Toward a Multidimensional Model of Entrepreneurship: The Case of Achievement Motivation and the Entrepreneur

Abstract

The results of studies attempting to link achievement motivation and entrepreneurship are reviewed. Despite variability among the studies regarding samples, operationalization of achievement motivation, and its measurement, a fairly consistent relationship between achievement motivation and entrepreneurship was found. This review of the research suggests that the study of psychological traits and motives should be continued, but that these variables should be more precisely operationalized, measured with valid instruments, and included as one dimension in theory-driven, multidimensional research models of entrepreneurship.