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Are Entrepreneurs More Happy than Others Entrepreneurship and Happiness - Research Proposal Example

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Summary
Baron and Shane (2007) stated that an entrepreneur is a person who takes risks on his own capacity in order to exploit an opportunity that is present in the market. According to Abrams (2012), the characteristics of entrepreneurs is that they take great pleasure in dealing with…
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Are Entrepreneurs More Happy than Others Entrepreneurship and Happiness
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m and they remain inspired despite the fact that they can make less income than people who are employed, additionally, they work more hours, and deal with a lot of stress compared to employed people (Baron and Shane, 2007). Secondly, it is important to focus on this particular topic in order to establish if indeed people who are employed are not as equally as happy as entrepreneurs are and if so, establish the source of the unhappiness despite the fact that they face fewer challenges and they are certain about the future.

According to the theory presented by Abrams (2012), happiness is interlinked with motivation and therefore a person who is motivated is equally happy but this argument present a research gap in the sense that motivation are derived from factors such as money or incentives, financial security, and conducive working environment that is stress free. Therefore, factors that create motivation are not equally the factors that create happiness since it is argued that entrepreneurs are usually happy but at times, they make much less than people who are employed.

Consequently, it will be critical to identify how happiness is measured or factors that determine the level of happiness. According to Naude (2012), there has been a significant increase in the cases of suicide amongst European entrepreneurs mostly during the recent economic crisis that largely affected the region since there was an erosion of social protection because of the fiscal austerity measures that had been implemented by various governments. Such a case further question how happiness is measured since it is stated that entrepreneurs are naturally happier despite the fact that at times they make less, face more challenges and uncertainties.

However, it is noted this case scenario that during crises entrepreneurs become unhappy to the extent of committing suicide while it had earlier been stated that entrepreneurs are not necessarily motivated by money and always prefer challenges posed

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