Forgotten Motivational Factors of Boyacense Colombian Entrepreneurs: A Subjective Analysis of Second-Generation Incidences
Abstract
:1. Introduction
2. Theoretical Framework
2.1. Entrepreneurship and the Entrepreneur
2.1.1. The Entrepreneur as an Economic Agent
2.1.2. Entrepreneurial Intentions
2.2. Motivation for Entrepreneurship
3. Methodology
3.1. Model for Finding Second-Generation Relationships
3.2. Case Study
3.3. Data Collection: Data Organization
3.4. Methods
3.4.1. Experton Method
3.4.2. Adequacy Coefficient
3.4.3. Forgotten Effects Theory
3.4.4. Direct and Indirect Causal Relationships
4. Results
5. Discussion
6. Conclusions
Author Contributions
Funding
Institutional Review Board Statement
Informed Consent Statement
Data Availability Statement
Conflicts of Interest
References
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Dimension | Subdimension | Definition |
---|---|---|
Economics | Economic independence | One of the most relevant factors for potential entrepreneurs is economic independence, rather than work, because they think that becoming entrepreneurs will give them the possibility to dispense with other sources of income [59]. Additionally, entrepreneurs are business owners, proprietors, and the self-employed [9]. |
Economic development | The trend regarding economic models for economic development focuses on business development through the creation of companies and the encouragement of the business culture [57]. Hence, the emergence of new entrepreneurs generates economic development through employment generation and dynamics, innovation, and productivity and growth [8]. | |
Increase in income | A major route for ambitious wage earners to increase their income is to set up shop and become entrepreneurs [58]. | |
Financial stability | Motivation for survival occurs in the modern world as we need to make money to survive. Hence, entrepreneurs can start their business project with this being one of the main reasons, but with the idea of reaching economic and financial stability. Noticeably, entrepreneurs work to earn money, power, prestige, and status [60]. | |
Need to accommodate work roles | The extraction motivation has a greater influence on women’s intentions to become entrepreneurs, and thrust motivation factors are not very significant. Among the elements that become thrust factors is the need to accommodate work and home roles [61]. |
Dimension | Subdimension | Definition |
---|---|---|
Cultural | Social status | In societies with pro-business cultures, it is more likely that people will want to become entrepreneurs to gain social recognition, to be independent, or to follow in the footsteps of other entrepreneurs they admire (role models) [64]. |
Follow family traditions | The family can drive the entrepreneurial process, for example, by facilitating access to resources needed for entrepreneurship, problem-solving support, and information about opportunities [64]. | |
Contributing to society | Entrepreneurs believe that they contribute to job creation and modernization of the economy [64]. | |
Recognition of the need for approval | The rewards or motivations that an entrepreneur has are to obtain power, prestige, and status. In addition, the need for autonomy and independence also contributes to the approval of human beings [65]. | |
Influence of people | The existence of social (friends, family), institutional (business associations, institutions of higher learning, development agencies, etc.), and commercial (suppliers, customers) networks can boost the entrepreneurial process [64]. |
Dimension | Subdimension | Definition |
---|---|---|
Psychological | Self-realization | Self-realization is the result of productive socialization of the individual who is motivated by a certain internal existential desire. Self-realization describes the reasons for pursuing self-directed goals [67]. |
Need for achievement | The need for achievement is what motivates an individual to become an entrepreneur [55]. Individuals with a high need for achievement will tend toward independence in their careers [68]. | |
Dissatisfaction with current employment | Being unemployed, not having been able to study, dissatisfaction with employment, or fear of job instability are motivations for entrepreneurship based on negative factors [64]. | |
Need for challenge | This association with independence and the need for achievement drive individuals to assume responsibility for solving their own problems, and immediately reaping the rewards of their successful efforts; in general, contrasting with a dependent employee relationship [68]. | |
Self-employment | Self-employment is associated with autonomy, authority, self- realization, and economic opportunity [36]. |
Dimension | Subdimension | Definition |
---|---|---|
Environment | Availability of opportunities and resources | The execution of the venture also depends on other factors, such as the availability of opportunities and resources (time, money, skills, the cooperation of others) [45]. |
Support from government programs | Entrepreneurship plays a key role in a country’s economic development as it becomes a main factor in poverty eradication. As mentioned by [69], entrepreneurs facilitate and create a conducive environment for other entrepreneurs to seek to take the path of creating companies as a life project. | |
Entrepreneurial society | Notably, economic development today is largely due to the implementation of the phenomenon of entrepreneurship [55]. | |
Lack of employment | The motivation of the entrepreneur can arise from the destabilization generated by the different situations that have occurred in life [13]. | |
Flexibility to balance family and work | Entrepreneurship has been assumed to offer a better experience of work–family balance, allowing individuals to better integrate family, work, and other responsibilities [70]. |
Causes | Concept | Effects | Concept |
---|---|---|---|
C1 | Economic independence | E1 | Social status |
C2 | Economic development | E2 | Recognition of the need for approval |
C3 | Increase income | E3 | Self-realization |
C4 | Financial stability | E4 | Need for achievement |
C5 | Need to accommodate work roles | E5 | Dissatisfaction with current employment |
C6 | Follow family traditions | E6 | Need for challenge |
C7 | Contributing to society | E7 | Desire to be one´s own boss |
C8 | People’s influence | ||
C9 | Availability of opportunities and resources | ||
C10 | Government program support | ||
C11 | Enterprising company | ||
C12 | Lack of employment | ||
C13 | Flexibility to balance family and work |
SS | SD | QD | DS | NAD | AG | QA | SA |
---|---|---|---|---|---|---|---|
SC | 0 | 0.17 | 0.33 | 0.5 | 0.67 | 0.83 | 1 |
| E1 | E2 | E3 | E4 | E5 | E6 | E7 |
---|---|---|---|---|---|---|---|
C1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
C2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
C3 | 1 | 1 | 1 | 1 | 1 | 0.99 | 1 |
C4 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
C5 | 1 | 0.99 | 0.96 | 0.97 | 1 | 0.93 | 0.99 |
C6 | 1 | 0.95 | 0.92 | 0.93 | 1 | 0.89 | 0.95 |
C7 | 1 | 1 | 1 | 1 | 1 | 0.99 | 1 |
C8 | 1 | 0.99 | 0.97 | 0.98 | 1 | 0.93 | 0.99 |
C9 | 0.98 | 0.88 | 0.86 | 0.87 | 0.98 | 0.83 | 0.88 |
C10 | 1 | 0.96 | 0.93 | 0.95 | 1 | 0.90 | 0.96 |
C11 | 0.99 | 0.89 | 0.87 | 0.88 | 0.99 | 0.84 | 0.89 |
C12 | 1 | 0.94 | 0.91 | 0.92 | 1 | 0.88 | 0.94 |
C13 | 1 | 1 | 0.98 | 0.99 | 1 | 0.95 | 1 |
| C1 | C2 | C3 | C4 | C5 | C6 | C7 | C8 | C9 | C10 | C11 | C12 | C13 |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
C1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
C2 | 1 | 1 | 0.93 | 0.92 | 0.99 | 1 | 0.93 | 0.99 | 1 | 1 | 1 | 1 | 0.98 |
C3 | 0.97 | 1 | 1 | 0.99 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
C4 | 0.98 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
C5 | 0.9 | 1 | 0.94 | 0.93 | 1 | 1 | 0.94 | 1 | 1 | 1 | 1 | 1 | 0.98 |
C6 | 0.87 | 0.97 | 0.9 | 0.89 | 0.96 | 1 | 0.9 | 0.96 | 1 | 0.99 | 1 | 1 | 0.94 |
C7 | 0.97 | 1 | 1 | 0.99 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
C8 | 0.91 | 1 | 0.94 | 0.93 | 1 | 1 | 0.94 | 1 | 1 | 1 | 1 | 1 | 0.99 |
C9 | 0.8 | 0.9 | 0.83 | 0.82 | 0.9 | 0.94 | 0.83 | 0.89 | 1 | 0.92 | 0.99 | 0.95 | 0.88 |
C10 | 0.88 | 0.98 | 0.91 | 0.9 | 0.97 | 1 | 0.91 | 0.97 | 1 | 1 | 1 | 1 | 0.96 |
C11 | 0.81 | 0.91 | 0.91 | 0.83 | 0.91 | 0.95 | 0.84 | 0.9 | 1 | 0.93 | 1 | 0.96 | 0.89 |
C12 | 0.86 | 0.96 | 0.89 | 0.88 | 0.95 | 0.99 | 0.89 | 0.95 | 1 | 0.98 | 1 | 1 | 0.93 |
C13 | 0.92 | 1 | 0.96 | 0.94 | 1 | 1 | 0.96 | 1 | 1 | 1 | 1 | 1 | 1 |
| E1 | E2 | E3 | E4 | E5 | E6 | E7 |
---|---|---|---|---|---|---|---|
E1 | 1 | 0.9 | 0.88 | 0.89 | 0.99 | 0.84 | 0.9 |
E2 | 1 | 1 | 0.98 | 0.99 | 1 | 0.94 | 1 |
E3 | 1 | 1 | 1 | 1 | 1 | 0.97 | 1 |
E4 | 1 | 1 | 0.99 | 1 | 1 | 0.96 | 1 |
E5 | 1 | 0.91 | 0.88 | 0.89 | 1 | 0.85 | 0.91 |
E6 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
E7 | 1 | 1 | 0.98 | 0.99 | 1 | 0.94 | 1 |
| E1 | E2 | E3 | E4 | E5 | E6 | E7 |
---|---|---|---|---|---|---|---|
C1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
C2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
C3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
C4 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
C5 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
C6 | 1 | 0.97 | 0.97 | 0.97 | 1 | 0.97 | 0.97 |
C7 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
C8 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
C9 | 0.99 | 0.94 | 0.94 | 0.94 | 0.99 | 0.94 | 0.94 |
C10 | 1 | 0.98 | 0.98 | 0.98 | 1 | 0.98 | 0.98 |
C11 | 0.99 | 0.95 | 0.95 | 0.95 | 0.99 | 0.94 | 0.95 |
C12 | 1 | 0.96 | 0.96 | 0.96 | 1 | 0.96 | 0.96 |
C13 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| E1 | E2 | E3 | E4 | E5 | E6 | E7 |
---|---|---|---|---|---|---|---|
C1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
C2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
C3 | 0 | 0 | 0 | 0 | 0 | 1 | 0 |
C4 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
C5 | 0 | 1 | 1 | 1 | 0 | 1 | 1 |
C6 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
C7 | 0 | 0 | 0 | 0 | 0 | 1 | 0 |
C8 | 0 | 1 | 1 | 1 | 0 | 1 | 1 |
C9 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
C10 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
C11 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
C12 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
C13 | 0 | 0 | 1 | 1 | 0 | 1 | 0 |
Causes | Effects | Causes | Effects |
---|---|---|---|
C3 | E6 | C8 | E3 |
C5 | E2 | E4 | |
E3 | E6 | ||
E4 | E7 | ||
E6 | C13 | E3 | |
E7 | E4 | ||
C7 | E6 | E6 | |
C8 | E2 |
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Blanco-Mesa, F.; Leon-Castro, E.; Bermudez-Mondragon, D.; Castro-Amado, M. Forgotten Motivational Factors of Boyacense Colombian Entrepreneurs: A Subjective Analysis of Second-Generation Incidences. Mathematics 2021, 9, 973. https://doi.org/10.3390/math9090973
Blanco-Mesa F, Leon-Castro E, Bermudez-Mondragon D, Castro-Amado M. Forgotten Motivational Factors of Boyacense Colombian Entrepreneurs: A Subjective Analysis of Second-Generation Incidences. Mathematics. 2021; 9(9):973. https://doi.org/10.3390/math9090973
Chicago/Turabian StyleBlanco-Mesa, Fabio, Ernesto Leon-Castro, Dario Bermudez-Mondragon, and Mayra Castro-Amado. 2021. "Forgotten Motivational Factors of Boyacense Colombian Entrepreneurs: A Subjective Analysis of Second-Generation Incidences" Mathematics 9, no. 9: 973. https://doi.org/10.3390/math9090973
APA StyleBlanco-Mesa, F., Leon-Castro, E., Bermudez-Mondragon, D., & Castro-Amado, M. (2021). Forgotten Motivational Factors of Boyacense Colombian Entrepreneurs: A Subjective Analysis of Second-Generation Incidences. Mathematics, 9(9), 973. https://doi.org/10.3390/math9090973