ENTREPRENEURSHIP THEORIES AND BEHAVIOUR Several theories have been developed to explain entrepreneurial behavior and motivating factors. 1). Psychological theories – As those developed by McClelland pay attention to personal traits‚ motives and incentives of an individual and conclude that entrepreneurs have a strong need for achievement. According to this theory‚ entrepreneurship get a boost when there are sufficient supply of individuals with certain psychological characteristics such as need
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McClelland’s Theory of Needs American’s Psychologist David Clarence McClelland (1917-98) proposed that every individual have specific needs that can be classed into need for achievement (nAch)‚ need for affiliation (nAff)‚ and need for power (nPow). Regardless of gender‚ culture or age‚ human beings have three motivating drivers that will affect their behavior. People with a high need for achievement seek to excel‚ to accomplish in relation to a set of standards‚ to struggle to achieve success
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Introduction Entrepreneurship is a phenomenon that is driving the world economy today and aptly so because entrepreneurship is the process of creating economic and social value by means of taking risks‚ creating and exploiting opportunity and generating new ideas. Entrepreneurship is all pervasive and can exist in any industry and market. Also‚ entrepreneurship is not limited to creating new ventures; entrepreneurship also exists in large corporations like Google and 3M where employees are encouraged
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Theories of entrepreneurship and types of entrepreneur Prepared for class discussion by Prof. S.Suryanarayanan XIME CASE STUDY DISCUSSION • TITLE: LUCK OR PERSISTANCE • Dame luck smiles at hard working people. XIME Theories of entrepreneurship Person Max Weber Theory Theory of religious belief Gist Spirit of capitalism-profit motive Protestant ethic-favorable mental attitude of society Evereet E Hagen F Young Theory of social change Withdrawal of status and respect
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References: McClelland Theory 1. http://www.mbsportal.bl.uk/taster/subjareas/busmanhist/mgmtthinkers/mcclelland.aspx 2. http://faculty.css.edu/dswenson/web/LEAD/McClelland.html 3. http://www.haygroup.com/downloads/uk/Competencies_and_high_performance.pdf
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David Clarence McClelland (1917 March 27‚ 1998) was an American personality psychologist‚ social psychologist‚ and an advocate of quantitative history. McClelland earned his BA in 1938 at Wesleyan University‚ his MA in 1939 at the University of Missouri‚ and his Ph.D. in experimental psychology at Yale University in 1941. McClelland taught at the Connecticut College and Wesleyan University before accepting‚ in 1956‚ a position at Harvard University. After his 30-year tenure at Harvard he moved
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First Article “David C. McClelland: Biographical Statement and Synopsis of His Work” By Richard E. Boyatzis‚ Professor of Organizational Behavior‚ Weatherhead School of Mgt. Case Western Reserve University August 15‚ 2000. In this article‚ the author first mentioned the personal background‚ and history of David C. McClelland and his four major contributions in the management field. They are: i. Theory of Human Motives (Needs for Achievement‚ Affiliation‚ Power) and the Leadership Motive
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Gender‚ Entrepreneurial Self-Efficacy‚ and Entrepreneurial Career Intentions: Implications for Entrepreneurship Education Christian Afful Moromoke Boboye Oxalis B. Garcia Eric Ostberg Angela Stevenson MGT600-0703A-01 Professor Donald L. Buresh Abstract Entrepreneurship is a source of innovation‚ job creation and vibrancy for local and regional {text:bookmark-start} Economies (McAlexander‚ Bates‚ & Nelson‚ 2009‚ p. 49) {text:bookmark-end} . Men and women have different Interests
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‘Critically evaluate the key theoretical developments of the term Entrepreneurship’. Student Name : Jonalee B. Magtoto Student ID : 1009007374 Matriculation No: 20037830 Date: June 13th 2013 Word Count : 2‚091 words Introduction: Entrepreneurship as a lot of meaning but for me it divided into two separate fundamental‚ the first part debate high involve
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References: Bridge‚ S.‚ O ’Neill‚ K.‚ and Cromie‚ S. (2004). Understanding enterprise‚ entrepreneurship & small business 2nd Ed Dollinger‚ M. (1999). Entrepreneurship – Strategies and Resources 2nd Ed. New Jersey: Prentice-Hall Grenholm‚ P.‚ Hansen‚ A.‚ Sahlman‚ A.‚ and Volkakis‚ N. (2004). What motivates entrepreneurs and can their motivation be influenced? Stockholm School of Entrepreneurship. Kickul‚ J.‚ and Zaper‚ J. (1998). Untying the knot: do personal and organisational determinants
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