JIMS8M: The Journal of Indian Management & Strategy
Web of Science
  • Year: 2013
  • Volume: 18
  • Issue: 4

A study of the motives of entrepreneurs towards the establishment of business enterprises

  • Author:
  • Kanagaluru Sai Kumar
  • Total Page Count: 6
  • DOI:
  • Page Number: 32 to 37

Professor, Department of Management, Narayana Engineering College, Nellore (Andhra Pradesh)

Online published on 11 December, 2013.

Abstract

Entrepreneurial development is one of the important segments playing a significant role in the development of country. The entrepreneur plays a risk bearing role which is a difficult one. Therefore, the progress in this sector is difficult to achieve. The present work is a study of the factors that motivate the individuals to establish their own enterprises in the socio economic environment. The sample collected for the study is 115. The data was collected systematically through a structured questionnaire and analyzed. The results shows that profit generation/money making is the one of the main reasons for starting the enterprises followed by other factors such as previous experience in the same or related line and Government and institutional assistance. Appropriate statistical test such as t- test has been applied to test the difference of opinion on motives of entrepreneurs’ gender wise. The test reveals that the opinion of male and female respondents is the same.