The Effects of Career Orientations on Entrepreneurial Satisfaction and Business Sustainability

Abstract

This study empirically analyzes how the career orientation factors of startup entrepreneurs affect entrepreneurial satisfaction as well as business sustainability. We propose directions for startup sustainability and development. Based on previous research, we defined the career orientation of entrepreneurs through the five orientation factors of security, autonomy, technical competence, managerial competence, and entrepreneurial creativity. We constructed a research model to determine whether these factors have a causal relationship with entrepreneurial satisfaction or business sustainability through the medium of organizational entrepreneurship. We surveyed startups in Korea using a questionnaire and collected and analyzed a total of 282 points of survey data. The analysis results demonstrated that the entrepreneurial creativity and managerial competence of the members of a startup can play an important role within entrepreneurial satisfaction and business sustainability. Both autonomy and technical competence exhibited no effect on entrepreneurial satisfaction and business sustainability through the medium of entrepreneurship, while security showed a negative effect. In order to improve entrepreneurial satisfaction and achieve business sustainability, we confirmed that it was more important for startups to consider the creativity and business management competences of entrepreneurs rather than pursue business security or have a technology-oriented attitude.

Impact of Motivational Factors on the Work Results of Lecturers at Vietnam National University, Hanoi

“…External factors include school policy, working environment, training and development, wages and other benefits (Sebaluck & Seegum, 2013;Situma, 2015;Rasheed et al, 2016;Do et al, 2019;Do et al, 2020;Do & Canh, 2018;Ai et al, 2019). These factors have a positive effect on job satisfaction, and the lack of these factors will lead to a decrease in job satisfaction among lecturers (Lee & Kim, 2019). Tella et al (2007) suggested that bonuses are seen as a motivational strategy to improve work productivity, commitment to work, and lecturers' satisfaction.…”

“…Several studies have considered the impacts of motivation to work on the performance of lecturers (e.g., Do et al, 2019;Do et al, 2020;Huynh, Do, & Truong, 2019;Le, 2020;Lee & Kim, 2019;Luu, Do, Canh, Nguyen, & Thai, 2019). Davidson (2007) found out the influence of organizational culture factors on the performance of teachers.…”

Entrepreneurial Orientation, Network Competence and Human Capital: The Internationalization of SMEs in Oman

“…Risk taking refers to the ability to take bold actions such as entering new markets, while avoiding unnecessary risks (Lumpkin & Dess, 1996). Autonomy, managerial competence, technical competence and creativity have a direct impact on entrepreneurial creativity (Lee & Kim, 2019). Competitive aggressiveness can be described as a response to threats or a tendency to take on competitors head-on (Antoncic et al, 2003).…”

The Effect of Social Capital on Social Entrepreneurial Intention among Vietnamese Students

“…The more entrepreneurial intention grows up; the more entrepreneurs appear in our society. In other words, intentions are still perceived as the single best predictors of behavior (Ajzen, 1991), including entrepreneurial behavior (Krueger, 2000;Linan et al, 2011, Lee & Kim, 2019. Entrepreneurial intention is also seen as a cognitive process that orients and directs a person' planning and applying this business plan (Boyz & Vozikis, 1994;Luc, 2018;Lu & Wang, 2018).…”