This article presents the fi ndings of a study on entrepreneurial motivation based on a sample of 243 fi rst-generation entrepreneurs in Assam in North-East India. The results clearly showed that the entrepreneurs were primarily motivated by the need for economic achievement, personal growth, autonomy and recognition. The desire to contribute to the community was not found to be an important reason to become an entrepreneur. No signifi cant difference was found in the motivations of men and women entrepreneurs. Entrepreneurial motivation also changed in the light of entrepreneurial experience. The most interesting fi nding was dramatic changes in autonomy and power motives moving down from third rank to the last (sixth) rank pursuant to entrepreneurial experience over time, implying a change in the role of entrepreneurs from doers to implementers as their enterprises grew.
S.S. Khanka is Professor (HRM) at the National Institute of Financial Management, Faridabad.
Land, labour, capital, raw materials, innovation, human resources, research and development have all been credited as sources of sustainable competitive advantage (SCA). Yet sources of sustainable competitive advantages continuously change, and transformations in the business environment cause shifts in the sources. A viable method to generate sustainable competitive advantages is knowledge management, and this study empirically links the concept of knowledge management to sustainable competitive advantage. The study investigates how knowledge management practices can be employed to improve strategic positioning and competitiveness in service industries, particularly business schools.
Business and society have been coeval since time immemorial. Only the nature 0/relationship between the two has undergone change/rom profit-drenched motive to people motive. Business history all overthe world is replete with such examples that ultimately the businesses conducted in an ethical or good manner survive and succeed and those conducted in an unethical mannerflounder and fizzle out in due course oftime. The reason is 'Satymev Jayate' i.e., only the truth wins. It is against this'background, the present paper makes an attempt to explain and exemplify how ethical conduct of'business proves good/or business itself.
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