STARTING AN ENTREPRENEURIAL VENTURE: A STUDY OF DETERMINANTS
STARTING AN ENTREPRENEURIAL VENTURE: A STUDY OF DETERMINANTS
Author(s): Vladimir NjegomirSubject(s): Economy, Sociology of the arts, business, education
Published by: Fakultet za pravne i poslovne studije dr Latar Vrkatić
Keywords: entrepreneurship; determinants; motivation; embracing risk; innovativeness
Summary/Abstract: Entrepreneurship is defined as an individual creative capacity for identifying opportunities and implementing useful ideas in practice. Entrepreneurship plays a key role in the economy and society as it enables economic growth and addresses social issues. Entrepreneurship is a driving force for the growth and transformation of national economies. In view of the importance of entrepreneurship, especially for developing countries such as Serbia, studying the determinants that drive individuals to embark on entrepreneurial ventures has become a valid topic. The aim of the present study is to analyse the determinants that influence individuals to start an entrepreneurial venture. The paper will examine the motivation for starting an entrepreneurial venture, entrepreneurs’ personality traits, creativity and innovativeness, as well as willingness to embrace risk, as determinants of entrepreneurship.
Journal: Civitas
- Issue Year: 13/2023
- Issue No: 01
- Page Range: 272-294
- Page Count: 23
- Language: English