A REVIEW OF THE DECISIONAL FACTORS IN ADOPTING ENTREPRENEURSHIP AS A CAREER CHOICE

Abstract

Entrepreneurship is of critical importance in market economies. So it is important to analyse the reasons for
people to engage in it. This paper evaluates the reasons for some people to choose entrepreneurial path while
others prefer to remain as employees. Also, classifying characteristics that differentiate entrepreneurs from nonentrepreneurs is vital to the field of entrepreneurship. It has been described in this paper that non-monetary
factors are more important reasons for starting enterprises than monetary factors. Non-monetary factors are
given higher importance by entrepreneurs as they get the opportunity to use their skill and talents more
efficiently, work with more freedom and be more creative with their ideas.