What motivates entrepreneurs? A study of the value systems of Filipino entrepreneur

College

Ramon V. Del Rosario College of Business

Department/Unit

Accountancy

Document Type

Article

Source Title

International Journal of Entrepreneurship

Volume

15

First Page

73

Last Page

97

Publication Date

8-8-2011

Abstract

Given the pivotal role of the entrepreneur in nation building and economic development, the key to unleashing his full potential for economic growth is to identify and understand his values and value system which affects his attitude and subsequently his behavior. While there are studies on what are the character traits of Filipino entrepreneur, a few have explored the personal value system that affects these attributes and characteristic traits. This study identified the value system of Filipino entrepreneurs using the universally accepted Rokeach Value Survey (RVS) and in the process provided an explanation to underlying the findings of other studies about the characteristics and styles of Filipino entrepreneurs following the VALUESATTITUDE- BEHAVIOR framework. Furthermore, the study tested whether the value systems are homogeneous and concludes by discussing the implications to economic policies of the country.

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Disciplines

Business Administration, Management, and Operations

Keywords

Businesspeople--Attitudes--Philippines; Values; Motivation (Psychology); Businesspeople--Philippines--Psychology

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