Entrepreneurial Opportunity Recognition: a cause and outcome exploration of the influence of profit motives on entrepreneurial activities in France.

Dantec, Alexandre Ronan (2008) Entrepreneurial Opportunity Recognition: a cause and outcome exploration of the influence of profit motives on entrepreneurial activities in France. [Dissertation (University of Nottingham only)] (Unpublished)

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Abstract

In addition to enrich the individuals undertaking business ventures, entrepreneurial activities have been reckoned as benefiting the whole economic development (Gibb, 1996) through creative destruction (Schumpeter, 1950) and job creation (Burns, 2008).

The academic field of entrepreneurship addresses the complex patterns involved in business venturing activities. The upcoming paper is precisely focussed on the motivational attributes displayed by people who dare creating their own business out of an innovative opportunity they identified. The motive of interest is personal wealth accumulation.



Despite the positive outcomes brought forth by entrepreneurship in an economy, some cultures remain hostile to the enterprise spirit. It is the case in France where entrepreneurs continue to face cultural, bureaucratic, and financial hurdles (Shine, 2006, 1).

Nonetheless given the current situation concerning unemployment, France would benefit from a revival of the entrepreneurial spirit which would open perspectives to millions of people about getting self employed. Therefore this study aimed at uncovering the motivations of entrepreneurs which in France are popularly believed to be the pecuniary.

The following piece of work explored the aspirations and drives of six French entrepreneurs and brought forth that the extent to which entrepreneurs exhibit financial motives to engage in venturing activities remains secondary and that money is more perceived as a quantifier of success than as success itself.

Broader insights are also uncovered in the conclusion when linking financial motives, opportunity pursuit and work effort which are believed to make way to further study on the topic.

Item Type: Dissertation (University of Nottingham only)
Keywords: entrepreneurship, financial motives, opportunity recognition
Depositing User: EP, Services
Date Deposited: 03 Feb 2009
Last Modified: 24 Oct 2016 10:37
URI: http://eprints.nottingham.ac.uk/id/eprint/22334

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