Determining an individual motivation

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Reference no: EM133575044

Question

Werner moved to the United States from a country where entrepreneurship was rare: social safety nets ensured that anyone who could work would be able to find and retain steady employment. Now that he lives in the United States, Werner has noticed a much higher incentive to start his own business, specifically, the lack of employment opportunities for someone with his specific skillset: clock-making and repair. Now he is considering opening his own clock repair shop. Werner's experience demonstrates the importance of ______ in determining an individual's motivation for becoming an entrepreneur. the potential for new job creation the cultural environment per capita income opportunity costs.

Reference no: EM133575044

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