Arbeitspapier
Entrepreneurial Motives as a Differentiating Factor in Innovativeness
Research background: SME character determines that entrepreneur´s personality plays a significant role in their management. For this reason it is necessary to consider the personality as a whole including his/her motives for entrepreneurship. Purpose of the article: The aim of this article is to examine the relationship between entrepreneurial motives and innovativeness in the small and medium-sized enterprises (SMEs) sector in the Czech Republic. Methodology/methods: We have analyzed the data collected in 2015 from 1141 SMEs from 14 regions of the Czech Republic. For the purpose of this article we focused on the motives for doing business, which were analyzed on the part of the whole sample including two selected groups of respondents. The first group (330 respondents) consisted of entrepreneurs who featured money as the most important motive for starting up a business and the second group (251 respondents) consisted of entrepreneurs who featured mission as the main reason for starting up a business. Findings & Value added: We have revealed statistically significant differences in innovativeness between the entrepreneurs motivated by money and the entrepreneurs motivated by mission. Regardless of the entrepreneurial motives vast majority of entrepreneurs consider the innovativeness to be important for their company.
- Language
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Englisch
- Bibliographic citation
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Series: Institute of Economic Research Working Papers ; No. 156/2017
- Classification
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Wirtschaft
Entrepreneurship
- Subject
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entrepreneurial motives
innovativeness
proactiveness
mission
money
- Event
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Geistige Schöpfung
- (who)
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Kozubikova, Ludmila
Sopkova, Gabriela
Krajcik, Vladimir
Tyll, Ladislav
- Event
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Veröffentlichung
- (who)
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Institute of Economic Research (IER)
- (where)
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Toruń
- (when)
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2017
- Handle
- Last update
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10.03.2025, 11:42 AM CET
Data provider
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Kozubikova, Ludmila
- Sopkova, Gabriela
- Krajcik, Vladimir
- Tyll, Ladislav
- Institute of Economic Research (IER)
Time of origin
- 2017
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