Need for Achievement an Antecedent for Risk Adaptiveness among Entrepreneurs

§ Indus Institute of Engineering & Technology, Jind (a...

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Need for Achievement an Antecedent for Risk Adaptiveness among Entrepreneurs

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Abstract

The research presents a descriptive study with empirical evidence which enquired the association between need for achievement and risk Adaptiveness among entrepreneurs. Study explores the fact, how need for achievement appetite ignites the desire for risk taking among entrepreneurs. For the purpose of survey a sample of 100 entrepreneurs, 50 each from small and large scale enterprises, were taken. Results of study exhibited that need for achievement was major factor to influence the degree of risk Adaptiveness among entrepreneurs. Mean value for Risk Adaptiveness among small scale entrepreneurs was (M = 14.86) whereas for large scale entrepreneurs was (M = 22.68). It was clear from the mean value of Risk Adaptiveness that the large scale entrepreneurs were more adaptive to the risk in comparison to small scale entrepreneurs. These findings have also been supported by the t value (t = 9.391, p < 0.01).

Funding

No external funding was declared for this work.

Conflict of Interest

The authors declare no conflict of interest.

Ethical Approval

No ethics committee approval was required for this article type.

Data Availability

Not applicable for this article.

How to Cite This Article

Dr. Rishipal, Nidhi Jain. . "Need for Achievement an Antecedent for Risk Adaptiveness among Entrepreneurs". Global Journal of Management and Business Research GJMBR Volume 12 (GJMBR Volume 12 Issue 22).

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Journal Specifications

Crossref Journal DOI 10.17406/GJMBR

Print ISSN 0975-5853

e-ISSN 2249-4588

Keywords
Classification
GJMBR Classification JEL Code: L26
Version of record

v1.2

Issue date
December 22, 2012

Language
English
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Need for Achievement an Antecedent for Risk Adaptiveness among Entrepreneurs

Dr. Rishipal
Dr. Rishipal Indus Institute of Engineering & Technology, Jind (affiliated to Kurukshetra University Kurukshetra)
Nidhi Jain
Nidhi Jain