8pm
I am really fed up now with this thesis. I have no interest in it at the moment, I don’t want to do it no more, I had enough and I am like a little schoolgirl, who just don’t want to do her homework. The strangest thing is that actually it is getting done. I am just constantly finding something a lot more important to do. I have consumed most of the sweets today I could find in the cupboard and some of Izzy`s as well. I want to finish it by 31st November! But today is a real struggle! I already had several cups of teas and popped my head through Diana`s door, just to inform her how fed up I was with thesis writing. I am officially constantly looking for excuses to have a break. I think I should really give a call to my mum, I haven’t called her today.
8:39pm
I talked to mum, made a cup of tea, watched a Youtube video and just about to have some chocolate trying to get myself into the mode of thesis writing. I even sprayed my room with some Marks and Spencer Lavender 3 in 1 room spray from The Floral Collection, but my spirit is still not on high for the 3rd point of the Literature Review: An analysis of necessity entrepreneurship in a local context versus taxes and bureaucracy burdens. Arghhhhh, I want to be a child and have a tantrum until someone picks me up and reassures me I don’t have to sit in the buggy if I don’t want to I can walk or run!!! I wish I could just pretend I have no responsibility with this MA. I am really struggling today. My eyes are aching and I am fed up.
I might be stressed because I am meeting my course leader and my mentor tomorrow to discuss what I have to hand in. And a half an hour session with study support, where the literature review is supposed to be read through. I might be just nervous. I need to distress. What is the best way to distress? Let`s try Chill Radio, go to bed and carry on with the writing tomorrow. I know what I am afraid of, what if they tell me I need to put more time and energy in it and I am going crash under the demand. I need to be realistic now, even if they do say that, it is not the end of the world. Come on, calm down!
I am going to have to rewrite and finish this tomorrow:
`Entrepreneurs are experts at spotting opportunities and organising resources to make new ventures happen. They have the vision and business skills to spot an innovative and marketable opportunity, together with the self-confidence to make the decision to set up the new venture and the courage to accept the associated risks. And, once the venture has started, they have the drive and leadership qualities to overcome any problems to make-it-happen.` (Burk, 2006).
The main questions of the idea, which the author tries to answer through this thesis has sprung from historical evidence of the decline of village tailoring by the effects of policy making in the author`s village tailor family, who is the third generation. This matter is further underpinned by her personal experience in investigating how to set up a creative business in her native Hungary in 2004 -2005 after spending 4 years in England and before starting university during a gap year. Because of the high entrepreneurial monthly taxes and the lengthy and complicated registration process the business wasn`t started until 2010 and in England where the online registration process of a sole-trader is no more than 15 minutes and the Secondary National Insurance Contribution is 20 times less than in Hungary. The made-to-measure generational family business was reborn under the name of Vondores mainly focusing on bridal and evening wear, stage and carnival costumes. Since then the differences between the English and Hungarian system for the self-employed sector and the countries different approach to entrepreneurship has a question of interest in the author`s life. This was the time when she first encountered the two different terms: necessity and opportunity entrepreneur. Necessity entrepreneurship is a direct result of transition economy, privatisation and high taxes, Reynolds et al. (2002, p.16) explicitly distinguish between “opportunity-based” and “necessity-based” entrepreneurship in their annual effort (Global Entrepreneurship Monitor) to measure the rate of entrepreneurial activity across countries. According to Reynolds et al. (2002), it is possible to label more than 97 percent of those who are entrepreneurially active as either opportunity or necessity entrepreneurs. Opportunity-based entrepreneurship involves those who choose to start their own business by taking advantage of an entrepreneurial opportunity. Necessity-based entrepreneurship involves people who start a business because other employment options are either absent or unsatisfactory. This paper also looks at the generational effects of self-employment within a family `There appears to be a positive relationship between self-employed parents and the probability of reaching a later stage in the entrepreneurial process, in particular for opportunity entrepreneurs.` Even though the generational self-employment is an internal factor within a family, many external factors are contributing towards the opportunity entrepreneurship, the same is true for necessity entrepreneurship: `For necessity entrepreneurs there is a negative effect of the perception of a lack of financial support on the probability of active involvement in the entrepreneurial process. ` Lack of government support from a policy perspective it is important to understand what drives and characterizes opportunity and necessity entrepreneurship. Do opportunity entrepreneurs indeed have a higher preference for entrepreneurship than necessity entrepreneurs (i.e., are they more motivated to become self-employed)? Reynolds et al. (2002) suggest that necessity entrepreneurs may not necessarily be affected by the same factors as opportunity entrepreneurs. This would imply that current programs designed to encourage entrepreneurship may be appropriate for opportunity motivated entrepreneurs, but not for necessity-motivated entrepreneurs. Opportunity and necessity entrepreneurship may also differ with respect to performance. It has been argued that opportunity entrepreneurship is more likely to have a higher contribution to the economy in terms of innovation and job creation (Reynolds et al., 2002). Hence, policy makers may need to develop different sets of policies to support opportunity and necessity entrepreneurship. The main goal of this study is to investigate whether opportunity and necessity entrepreneurs differ with respect to socio-demographic factors and attitudes towards entrepreneurial activity. Moreover, do opportunity entrepreneurs perceive and experience different obstacles to starting up and running a business than necessity entrepreneurs? Reynolds et al. (2002) finds that about 20 percent of the entrepreneurial activity that is reported, expect to provide no jobs, and about 53 percent of these individuals were necessity entrepreneurs. On the other hand, more than 25 percent of the entrepreneurially active adults expected to provide more than 20 jobs in five years, and about 70 percent of these persons were motivated by opportunity. Also, 9 percent of all opportunity entrepreneurs expect to create a new market, compared to 5 percent of necessity entrepreneurs. http://www.ondernemerschap.nl/pdf-ez/H200610.pdf
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