A study of entrepreneurial motivation: Comparison of fast- and slow-progressing small-scale industrial entrepreneurs in Punjab, India

Abstract

Determined the level of achievement motivation and other motivational factors associated with the differential rate of industrial growth of fast- and slow-progressing entrepreneurs. 184 small scale industrial entrepreneurs completed (a) tests of achievement motivation, attitude toward money, and attitude toward labor unions; and (b) interviews assessing job satisfaction, job prestige, value patterns, aspirations, and interests. Analyses show that aspirations, achievement motivation, and investment were associated with a fast rate of industrial growth, whereas, hoarding and optimism seemed to be related to the slow rate. (18 ref.) (PsycInfo Database Record (c) 2025 APA, all rights reserved)