Environmental factors on the entrepreneurship of successful restaurant establishment

Environmental factors on the entrepreneurship of successful restaurant establishment

This study was to verify whether the environmental properties of a successful business in the food service industry impact on entrepreneurship and management performance. Research on entrepreneurship and environmental characteristics has been relatively limited worldwide. Two hundred and seventy one questionnaires were used in the final analysis, and the PASW Statistics 18.0 and AMOS 18.0 statistical package were employed. The results of this study suggest 1) The environmental properties of entrepreneurship identified here were different from previous studies. In other words, the innovation of entrepreneurship was affected by psychological traits and economic characteristics. 2) Risk taking was affected by economic and social characteristics. 3) The innovativeness of entrepreneurship was significantly related to financial performance. This study can contribute to examining environmental characteristics in relationship to entrepreneurship and management performances that are associated with success to propose suggestions for those preparing to enter the restaurant industry worldwide.