Entrepreneurial Motivation Essay

1641 Words 7 Pages
Over the past decades, the entrepreneurial phenomenon has emerged as an economic and social influencer force, which contributes to reduce unemployment and contributes with the improvement of industrial competitiveness. (Audretsch 2012). Even nowadays as the economy announces job losses, entrepreneurships are supporting the creation of new jobs. As a consequence, it seems appropriate to draw attention to entrepreneurship, and especially for the motivations behind creating a new business.
Entrepreneurial motivation is an important contributor to the development of a society. (Hattab 2014) The motivations of an entrepreneur can determine an attitude and different response in starting and developing business (Simmons et al 2016) The
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This is supported in the fact that post graduate students have a higher intention of creating a new business in the next 5 years (36.2%), while the intention of undergraduate students is just 18.4% (See Table 1.13)


Analysing reliability statistics regarding question: Creating a new company or becoming an entrepreneur would mean for you, and considering that Cronbach’s Alpha indicator is the reliability index of the scale, taking into account the 7 variables of the question, the degree of reliability is high. However, it was necessary to eliminate the economic uncertainty variable to assure the reliability, because that question presented a higher result than 0.801 which is the Cronbach’s Alpha (See Table
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the reliability analysis shows a Cronbach’s Alpha of 0.915, which is the validator of the entire scale, it was necessary to delete the “work productivity under continuous stress” variable from the scale in order to get a reliable scale. (See Table 1.15)


Considering the regression analysis, it is possible to determine that gender, major and status as international a domestic student are significant variables that affect the intention to become entrepreneur, while the variable postgraduate or undergraduate students is not significant to the question. (See Table 1.16)
In the question Creating a new company or becoming an entrepreneur would mean for you, and considering the result in table 1.17, the R-square shows as that these variables just affect the 12% of the entire intention of students to become entrepreneur.

According to Table 1.17, from the students who are extremely interested in creating a new company, the 45% consider their opinion’s family as extremely important for

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