How Motivation Matters: Conceptual Alignment of Individual and Opportunity As a Predictor of Starting Up
Journal of Business Venturing Insights, Volume 8, November 2017, Pages 56-63
20 Pages Posted: 19 Jul 2017
Date Written: July 13, 2017
• We empirically investigate the importance of individual–opportunity alignment.
• We test our hypothesis using the Panel Study of Entrepreneurial Dynamics II data.
• We find that a misalignment of individual motivation and opportunity expectations has a detrimental effect on the founding of new firms.
• Our results emphasize the role of fit between an individual's motivation and the characteristics of the opportunity.
Keywords: nascent entrepreneurship, financial motivation, individual-opportunity alignment, PSED, person-opportunity fit
JEL Classification: M13
Suggested Citation: Suggested Citation