New venture start-up is an interactive process between individual and their environments. We thus propose and empirically test a model of the entrepreneurial process that examines the dynamic relationships between entrepreneurial process that examines the dynamic relationship between entrepreneurs' personality characteristics and environmental conditions. Findings reveal the entrepreneurs' achievement motivation significantly and positively relates to performance regardless of the munificence level in environment. However, risk-taking propensity is only negatively associated with performance at low munificence level.
Department, Program, or Center
Int. J. Entrepreneurship and Small Business. Vol. 4, No. 4, 2007
RIT – Main Campus