Entrepreneurial success and achievement motivation – A preliminary report on a validation study of the questionnaire of entrepreneurial success

Staniewski, Marcin W.; Awruk, Katarzyna

doi:10.1016/j.jbusres.2019.01.073

Cited by 94 publications

(99 citation statements)

References 40 publications

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“…It is consistent with the research results (Morossanova, 2010;Kitsantas, Baylor and Hiller, 2019). The internal motivation of an individual entrepreneur to work, the level of problem solving, the realization of opportunities, and the increase in personal potentials depend on the ability to think critically and self-regulation (Barba-Sánchez and Atienza-Sahuquillo, 2012;Staniewski and Awruk, 2019).…”

Section: Discussionsupporting

confidence: 90%

Features of Critical Thinking of Individual Entrepreneurs With Different Levels of Self-Regulation

Molokhina

Pishchik

Фомин³

2021

IJCRSEE

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In the crisis conditions of entrepreneurs business functioning in Russian, it is important to develop critical thinking in conjunction with the skills of self-regulation of behavior. It is assumed that entrepreneurs with different styles of self-regulation differ in the level of critical thinking, and there is also a relationship between the styles of self-regulation and the level of critical thinking. The theoretical basis of the study is the idea of the relationship between the degree of formation of individual self-regulation and the productivity of performing various types of professional activities. The sample of the study consisted of 140 individual entrepreneurs engaged in entrepreneurial activity for more than two years, aged from 30 to 50 years. We used techniques to analyze the style of self-regulation of behavior, volitional self-regulation, critical thinking and mental abilities. The study allowed us to expand the understanding of the relationship between critical thinking and self-regulation, to reveal the content aspects of critical thinking of entrepreneurs with different levels of self-regulation of behavior. We found out that in the group of entrepreneurs with a high level of self-regulation of behavior, there is a high level of volitional self-regulation, perseverance, self-control, information processing skills and critical thinking skills. We came to conclusion that there are differences at the content and semantic level among entrepreneurs, differentiated by the type of self-regulation. For entrepreneurs with a low level of self-regulation, it is planned to conduct a program for the development of critical thinking.

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Section: Discussionsupporting

confidence: 90%

Features of Critical Thinking of Individual Entrepreneurs With Different Levels of Self-Regulation

Molokhina

Pishchik

Фомин³

2021

IJCRSEE

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“…Despite the popularity and interest of the subject, there is no consensus definition of BS among academics and practitioners [40,41]. However, two views emerge from the literature and these include the subjective and the objective measures of BS.…”

Section: Literature Review and Hypotheses Development 21 Business Success (Bs) And The Theory Of Resourced-based View Of The Firmmentioning

confidence: 99%

Entrepreneurial Motivation, Psychological Capital, and Business Success of Young Entrepreneurs in the DRC

et al. 2021

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The proponents of the entrepreneurial motivation dichotomy have argued that opportunity-driven entrepreneurs are more likely to succeed and sustain in entrepreneurship, unlike people who start-up businesses out of necessity. However, disagreement still exists on why and under which conditions the former might outperform the latter. This research contributes to this debate by examining the mediation role of psychological capital in the relationship between entrepreneurial motivation and business success among youths. This study relied on a random sample of 295 young entrepreneurs surveyed from Bukavu in the Democratic Republic of the Congo (DRC). We applied partial least squares to analyze the hypothesized relationships. Evidence for the positive effect of opportunity-led motivation on psychological capital was found, but the findings did not support any direct effect of entrepreneurial motivation on business success. Instead, psychological capital positively and significantly mediated the relationship between entrepreneurial motivation and business success. This paper makes a distinctive new contribution to the understanding of the intriguing and controversial entrepreneurial motivation dichotomy—a business success relationship. To this end, we have found out that opportunity entrepreneurs have 3% more chance of succeeding in businesses compared to necessity entrepreneurs, because the former outperform the latter by 4% in the dimensions of psychological capital. This paper has new policy implications, as it reveals the great importance of psychological capital in promoting business success, thus reducing unemployment among youths, and offers tips from which psychological capital can be built or improved.

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“…The positive and negative combination with a break-even point is called an inverted U-shaped relationship (Mahmood et al 2019). Taking into account that "entrepreneurial success can refer to the mere fact of continuing to run the business" (Staniewski and Awruk 2019), the trade-off between working capital and firm profitability can be acknowledged as of important significance in the context of entrepreneurial success.…”

Section: Introductionmentioning

confidence: 99%

The Impact of Working Capital Management on Firm Profitability: Empirical Evidence from the Polish Listed Firms

Anton

Nucu

2020

JRFM

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The purpose of this study is to investigate the relationship between working capital and firm profitability for a sample of 719 Polish listed firms over the period of 2007–2016. The scarcity of empirical evidence for emerging economies and the importance of working capital efficiency motivate the research on the working capital–financial performance relationship. The paper adopts a quantitative approach using different panel data techniques (ordinary least squares, fixed effects, and panel-corrected standard errors models). The empirical results report an inverted U-shape relationship between working capital level and firm profitability, meaning that working capital has a positive effect on the profitability of Polish firms to a break-even point (optimum level). After the break-even point, working capital starts to negatively affect firm profitability. The study brings theoretical and practical contributions. It extends and complements the literature on the field by highlighting new evidence on the non-linear interrelation between working capital management (WCM) and corporate performance in Poland. From the practitioners’ perspective, the results highlight the importance of WCM for firm profitability.

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Entrepreneurial success and achievement motivation – A preliminary report on a validation study of the questionnaire of entrepreneurial success

Cited by 94 publications

References 40 publications

Features of Critical Thinking of Individual Entrepreneurs With Different Levels of Self-Regulation

Features of Critical Thinking of Individual Entrepreneurs With Different Levels of Self-Regulation

Entrepreneurial Motivation, Psychological Capital, and Business Success of Young Entrepreneurs in the DRC

The Impact of Working Capital Management on Firm Profitability: Empirical Evidence from the Polish Listed Firms

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