Determinants of satisfaction for entrepreneurs

Cooper, Arnold C.; Artz, Kendall

doi:10.1016/0883-9026(95)00083-k

Cited by 385 publications

(285 citation statements)

References 21 publications

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“…in terms of turnover, profit, number of employees (Santarelli and Vivarelli, 2007), and, the entrepreneur's satisfaction and expectations (Cooper and Artz, 1995).…”

Section: Figure 8: Structural Relations Modelmentioning

confidence: 99%

Strangers on the Move: Ethnic Entrepreneurs as Urban Change Actors

Kourtit¹,

Nijkamp²

2012

European Review

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Abstract:This paper aims to examine the critical conditions for success and failure for the new generation of ethnic entrepreneurs in the creative industries in modern Dutch urban areas, in terms of their entrepreneurial behaviour with a particular focus on their personal and business characteristics and their motivation and driving forces, which all determine their entrepreneurship and their business performance. An empirical application is presented, in which the results from an in-depth interview study of Moroccan entrepreneurs are discussed. The findings of our study show that, in general, these entrepreneurs are more open and are looking for new opportunities beyond the traditional markets using break-out strategies. This research study can help to explain how to achieve a better understanding of the important factors which influence entrepreneurial behaviour and activity, the business entry decision, and the creation process, and of the conditions for success and other factors that can have an effect on the performance of ethnic entrepreneurs in the Netherlands, within the broader context of entrepreneurship. This will have implications for various stakeholders such as other ethnic entrepreneurs, policy makers and business investors in this dynamic and promising business environment.Keywords: ethnic entrepreneurship, urban change, strategic performance management, culture, creative industries Pn371kk 1 The Modern City as a Multicultural Melting PotCreativity, innovation and entrepreneurship are often mentioned in the current literature as critical success factors that spur economic development and growth. Lee et al. (2004) argue that entrepreneurship is often associated with creativity, and that creative and innovative regions enjoy a high level of dynamic entrepreneurship, so that creativity offers a positive stimulus for new firm formation in an open and flexible economy.The development of today's business environment, as well as of the modern global economy, has in recent years brought cultural, creative and innovative activities into a new focus, viz. the 'New Economy'. It is often argued that the emergence of the 'new paradigm' of creativity, innovation and entrepreneurship (Matheson, 2006) is mainly due to the perceived international success of the creative sector 1 (Marlet and Poort, 2005) and to Florida's (2002Florida's ( , 2003Florida's ( , 2004) and Scott's (2000) seminal work on Creative Industries (CIs) in modern cities.Entrepreneurship and innovation are two closely connected phenomena that are responsible for a nation's, region's or city's economic growth and cultures. They lead to new forms of productivity and act as the engine of continued prosperity. Entrepreneurship is often found in the small and medium-sized enterprise (SME) sector, and hence it also offers new opportunities for immigrants with a business-oriented attitude.Migration is one of the most studied subjects in the social and behavioural sciences, e.g. in demography, sociology, geography, economics. Several academics speak now...

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“…in terms of turnover, profit, number of employees (Santarelli and Vivarelli, 2007), and, the entrepreneur's satisfaction and expectations (Cooper and Artz, 1995).…”

Section: Figure 8: Structural Relations Modelmentioning

confidence: 99%

Strangers on the Move: Ethnic Entrepreneurs as Urban Change Actors

Kourtit¹,

Nijkamp²

2012

European Review

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“…The degree of entrepreneurial satisfaction is influenced mainly by venture performance, but may also be affected by personal characteristics, motives for start-up and venture characteristics. Existing research on job satisfaction has primarily concentrated on explaining the satisfaction of employees rather than that of entrepreneurs (Cooper and Artz 1995). We contribute to the literature in three ways.…”

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confidence: 99%

“…Although earlier studies control for venture performance and/or income in explaining satisfaction (Cooper and Artz 1995;Bradley and Roberts 2004), we disentangle direct and indirect effects of performance on satisfaction. For example, level of education may have a negative direct effect on satisfaction because of high opportunity costs, while indirectly enhancing satisfaction through increased firm performance.…”

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confidence: 99%

What Makes Entrepreneurs Happy? Determinants of Satisfaction Among Founders

2011

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This study empirically investigates factors influencing satisfaction levels of founders of new ventures, using a representative sample of 1,107 Dutch founders. We relate entrepreneurial satisfaction (with income, psychological burden and leisure time) to firm performance, motivation and human capital. Founders with high levels of specific human capital are more satisfied with income than those with high levels of general human capital. Intrinsic motivation and that of combining responsibilities lowers stress and leads to more satisfaction with leisure time. Women are more satisfied with their income than men, even though they have a lower average monthly turnover.

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“…Some researchers (He, Tian, & Chen, 2007;Woodcock, Beamish, & Makino, 1994) indicated that perceptual measures are appropriate when (1) companies are either unwilling or unable to provide sensitive accounting data; (2) variations in accounting approaches across countries is likely to hinder the reconciliation of differences; and/or (3) there are fluctuations in exchange rates between home and host countries. As a widely used construct in previous studies (Andersson, Forsgren, & Holm, 2002;Birkinshaw, Hood, & Young, 2005;He, Tian, & Chen, 2007;Lu, et al, 2010), perceptual measures of performance have been proved to possess strong internal consistency and reliability (Cooper & Artz, 1995;Ketokivi & Schroeder, 2004).…”

Section: Sample and Data Collectionmentioning

confidence: 99%