 Founding motives and venture performance: an empirical analysis of technology-oriented new ventures in AustriaRobert J. Breitenecker and Barbara Goller International Journal of Entrepreneurship and Small Business, 2013, vol. 18, issue 4, 443-469 Abstract: Companies are created due to different motives. Based on the fact that personal characteristics and therefore also the motive structure of the entrepreneur have an impact on firm performance, we test a theoretical model of a motive-performance relationship. In so doing, we operationalise the founding motives by defining four distinct motive groups: intrinsic pull, extrinsic pull, intrinsic push and extrinsic push motives. The results show that in terms of financial satisfaction with firm performance both intrinsic pull and intrinsic push motives have a positive significant effect. Extrinsic push and extrinsic pull motives have a significant negative effect on financial satisfaction, where extrinsic pull motives are significant on personal satisfaction. Keywords: entrepreneurship; founding motives; venture performance; extrinsic motivation; intrinsic motivation; push-pull motive; subjective performance measurement; Austria; technology-oriented new ventures; firm performance; theoretical modelling; motive-performance relationship; financial satisfaction; personal satisfaction. (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:ids:ijesbu:v:18:y:2013:i:4:p:443-469 Access Statistics for this article More articles in International Journal of Entrepreneurship and Small Business from Inderscience Enterprises Ltd |
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