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Beyond entrepreneurial intentions: values and motivations in entrepreneurship

journal contribution
posted on 2023-07-26, 14:57 authored by Alain Fayolle, Francisco Liñán, Juan A. Moriano
The role of values and motivations in understanding the entrepreneurial cognitive process deserves closer attention. So far, the predominant approach has been studying the entrepreneurial intention. This has been a very fruitful avenue of research. However, there is still much to be known to fully understand how the decision to start a venture is formed, and how the individual acts to implement that decision. Values and motivations are closely related, since both of them are linked to the notion of goals. The higher the importance attached to a goal, the more likely the person will form action plans to achieve it. In this paper, we present some ideas on how values and motivations could be integrated into the predominant entrepreneurial intention model. Firstly, we propose that values may help to explain the formation of intention antecedents (e.g., attitudes), and also moderate their effect on the entrepreneurial intention. Secondly, we point to the possibility that values and motivations may also play a role in the intention–action link. In particular, they may be instrumental in overcoming the barriers and obstacles toward effective start-up. In addition, this paper is also an introduction to the special issue, and we present the four papers selected to be included and highlight some of the most interesting aspects of their contributions.

History

Refereed

  • Yes

Volume

10

Issue number

4

Page range

679-689

Publication title

International Entrepreneurship and Management Journal

ISSN

1555-1938

Publisher

Springer

Language

  • other

Legacy posted date

2020-03-31

Legacy Faculty/School/Department

ARCHIVED Lord Ashcroft International Business School (until September 2018)

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