Entrepreneurial Motivation Linking Entrepreneurial Motivation, Related Experience, Environment Hostility with Financial Success

Issham Ismail (), Robitah Spian and Goh Kong Tay
Additional contact information
Issham Ismail: Universiti Sains Malaysia
Robitah Spian: Universiti Sains Malaysia
Goh Kong Tay: Universiti Sains Malaysia

International Journal of Academic Research in Accounting, Finance and Management Sciences, 2012, vol. 2, issue 1, 150-161

Abstract: This research explores the relationship among entrepreneurial motivation, related experience, environment hostility and financial success, among small retail business owner managers in Penang, Malaysia. Entrepreneurial motivation was categorized into 5 dimensions which are self-development, wealth creation, need for autonomy, push factors and lifestyle change. This study showed that financial success was explained by four dimensions of entrepreneurial motivation (in descending order of importance): self-development, wealth creation, need for autonomy and push factors. While, related experience was positively related to the financial success of small businesses. However, lifestyle change was found not an entrepreneurial motivation for financial success. This study found that environment hostility did not moderate the relationship among entrepreneurial motivation, related experience and financial success, and apart from self- development, there was no difference based on ethnic background. Further research can be conducted to investigate and verify the influence of the factors on the entrepreneurship in Malaysia.

Keywords: Entrepreneurial motivation; financial success; related experience; environment hostility (search for similar items in EconPapers)
JEL-codes: L26 (search for similar items in EconPapers)
Date: 2012
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
http://www.hrmars.com/admin/pics/664.pdf (application/pdf)
http://www.hrmars.com/admin/pics/664.pdf (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:hur:ijaraf:v:2:y:2012:i:1:p:150-161

Access Statistics for this article

More articles in International Journal of Academic Research in Accounting, Finance and Management Sciences from Human Resource Management Academic Research Society, International Journal of Academic Research in Accounting, Finance and Management Sciences
Bibliographic data for series maintained by Hassan Danial Aslam ().