Writing Resources
MOTIVATIONAL INFLUENCES OF SUCCESSFUL ENTREPRENEURS Chapter II REVIEW OF RELATED LITERATURE According to Krueger 2002 the word entrepreneur is derived from the French verb entreprendre which means to undertake to attempt to try in hand to contract for or to adventure to try Girard 1962 Entrepreneur has no single definition that has been acknowledge in the literature An entrepreneur is a rational decision-maker who assumes the risk and provides management for the firm Kilby 1971 but Mill 1948 states that there is a difference between entrepreneurs and managers Therefore The Webster s New World Dictionary defines the word entrepreneur as the one who organize and manages a business and carry out risks for the sake of the income Motivation is a process that provokes action maintain the activity in progress and control the arrangement of activity It is also regarded as the situation that energizes activities and lead towards a certain goal Preeti 2016 Entrepreneurial Motivation is the method that stimulate entrepreneur to make an effort into a higher level in order to achieve his her goals It is also refers to the factors that affects a particular goal persistence and behavior of an entrepreneur Preeti 2016
According to Stefanovic 2010, there are two categories that motivate entrepreneurs and it is the Intrinsic and extrinsic motivation It is stated in his article entitled Motivational and Success Factors of Entrepreneurs The Evidence from a Developing Country that Intrinsic Motivation is about being passionate about your goal and it is a motivation that arises from within Likewise it involves engaging in a behavior
