Business Opportunity Recognition and its Facilitation by Entrepreneurship Education: Perception of Nepalese Entrepreneurs

2017 ◽  
pp. 345-366
Author(s):  
Binod Krishna Shrestha
Keyword(s):  
Entrepreneurship Education ◽  
Opportunity Recognition ◽  
Business Opportunity

scholarly journals The Mediating Effect of Emotion on Entrepreneurship Education and Business Opportunity Recognition

2021 ◽  
Vol 21 (3) ◽  
pp. 1479-1493
Author(s):  
Nor Hafiza Othman ◽  
Norasmah Othman
Keyword(s):  
Structural Equation ◽  
Entrepreneurship Education ◽  
Opportunity Recognition ◽  
Partial Least Square ◽  
Least Square ◽  
Mediating Effect ◽  
Equation Modeling ◽  
Business Opportunity ◽  
Business Opportunities ◽  
The Stability

The purpose of this study is to determine the effect of entrepreneurial emotion on relationship between entrepreneurship education and business opportunity recognition. Entrepreneurship process begins when an entrepreneur recognizes a business opportunity that involves various emotions throughout the process. Although various activities and entrepreneurship programs are carried out in universities, the involvements of students and graduates in business start-ups are still small. The main factor is the failure to leverage potential business opportunities, which in turn, leads to the stability of emotion’s reliance. A total of 152 of final year students participated in this study. The data were collected from questionnaires, and the hypotheses were tested using Partial Least Square - Structural Equation Modeling (PLS-SEM). The findings indicated that entrepreneurship education, emotion and opportunity recognition were significantly related. It was also found that entrepreneurial emotion partially mediated the relationship between entrepreneurship education and opportunity recognition. The findings have confirmed that although entrepreneurship education helps improve students’ capabilities to adapt to new environments, and recognizes the potential of business opportunities, a stable emotion is crucial throughout the entire entrepreneurship process.

Entrepreneurial intention of Indian university students: the role of opportunity recognition and entrepreneurship education

2020 ◽  
Vol 62 (7/8) ◽  
pp. 843-861
Author(s):  
Aamir Hassan ◽  
Imran Saleem ◽  
Imran Anwar ◽  
Syed Abid Hussain
Keyword(s):  
University Students ◽  
Self Efficacy ◽  
Entrepreneurship Education ◽  
Entrepreneurial Intention ◽  
Opportunity Recognition ◽  
Content Type ◽  
And Gender ◽  
Business And Management ◽  
Moderating Role

PurposeThe purpose of this study is to investigate the impact of opportunity recognition and entrepreneurial self-efficacy on the entrepreneurial intention of Indian university students. This paper also examines the moderating role of entrepreneurship education and gender on the opportunity recognition–intention and self-efficacy–intention relationships.Design/methodology/approachThe data were collected through a comprehensive questionnaire from 334 students having business and management background. Confirmatory factor analysis was used to ensure the reliability and validity of all the constructs, and structural equation modeling was used to test the proposed hypotheses.FindingsThis study unveils three important findings. First, opportunity recognition and self-efficacy both show a significant positive impact on the entrepreneurial intention of students. Second, education positively moderates “self-efficacy–intention relationship”, and third, gender negatively moderates “opportunity recognition–intention” and “self-efficacy–intention” relationships.Research limitations/implicationsThis study has been carried out using a sample of students from only one university, and the study included only business and management background students. Similar studies can be conducted by adding more motivational and contextual factors with an increased sample size of students having different educational backgrounds.Practical implicationsThis study provides pragmatic support to formulate new educational initiatives that can support students in their present or future entrepreneurial projects.Originality/valueThis study adds to the scarce literature on opportunity recognition and entrepreneurial intention and also highlights the moderating role of entrepreneurship education and gender on opportunity recognition–intention and entrepreneurial self-efficacy–intention relationships.

scholarly journals Entrepreneurial behaviour: The effects of the fear and anxiety of Covid-19 and business opportunity recognition

2021 ◽  
Vol 9 (3) ◽  
pp. 7-23
Author(s):  
Le Thi Loan ◽  
Doung Cong Doanh ◽  
Ha Ngoc Thang ◽  
Ngo Thi Viet Nga ◽  
Pham Thanh Van ◽  
...  
Keyword(s):  
Opportunity Recognition ◽  
Business Opportunity ◽  
Entrepreneurial Behaviour ◽  
Fear And Anxiety

scholarly journals What did Aspiring Young Entrepreneurs in Nicaragua Recognize as Agribusiness and Ecotourism Opportunities using Photovoice as a Data Collection Tool?

2019 ◽  
Vol 26 (2) ◽  
pp. 29-47
Author(s):  
José Uscanga ◽  
Craig Edwards ◽  
Craig Watters
Keyword(s):  
Resource Constraints ◽  
Entrepreneurship Education ◽  
Opportunity Recognition ◽  
Depth Information ◽  
Educational Programming ◽  
Social Good ◽  
Successful Approach ◽  
Study Participants ◽  
Agricultural Tourism ◽  
Photovoice Methodology

Interest in entrepreneurship education by scholars and practitioners as a way to overcome poverty is growing. Yet little is known about how entrepreneurship can be a successful approach to achieving prosperity in resource-poor conditions. Entrepreneurship has been mainly associated with the view of entrepreneurs as super humans capable of solving all problems, especially if operating in resource-rich contexts. This qualitative study’s purpose was to explore, through photovoice methodology, the entrepreneurial opportunities involving agribusiness and ecotourism that Nicaraguan students recognized in their communities. Photovoice allowed the researchers to gain in-depth information from students who expressed in images what may have been difficult to explain in words. The students recognized different opportunities linked to their contexts as expressed through photos documenting local assets and materials. The study participants also indicated interests in doing social good, which suggested a more societally oriented view of entrepreneurship. The poor, including youth often marginalized, were able to recognize business opportunities in concert with their economic conditions. Opportunity recognition may be one of the more promising ways to overcome poverty. Its facilitation holds implications for agricultural, tourism, and rural development curricula and educational programming.     Keywords: entrepreneurship education; opportunity recognition; photovoice; resource constraints; youth

scholarly journals The Use of Small Capital Selling Snacks as A Business Opportunity in The Langowan Shopping Complex

2021 ◽  
Vol 4 (1) ◽  
pp. 1-8
Author(s):  
Olviane Olke Sumampouw
Keyword(s):  
Economic Activity ◽  
Opportunity Recognition ◽  
Market Opportunity ◽  
Business Opportunity ◽  
Market Needs

Langowan is a strategic center of economic activity because it is a meeting place for several sub-districts in Minahasa and Mitra. Therefore, the authors see a market opportunity to start a business selling snacks, including selling wet and dry cakes in the Langowan shopping complex. By considering the research objectives that have been set, this research tends to use the "the out-side in" or "opportunity recognition" approach, which is an approach that emphasizes the idea of responding to market needs as the key to success. Based on the "in-side out" approach, to start a business, a prospective entrepreneur must have business competence.

scholarly journals Opportunity Recognition: Gender and Family Business Background Comparison

2021 ◽  
Vol 3 (2) ◽  
pp. 18
Author(s):  
Christina ◽  
Maureen Nuradhi ◽  
Lili Kristanti
Keyword(s):  
Sample Size ◽  
Gender Equality ◽  
Family Business ◽  
Significant Role ◽  
Entrepreneurship Education ◽  
Opportunity Recognition ◽  
T Test ◽  
The Other ◽  
Research Needs ◽  
Global Innovation

<p>Opportunity recognition is the first nascent step towards entrepreneurship. Previous study shows that gender and family business exposure plays a significant role for entrepreneurs to start a business.  The objective of this study is to find out if there is any difference in opportunity recognition based on gender and family business background. The sample size of this study is 413 students who are taking the Entrepreneurial Global Innovation subject in the fourth semester at Universitas Ciputra Surabaya, comprising 234 males and 179 females. The data was taken at the end of the semester which also coincided with the pandemic covid-19 situation. The data that has been collected is analyzed using independent sample t-test. The result of the study reveals that there is a difference in opportunity recognition between students with family business backgrounds and students without family business background. The other result of this study is that there is no difference in opportunity recognition between male and female.This study contributes to entrepreneurship education especially in term of opportunity recognition and how it is differ between students who have family business background and those who don’t. Further research needs to be done to ascertain whether gender equality in entrepreneurship has actually been achieved.</p>

scholarly journals Family Comes First: An Investigation on Entrepreneurial Intention among Chinese Indonesian Gen Z

2020 ◽  
Vol 3 (1) ◽  
pp. 39
Author(s):  
Kunthi Afrilinda Kusumawardani ◽  
Richard Richard
Keyword(s):  
Self Efficacy ◽  
Structural Equation ◽  
Family Background ◽  
Entrepreneurship Education ◽  
Entrepreneurial Intention ◽  
Sem Analysis ◽  
Future Research ◽  
Business Opportunity ◽  
The Relationship ◽  
Larger Sample

<p>Family and education have often been studied by numerous researchers as the factors of entrepreneurs’ creation. The research discusses the influence of background of family and education in entrepreneurship on the entrepreneurial self-efficacy in shaping the entrepreneurial intention among Chinese Indonesian Gen Z. Through the application of the Theory of Planned Behaviour (TPB), this research employed quantitative method design. This current study uses Structural Equation Modelling (SEM) analysis of 202 individuals. The finding indicates that Family Background and Entrepreneurship Education affect Entrepreneurial Self-Efficacy, and Entrepreneurial Self-Efficacy mediates the relationship between Family Background and Entrepreneurship Education in Entrepreneurial Intention. However, Family Background and Entrepreneurship Education do not have direct influences on Entrepreneurial Intention. Based on the finding, it can be determined that Family Background and Entrepreneurship Education will stimulate a high Entrepreneurial Self-Efficacy which leads to Entrepreneurial Intention. Thus, this study suggests the stakeholder in education in Indonesia create an entrepreneurship-based system in the education curriculum to equip students with knowledge of entrepreneurship and develop the skills not only to discover the business opportunity, but also to create a sustainable one, and at the same time encouraging them to have self-confident in their capability in becoming thriving entrepreneurs. While the finding on Family Background signify that entrepreneurs are nurture, not nature since they need to be stimulated along with Entrepreneurship Education and Self-Efficacy. The limitation of this study lies in the size of the sample, thus future research is recommended to take a larger sample to get more representable data to envisage the Entrepreneurial Intention. This study provides an insight into the Entrepreneurial Intention among Chinese Indonesian Gen Z which has never been investigated in the past. Additionally, it contributes the empirical evidence of Entrepreneurial Self-Efficacy role in transforming Family Background and Entrepreneurship Education into Entrepreneurial Intention.</p>

scholarly journals Cognitive Maps in Early Entrepreneurship Stages

2010 ◽  
Vol 11 (1) ◽  
pp. 29-44 ◽  
Author(s):  
Susana Correia Santos ◽  
Luís Curral ◽  
António Caetano
Keyword(s):  
Cognitive Maps ◽  
Opportunity Recognition ◽  
Temporal Perspective ◽  
Cross Sectional ◽  
Entrepreneurial Motivation ◽  
Business Opportunity ◽  
Individual Interviews ◽  
Developmental States ◽  
Cross Sectional Design

The purpose of this research is to contribute to the explanation of cognitive maps during early entrepreneurship stages. Three groups were selected to represent different developmental states in early entrepreneurship. Individual interviews were conducted, the data were computer content analysed and cognitive maps were extracted. The results show that entrepreneurship experience develops the structure of cognitive maps, increasing clarity, richness and experience-based features. The originality of the research resides in the inclusion of entrepreneurial motivation in business opportunity recognition and the decision to launch a venture model. Through a cross-sectional design, a temporal perspective is captured by including different entrepreneurship stages.

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