Abstract

The main goal of this research is to examine the motivation of entrepreneurs from Moscow and the Moscow region in conducting entrepreneurial activity in present economic conditions, and to identify the obstacles slowing down this activity. For implementing this goal a survey of 63 small business owners was conducted. To collect the data, authors selected the ME (micro-enterprise), the SB (small business) and the SME (small and medium-sized enterprise). The actors questioned were entrepreneurs and more particularly the heads of companies running an ME, SB or SME in Moscow and its regions. Using research methods as factor analysis and Cronbach’s Alpha, a hierarchy of the different motives and entrepreneurial barriers were constructed. Investigation results show that regarding motivations of entrepreneurs, 4 components were obtained: extrinsic motivations composed of 4 items, intrinsic motivations composed of 6 items, motivations linked to independence and autonomy with 3 items and motivations related to the safety and well-being of the family with 3 items. In terms of barriers or obstacles encountered by Russian entrepreneurs, in regards with the literature review, we obtained 5 components: barriers of legitimacy consisting of 3 items, administrative barriers with 3 items, financial barriers with 2 items, managerial barriers with 3 items and finally competitive barriers with 3 items. The novelty of this study is to improve knowledge of the motivations and barriers that entrepreneurs in Moscow and its region encounter in the course of their activity.

Highlights

  • The study of motivations and entrepreneurial barriers is based on theoretical models of performance studies (Blawatt, 1995; Naffziger et al, 1994), which allows to emerge the importance of the objectives pursued by entrepreneurs when creating their businesses

  • Independence Safety and well-being and autonomy of the family intrinsic motivations composed of 6 items, motivations linked to independence and autonomy with 3 items and motivations related to the safety and well-being of the family with 3 items

  • Based on a survey of 63 business creators in Moscow and the Moscow region, we have tried to identify the main motivations and barriers that these entrepreneurs encounter throughout their activity

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Summary

Introduction

The study of motivations and entrepreneurial barriers is based on theoretical models of performance studies (Blawatt, 1995; Naffziger et al, 1994), which allows to emerge the importance of the objectives pursued by entrepreneurs when creating their businesses. The results obtained by researchers regarding the variable of motivation show that a better understanding of motivation and entrepreneurial barriers contributes to a better understanding of behaviors chosen by entrepreneurs. They give as well a more precise explication of the impact these behaviors have on the performance of their business. This exploratory study aims to determine the motivations and the barriers of entrepreneurs in Moscow and the surrounding region.

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