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A Study of Chinese Entrepreneurs’ Motivation for Innovation and Its Influencing Factors

In: Proceedings of the 2023 3rd International Conference on Enterprise Management and Economic Development (ICEMED 2023)

Author

Listed:
  • Haigang Zhuang

    (North-Chiang Mai University, Innovation College
    Yang-En University, School of Management)

  • Yumei Hou

    (North-Chiang Mai University, Innovation College)

Abstract

Innovation strategy has become the core strategy of the country, and entrepreneurs are the natural main body of innovation and the fundamental driving force to promote innovation. However, the academic research on the innovative motivation of entrepreneurs is less and not systematic, and the research on the innovative motivation of Chinese entrepreneurs is even less. By using NVivo 12 plus software to analyze the interview contents in the interview with entrepreneurs’ program, a theoretical model of Chinese entrepreneurs’ innovative motivation and its influencing factors is finally constructed. It is found that the external motivation of Chinese entrepreneurs’ innovation is far more than the internal motivation, and the feelings of home and country account for a high proportion of the external motivation; The influencing factors of innovative motivation include personal factors, environmental factors, and resource conditions. Among the personal factors, spiritual quality accounts for a relatively high proportion and is a very important influencing factor.

Suggested Citation

  • Haigang Zhuang & Yumei Hou, 2023. "A Study of Chinese Entrepreneurs’ Motivation for Innovation and Its Influencing Factors," Advances in Economics, Business and Management Research, in: Gaikar Vilas & Jing Gao & Xi Chen (ed.), Proceedings of the 2023 3rd International Conference on Enterprise Management and Economic Development (ICEMED 2023), pages 257-271, Springer.
    • Handle: RePEc:spr:advbcp:978-94-6463-224-8_33
    DOI: 10.2991/978-94-6463-224-8_33
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