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An individual's motivation to become entrepreneur: evidences from a mineral based economy

Author

Listed:
  • A.K. Garg
  • I.B. Matshediso
  • Deepti Garg

Abstract

Most of the studies that are based on motivation of entrepreneurs have not studied people who would have great potential to become entrepreneurs but do not have their own businesses. This study explored the relationship between individual motivational factors critical to business success and an individual's intention to become an entrepreneur from such people. 56 responses from employees of the diamond cutting industry in Botswana, 17 computer science and 12 civil engineering students were analysed using PLS. Only one motivation factor (opportunity recognition) had a positive relationship with the intention to become an entrepreneur, while other motives could not be validated. Locus of control, self efficacy and intention to become an entrepreneur were validated for respondents who had some business background, indicating the relevance of business experience. These results suggest that training and incubation activities in Botswanas' mineral sector can enhance the motives of individuals in the entrepreneurial process.

Suggested Citation

  • A.K. Garg & I.B. Matshediso & Deepti Garg, 2011. "An individual's motivation to become entrepreneur: evidences from a mineral based economy," International Journal of Entrepreneurship and Small Business, Inderscience Enterprises Ltd, vol. 12(1), pages 109-127.
    • Handle: RePEc:ids:ijesbu:v:12:y:2011:i:1:p:109-127
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    Cited by:

    1. Nerine Mary George & Vinit Parida & Tom Lahti & Joakim Wincent, 2016. "A systematic literature review of entrepreneurial opportunity recognition: insights on influencing factors," International Entrepreneurship and Management Journal, Springer, vol. 12(2), pages 309-350, June.
    2. 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.

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