Need for Achievement of the Entrepreneur, Intrapreneurship, and the Growth of Companies in Tourism and Trade

Abstract

Need for achievement is an element of the personality of entrepreneurs which can be important for the inception, development, and business performance of small firms. Intrapreneurship can be developed in small firms because of the level of need for achievement possessed by entrepreneurs, and can influence firm growth. Hypotheses are stated and empirically tested on the basis of responses to a structured questionnaire completed by a sample of Slovenian small and medium-sized enterprises in tourism and trade. The research results indicate positive relationships between the need for achievement of the female entrepreneur and intrapreneurship, and between intrapreneurship and firm growth.

A Story of Serial Mediation: Intrapreneurship Explained through a Combination of Individual and Organisational Factors

“…Consequently, organisational support is required to foster an environment that accepts failure and embraces ambiguity. Teamwork and tolerance for mistakes have also been cited as organisational factors that enhance intrapreneurship, in addition to job satisfaction [25,26]. More recently, perceived organisational support has been found to positively predict employee intrapreneurial intention [20].…”

“…Management support also encourages potential intrapreneurs to realise opportunities, and in doing so, creates an environment of trust where employees feel safe to take risks in order to develop ideas that ultimately benefit the organisation. This is particularly important when ideas fail, as a lack of confidence by management in these ambiguous circumstances is likely to have an inhibitory effect on future innovation [26].…”