Management Methods | Management Models

Management Methods | Management Models

Necessity driven entrepreneur versus Opportunity driven entrepreneur

Herrington, Kew, Simrie, and Turton, (2011) defined necessity driven entrepreneur as entrepreneur forced to become an entrepreneur due to a lack of options in life, while opportunity driven entrepreneur as a person in an active choice based on the identification and exploitation of an opportunity. 

Reference 
Herrington, M., Kew, J., Simrie, M., & Turton, N. (2011). Global Entrepreneurship Monitor, South Africa. Cape Town: The UCT Centre for Innovation and Entrepreneurship

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