Abstract

In the last decade, there has been a revival of interest in understanding how personal characteristics of entrepreneurs might influence the development and success of new firms. This work has advanced beyond simply the consideration of entrepreneurs’ personality traits as predictors of success and has begun to consider competencies, motivation, cognition, and behavior. Thus, we draw on social cognitive theory and the attitudinal and behavioral commitment literature in order to understand how an entrepreneur’s motivation affects the likelihood of creating a new organization.

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