsrud & Malin Brännback & Jennie Elfving & Kristie Brandt, 2009. "Motivations: The Entrepreneurial Mind and Behavior," International Studies in Entrepreneurship, in: Alan L. Carsrud & Malin Brännback (ed.), Understanding the Entrepreneurial Mind, chapter 0, pages 141-165, Springer.
    • Handle: RePEc:spr:inschp:978-1-4419-0443-0_7
    DOI: 10.1007/978-1-4419-0443-0_7
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    Citations

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    Cited by:

    1. Kim Hoe Looi, 2020. "Contextual Motivations for Undergraduates’ Entrepreneurial Intentions in Emerging Asian Economies," Journal of Entrepreneurship and Innovation in Emerging Economies, Entrepreneurship Development Institute of India, vol. 29(1), pages 53-87, March.
    2. David Hirschfeld & Marcus Wagner, 2022. "The Interplay of Attitudes, Norms and Control in Sustainable Entrepreneurship: An Experimental Analysis," Sustainability, MDPI, vol. 14(15), pages 1-22, July.
    3. Christian Linder & Michael Nippa, 2019. "Jumping in at the deep end! The role of motivational forces in starting a new venture," International Entrepreneurship and Management Journal, Springer, vol. 15(4), pages 1363-1391, December.
    4. Christopher Schlaegel & Michael Koenig, 2014. "Determinants of Entrepreneurial Intent: A Meta–Analytic Test and Integration of Competing Models," Entrepreneurship Theory and Practice, , vol. 38(2), pages 291-332, March.
    5. Michael H. Morris & Donald F. Kuratko & Minet Schindehutte & April J. Spivack, 2012. "Framing the Entrepreneurial Experience," Entrepreneurship Theory and Practice, , vol. 36(1), pages 11-40, January.

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