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Motivations: The Entrepreneurial Mind and Behavior

In: Revisiting the Entrepreneurial Mind

Author

Listed:
  • Alan Carsrud

    (Åbo Akademi University, School of Business and Economics)

  • Malin Brännback

    (Åbo Akademi University, School of Business and Economics)

  • Jennie Elfving

    (Centria University of Applied Sciences)

  • Kristie Brandt

    (Åbo Akademi University, School of Business and Economics)

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, 2017. "Motivations: The Entrepreneurial Mind and Behavior," International Studies in Entrepreneurship, in: Malin Brännback & Alan L. Carsrud (ed.), Revisiting the Entrepreneurial Mind, chapter 0, pages 185-209, Springer.
    • Handle: RePEc:spr:inschp:978-3-319-45544-0_13
    DOI: 10.1007/978-3-319-45544-0_13
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    Citations

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    Cited by:

    1. Esfandiar, Kourosh & Sharifi-Tehrani, Mohamad & Pratt, Stephen & Altinay, Levent, 2019. "Understanding entrepreneurial intentions: A developed integrated structural model approach," Journal of Business Research, Elsevier, vol. 94(C), pages 172-182.
    2. María José González-López & María Carmen Pérez-López & Lázaro Rodríguez-Ariza, 2021. "From potential to early nascent entrepreneurship: the role of entrepreneurial competencies," International Entrepreneurship and Management Journal, Springer, vol. 17(3), pages 1387-1417, September.
    3. Yu-Te Liu, 2019. "Exploring the role of original aspiration in effectuation tendency," International Entrepreneurship and Management Journal, Springer, vol. 15(3), pages 977-1016, September.
    4. Padmaja Argade & Fanny Salignac & Ralf Barkemeyer, 2021. "Opportunity identification for sustainable entrepreneurship: Exploring the interplay of individual and context level factors in India," Business Strategy and the Environment, Wiley Blackwell, vol. 30(8), pages 3528-3551, December.
    5. van Ewijk, Anne R. & Weber, Wiebke, 2021. "The value of knowing what you want: Goal hierarchy and entrepreneurial intentions," Journal of Business Venturing Insights, Elsevier, vol. 15(C).

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