IDEAS home Printed from https://ideas.repec.org/a/ids/ijbenv/v3y2010i1p38-56.html
   My bibliography  Save this article

The effect of entrepreneurs' motivation and the local economic environment on young venture performance

Author

Listed:
  • Alberto Arias
  • Inaki Pena

Abstract

In this study, we examine the effect of entrepreneurs' motivation and the local economic environment on young venture performance. Field data was collected from entrepreneurs of two different regions, South America and Europe. Our findings suggest that the degree of entrepreneurial motivation at firm creation (i.e., necessity-driven versus opportunity-driven motivation) determine subsequent venture performance during firm infancy (i.e., three to four initial years from inception). Results show that the human capital profile of necessity-driven entrepreneurs at the moment of firm start-up is weaker than that of opportunity-driven entrepreneurs in both regions. When we compare the profile of necessity-driven entrepreneurs for each region, noticeable differences arise.

Suggested Citation

  • Alberto Arias & Inaki Pena, 2010. "The effect of entrepreneurs' motivation and the local economic environment on young venture performance," International Journal of Business Environment, Inderscience Enterprises Ltd, vol. 3(1), pages 38-56.
    • Handle: RePEc:ids:ijbenv:v:3:y:2010:i:1:p:38-56
    as

    Download full text from publisher

    File URL: http://www.inderscience.com/link.php?id=31269
    Download Restriction: Access to full text is restricted to subscribers.
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Backman, Mikaela & Karlsson, Charlie, 2013. "Exploration of Wisdom Ages: Firm survival," Working Paper Series in Economics and Institutions of Innovation 339, Royal Institute of Technology, CESIS - Centre of Excellence for Science and Innovation Studies.
    2. Zaleha Mohamad* & Wan Nurul Aina Wan Bukhari & Isma Rosila Ismail & Khatijah Omar & Azizul Yadi Yaakop & Shaladdin Muda, 2018. "Relationship Between Motivation And Business Sustainability: A Study On Homestay Entrepreneurs In Malaysia," The Journal of Social Sciences Research, Academic Research Publishing Group, vol. 4(12), pages 761-768, 12-2018.
    3. Giacomin, Olivier & Janssen, Frank & Guyot, Jean-luc & Lohest, Olivier, 2011. "Opportunity and/or necessity entrepreneurship? The impact of the socio-economic characteristics of entrepreneurs," MPRA Paper 29506, University Library of Munich, Germany.
    4. Juergen Bruenjes & Javier Revilla Diez, 2012. "Opportunity entrepreneurs - potential drivers of non-farm growth in rural Vietnam?," Working Papers on Innovation and Space 2012-01, Philipps University Marburg, Department of Geography.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ids:ijbenv:v:3:y:2010:i:1:p:38-56. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sarah Parker (email available below). General contact details of provider: http://www.inderscience.com/browse/index.php?journalID=69 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.