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2169-026X

Journal of Entrepreneurship & Organization Management
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Research Article

Understanding the Motivations of Female Entrepreneurs

Tomas Chamorro-Premuzic1*, Carlotta Rinaldi1, Reece Akhtara1 and Gorkan Ahmetoglu2

1Department of Psychology, UCL, London, UK 26 Bedford Way, London, WC1H 0AP, UK

2Institute of Management Studies, Goldsmiths, University of London, London, UK New Cross, London, SE14 6NW, UK

*Corresponding Author:
Tomas Chamorro-Premuzic
Department of Psychology
University College London
26 Bedford Way, London WC1, UK
Tel: +447941386220
E-mail: [email protected]

Received Date: November 04, 2013; Accepted Date: February 22, 2014; Published Date: February 27, 2014

Citation: Chamorro-Premuzic T, Rinaldi C, Akhtara R, Ahmetoglu G (2014) Understanding the Motivations of Female Entrepreneurs. J Entrepren Organiz Manag 3: 111. doi: 10.4172/2169-026X.1000111

Copyright: © 2014 Chamorro-Premuzic T, et al. This is an open-access article distributed under the terms of the Creative Commons Attribution License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original author and source are credited.

Abstract

This paper investigates the psychological factors of female entrepreneurship, with a particular focus on personality and motivational factors — addressing a weakness in the existing literature. Through the use of two psychometric measures, the Measure of Entrepreneurial Tendencies and Abilities, and the Motives, Values and Preferences Inventory, female entrepreneurs are strongly motivated by a need for power, commerce, logical decision making, aesthetics and a need for change. Theoretical and practical implications are discussed.

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