Achievement motive and entrepreneurial orientation: A structural analysis

In this study we have attempted to assess the achievement motive of students of small business, considered as having high entrepreneurial orientations, and students of business and economics, considered as having lower entrepreneurial orientations. Based on a facet definition of achievement motive we analyzed the structure of achievement motive for both samples. As hypothesized, results reflected the three facets of achievement motive: type of confrontation, time perspective related to task performance, and behavior modality. As hypothesized, small business students were found to score higher than their business and economics colleagues on most of the achievement items. Considerable differences between the samples were found on four achievement components: the readiness to face uncertainty, calculating risk, undertaking personal responsibility, and solving problems. The discussion focused on the advantages of the multifaceted approach to achievement motive and implications for assessing it in various settings.