Title: Multivariate analysis of ethnic migrants' entrepreneurial motivation in Ghana

Authors: Jacqueline Zakpaa; Leo-Paul Dana

Addresses: Open University of the Netherlands, Heerlen, The Netherlands ' Dalhousie University, 6299 South St, Halifax, NS B3H 4R2, Canada

Abstract: This study was a cross-sectional survey, and it sought to determine the multivariate structure of factors affecting the self-employment entrepreneurial motivation of internal ethnic migrant entrepreneurs in Ghana. A total of 210 entrepreneurs were selected through simple random sampling in the four major cities in Ghana. High dimensional sets of data produced from a Likert scale with 71 indicator variables of migrant entrepreneurial motivation factors, which were incorporated into a structured questionnaire, were factor analysed, using SPSS version 21. The findings revealed that the significant influences on the entrepreneurial motivation of this group of ethnic migrant entrepreneurs, consisted of factors such as relational social capital or informal personal networks, wealth creation through human capital development, lack of fear of risks taking, impact of a previous job, the effect of the regulatory environment, labour market-based unemployment, access to start-up capital through personal savings, culture, and increase wealth motivation.

Keywords: multivariate analysis; ethnic migrants; entrepreneurial motivation; Ghana.

DOI: 10.1504/IJBG.2024.138020

International Journal of Business and Globalisation, 2024 Vol.36 No.4, pp.469 - 521

Received: 25 Mar 2019
Accepted: 30 Jun 2020
Published online: 17 Apr 2024 *

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