Entrepreneurship and Financial Crisis A Critical I
2.3. Motives and Patterns of Entrepreneurship The different approaches and definitions of the concept of
entrepreneurship trigger to clarify three specific points. The
first point relates to the perception that the main motive for
entrepreneurship is the financial gain. In fact, the economic
profit is only one dimension of the generated value, while
there are many factors that affect the profitability beyond a
general and vague contribution of entrepreneurship. As
mentioned in the previous paragraph there are other motives
which underpin entrepreneurship, such as the need to achieve
high targets (McClelland, 1961), the need for independence,
etc. Finally, the entrepreneurial success can be judged by
different criteria from the economic profit as n create social
value phenomenon known as social entrepreneurship.
The second point has to do with the fact that the historical
background to the concept of entrepreneurship has shown
that both the definitions and characteristics attributed to
entrepreneurs mostly confined to the private sector. However,
the image of courageous businessman-owner who achieves
what no one else has accomplished is a remnant of the era
where small businesses were the dominant form of private
economic organization. The entrepreneurial approaches to
individual events such as the creation of new business,
introducing new products on the market are not able to
interpret business activities conducted in organizations, a
phenomenon known as corporate entrepreneurship. The
business activity within organizations is a special
management
style
which
is
based
on
identifying
opportunities and is not limited by the size or age of the body
nor of the sector in which the organization operates
(Majumdar, 2008). Finally, the third point is that all
approaches to the concept of the entrepreneur and
entrepreneurship are not necessarily mutually exclusive to
each other. The entrepreneur acts according to the prevailing
conditions and opportunities presented (Thompson, 2004).
Regarding its business intentions about gender, several
studies
show
that
the
intentions
of
people
for
entrepreneurship differentiated by gender, with men bearing
stronger intentions than women (Muthaih & Venkatesh,
2012), the which are less likely to start their own business. In