Analysing the Motivations of Chinese Entrepreneurs in Initiating Start-Ups: Empirical Evidence from Chinese Entrepreneurs in Jiangsu Province, China
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Abstract
There are a number of motivating factors that trigger people to start their own business. This paper analysed the motivations that lead Chinese entrepreneurs to start their own business amidst the perceived problems and challenges. Based on the ongoing discourse, this paper provides a deeper understanding on the motivating factors of Chinese entrepreneurs in initiating start-ups. As a result, the researcher employed Factor analysis and structural equation modeling (SEM) in determining the significance of entrepreneur's motivation and start-ups. This paper established that Achievement, challenge & learning (ACL), independence & autonomy (I & A), income security & financial success (ISFS) and family & roles (FR) are recipe for start-ups.