Motives, Modernity, and Entrepreneurial Competence

Summary

A study of 67 entrepreneurs and 48 nonentrepreneurs from two subcultures showed that while n Achievement, n Power, efficacy, and overall modernity were positively correlated with entry into enterprise, a factor analytically derived scale of entrepreneurial competence correlated with only education and religious modernity. Need Affiliation showed no association with either entry or competence. Results are consistent with the hypothesis that the social and psychological skills required by entrepreneurial competence are different from those required by entry into entrepreneurial activity. The subcultural differences in correlates of competence were suggestive, but not significant.