Collection Title: | SIU Thesis | Title : | Entrepreneurs’ Motivation and Success Factors | Material Type: | printed text | Authors: | Urusha Chapagain, Author ; Fuangfa Amponstira, Associated Name ; Pushkar Bajracharya, Associated Name | Publisher: | Bangkok: Shinawatra University | Publication Date: | 2018 | Pagination: | vii, 65 p. | Layout: | Tables, ill. | Size: | 30 cm. | Price: | 500.00 Baht. | General note: | SIU THE: SOM-MBA-2018-N17
THE [MS.[MBA]] -- Shinawatra University, 2018 | Languages : | English (eng) | Descriptors: | [LCSH]Entrepreneur [LCSH]Motivation
| Keywords: | Entrepreneur,
Motivation,
Success Factors | Abstract: | Entrepreneurship is increasingly recognized as an important driver of economic growth, productivity, innovation and employment, and it is widely accepted as a key aspect of economic dynamism. Transforming ideas into economic opportunities is the decisive issue of entrepreneurship. History shows that economic progress has been significantly advanced by pragmatic people who are entrepreneurial and innovative, able to exploit opportunities and willing to take risks.
The relationship between motivational and success factors for entrepreneurs success has not been intensively studied in Nepalese context. This research attempted to access motivational and success factors and their relationship with success of Entrepreneurs in Nepal. The population for this research was composed of entrepreneurs and small business owners. Convenience sampling was used in this study to choose the respondents for the study. Convenience sampling was used due to the nature of study. The data were collected through the distributed questionnaire. Respondents were approached and informed about the purpose of the survey in advance before they were given the questionnaire.
Through the literature review this study identified various motivational factors inducing entrepreneurial intention. Those factors were need for achievement, financial rewards, social recognition, need for independence and necessity. Similarly, access to capital, strong social tie, good products and services, past experience and marketing\ sales promotion were found to be the critical success factors among the entrepreneurs.
The research results revealed most of the entrepreneurs are successful because they provide good products and services with unique features having mass appeal at competitive price and good customer service. Likewise the study also discovered most of the entrepreneurs are successful because they have strong network with suppliers, customers, bank and financial institutions and related business. Thus building network must be an entrepreneur focus area. Similarly, the study identified access to capital plays an important role in order to achieve business success. Further, the study revealed entrepreneurs are successful because they have strong marketing and sales promotion and they have experience.
The study also indicated entrepreneurs with high need for achievement has exceeded expectations in business. Similarly, it can be concluded that entrepreneurs with strong need for financial rewards are successful in their business. Entrepreneurs who were working for achieving social recognition and who were motivated by necessity were also found to be successful. | Curricular : | BBA/MBA | Record link: | http://libsearch.siu.ac.th/siu/opac_css/index.php?lvl=notice_display&id=27875 |
SIU Thesis. Entrepreneurs’ Motivation and Success Factors [printed text] / Urusha Chapagain, Author ; Fuangfa Amponstira, Associated Name ; Pushkar Bajracharya, Associated Name . - [S.l.] : Bangkok: Shinawatra University, 2018 . - vii, 65 p. : Tables, ill. ; 30 cm. 500.00 Baht. SIU THE: SOM-MBA-2018-N17
THE [MS.[MBA]] -- Shinawatra University, 2018 Languages : English ( eng) Descriptors: | [LCSH]Entrepreneur [LCSH]Motivation
| Keywords: | Entrepreneur,
Motivation,
Success Factors | Abstract: | Entrepreneurship is increasingly recognized as an important driver of economic growth, productivity, innovation and employment, and it is widely accepted as a key aspect of economic dynamism. Transforming ideas into economic opportunities is the decisive issue of entrepreneurship. History shows that economic progress has been significantly advanced by pragmatic people who are entrepreneurial and innovative, able to exploit opportunities and willing to take risks.
The relationship between motivational and success factors for entrepreneurs success has not been intensively studied in Nepalese context. This research attempted to access motivational and success factors and their relationship with success of Entrepreneurs in Nepal. The population for this research was composed of entrepreneurs and small business owners. Convenience sampling was used in this study to choose the respondents for the study. Convenience sampling was used due to the nature of study. The data were collected through the distributed questionnaire. Respondents were approached and informed about the purpose of the survey in advance before they were given the questionnaire.
Through the literature review this study identified various motivational factors inducing entrepreneurial intention. Those factors were need for achievement, financial rewards, social recognition, need for independence and necessity. Similarly, access to capital, strong social tie, good products and services, past experience and marketing\ sales promotion were found to be the critical success factors among the entrepreneurs.
The research results revealed most of the entrepreneurs are successful because they provide good products and services with unique features having mass appeal at competitive price and good customer service. Likewise the study also discovered most of the entrepreneurs are successful because they have strong network with suppliers, customers, bank and financial institutions and related business. Thus building network must be an entrepreneur focus area. Similarly, the study identified access to capital plays an important role in order to achieve business success. Further, the study revealed entrepreneurs are successful because they have strong marketing and sales promotion and they have experience.
The study also indicated entrepreneurs with high need for achievement has exceeded expectations in business. Similarly, it can be concluded that entrepreneurs with strong need for financial rewards are successful in their business. Entrepreneurs who were working for achieving social recognition and who were motivated by necessity were also found to be successful. | Curricular : | BBA/MBA | Record link: | http://libsearch.siu.ac.th/siu/opac_css/index.php?lvl=notice_display&id=27875 |
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