The Effect Locus of Control and Need for Achievement Towards Entrepreneurial Performance

W. Rayawan, T. C. Efrata

Abstract


Entrepreneurs are the key generator of economic growth. In this research, the characteristics of the entrepreneurs are being evaluated. Particularly, the locus of control and the need for achievement are being examined to find out their impact towards the entrepreneurial performance of the entrepreneurs. 50 young entrepreneurs are being selected as the research samples using random sampling.The result shows that both the locus of control and need for achievement have a significant effect towards their entrepreneurial performance. The benefit of this research is to provide entrepreneurs with a different perception of what actually contributes to the characteristics of them. The research is conducted within entrepreneurs so that we really know if it really affects them or not. And more importantly, we use sample of entrepreneurs who owns a business solely, as such their effect will be more influenced towards their business instead of multiple leadership or long organizational structure.

Keywords


Entrepreneurs, Locus of Control, Need for Achievement, Entrepreneurial Performance

Full Text:

PDF

References


Audretsch, D.B, Carree, M.A, & Thurik, A.R. (2001). Does Entrepreneurship Reduce Unemployment? (No.TI 01-074/3). Tinbergen Institute Discussion Paper Series. Retrieved from http://hdl.handle.net/1765/6857

Berinstein, P. (2003). Business statistics on the web: find them fast-at little or no cost. Information Today, Inc..

Boone, C, Bert &Hellemans, J. (2000) "Research note: CEO locus of control and small firm performance." Organization Studies, 21.3: 641-646.

Brockhaus, R. H. (1975). I-E Locus Of Control Scores As Predictors Of Entrepreneurial Intentions. Academy of Management Proceedings,1975(1), 433-435. doi:10.5465/ambpp.1975.4990354

Collins, C. J., Hanges, P. J., & Locke, E. A. (2004). The relationship of achievement motivation to entrepreneurial behavior: A meta-analysis

COMCEC Coordination Office.(2017). www.comcec.org/en/comcec/comcec-coordination-office

Ghozali, I. (2011). Structural Equation Modeling Metode Alternatif Dengan Partial Least Square PLS, Edisi 3: Semarang. Badan Penerbit UNDIP

Global Entrepreneurship Monitor, (2016). GEM 2015.

Hair Jr, J. F., Hult, G. T. M., Ringle, C., & Sarstedt, M. (2016). A primer on partial least squares structural equation modeling (PLS-SEM). Sage Publications.

Hansemark, O. C. (1998). The effects of an entrepreneurship programme on need for achievement and locus of control of reinforcement. International Journal of Entrepreneurial Behavior & Research, Vol.4(1), 28-50.

Ladzani, W. M., & Van Vuuren, J. J. (2002). Entrepreneurship training for emerging SMEs in South Africa. Journal of Small Business Management, Vol.40(2), 154.

McClelland, D. J. (1958). "Methods of Measuring Human Motivation", in John W. Atkinson, ed., Motives in Fantasy, Action and Society. Princeton, N.J.: D. Van Nos-trand, 1958, pp. 12–13.

McClelland, D. C. (1965). Toward a theory of motive acquisition. American Psychologist, Vol.20(5), 321.

Musdalifah, I. T. (2015). Effect of Locus of Control and Need for Achievement Results of Learning Through Entrepreneurial Intentions (Case Study on Student Courses Management, Faculty of Economics University of Makasar). International Business Management, 9(5), 798-804.

Ratmono, D.& Solihin, M. (2013). Analisis SEM PLS dengan WrapPLS 3.0 untuk hubungan nonlinear dalam Penelitian Sosial dan Bisnis.

Rauch, A. & Frese, M. (2007a), " Born to be an entrepreneur? Revisiting the personality approach to entrepreneurship ", in Baum, J.R., Frese, M. and Baron, R.A. (Eds), The Psychology of Entrepreneurship, Lawrence Erlbaum Associates Inc, Publishers, Mahwah, NJ, pp. 41 - 66 .

Rauch, A. & Frese, M. (2007b), " Lets put the person back into entrepreneurship research: a meta-analysis on the relationship between business owners personality traits, business creation, and success ", European Journal of Work and Organizational Psychology, Vol. 16 No. 4, pp. 353 - 385 Salant, P., & Dillman, D. A. (1994). How to conduct your own survey. New York: John Wiley and Sons.

Sebora, T.C., Lee, S.M. &Sukasame, N. ( 2009). "Critical success factors for e-commerce entrepreneurship: an empirical study of Thailand".Small Business Economics, Vol. 32 No. 3, pp. 303 - 316 .

Tambunan, T. (2008). SME development, economic growth, and government intervention in a developing country: The Indonesian story. Journal of International Entrepreneurship, 6(4), 147-167.

Treadway, D. C., Hochwarter, W. A., Kacmar, C. J., & Ferris, G. R. (2005). Political will, political skill, and political behavior. Journal of Organizational Behavior, 26(3), 229-245.

Van Vuuren, J. J. (1997) Entrepreneurship education and training: a prospective content model, proceedings of the 8th Annual Entrepreneurship East meets west world conference (ENDEC), Los Angeles, 4-6 September, 591-600 [Downloaded: 2014-06-05]

Vliamos, S. J.& Tzeremes, N. G. (2012). Factors influencingentrepreneurial process and firm start-ups: evidence from central Greece. Journal of the Knowledge Economy, 3(3), 250-264.


Refbacks

  • There are currently no refbacks.


Copyright (c) 2017 Review of Management and Entrepreneurship



The Journal is published by International Business Management -  Universitas Ciputra.


©All right reserved 2016. Review of Management and Entrepreneurship, ISSN: 2548-3536, e-ISSN: 2548-3552

 



Creative Commons License
This work is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.
web
analytics View My Stats