Fifty-one technical entrepreneurs were studied, focusing upon the relationships between their motivation and company performance. More specifically, the relationships between the entrepreneurs' need for achievement, need for power, and need for affiliation were related to the performance of the 51 small companies they founded and operated. The results indicate that high need for achievement and moderate need for power are associated with high company performance. The effects of need for power and need for affiliation on performance seem to be derived through their influence on leadership styles.
Sixty-nine technical entrepreneurs were studied emphasizing description of several of their characteristics such as family background, education, and motivation. The results indicate that entrepreneurial fathers are more likely to produce entrepreneurial sons. An individual's home environment and attitudes that seem to be embodied in his religious background are likely to have strong influences on his goal orientation, education, and whether or not he becomes an entrepreneur.In addition, those technical entrepreneurs whose fathers had high occupational status were educated sooner and to a higher level than those whose fathers had low occupational status. At the same time it was determined that the technical entrepreneurs who had self-employed fathers were educated usually to around the Master of Science degree level, the median education of the entire sample.The predominance of such educational behavior for entrepreneurial sons may be explained by their goal orientation.Low levels of education usually do not provide sufficient knowledge to run effectively a technically-based enterprise.Higher levels of education appear not to be necessary and may be regarded as over-preparation by a would-be entrepreneur.
scite is a Brooklyn-based organization that helps researchers better discover and understand research articles through Smart Citations–citations that display the context of the citation and describe whether the article provides supporting or contrasting evidence. scite is used by students and researchers from around the world and is funded in part by the National Science Foundation and the National Institute on Drug Abuse of the National Institutes of Health.
customersupport@researchsolutions.com
10624 S. Eastern Ave., Ste. A-614
Henderson, NV 89052, USA
Copyright © 2024 scite LLC. All rights reserved.
Made with 💙 for researchers
Part of the Research Solutions Family.