THE IMPACT OF ENTREPRENEURIAL EXPERIENCE ON OPPORTUNITY IDENTIFICATION AND EXPLOITATION: HABITUAL AND NOVICE ENTREPRENEURS

2004 ◽  
pp. 231-263 ◽  
Author(s):  
Deniz Ucbasaran ◽  
Mike Wright ◽  
Paul Westhead ◽  
Lowell W Busenitz
Keyword(s):  
Opportunity Identification ◽  
Entrepreneurial Experience ◽  
Novice Entrepreneurs ◽  
The Impact

Role Models and Entrepreneurial Intention: The Moderating Effects of Experience, Locus of Control and Self-Esteem

2017 ◽  
Vol 25 (02) ◽  
pp. 149-177 ◽  
Author(s):  
Olivier Brunel ◽  
Eric Michael Laviolette ◽  
Miruna Radu-Lefebvre
Keyword(s):  
Locus Of Control ◽  
Self Efficacy ◽  
Role Models ◽  
Entrepreneurial Intention ◽  
Self Esteem ◽  
Moderating Effects ◽  
Personality Variables ◽  
Entrepreneurial Experience ◽  
Internal Locus Of Control ◽  
The Impact

This article demonstrates that the impact of role models (RMs) on students’ self-efficacy and entrepreneurial intention is moderated by their entrepreneurial experience and personality variables such as self-esteem and locus of control. 276 students enrolled in an entrepreneurship education programs (EEPs) were exposed to either a positive or a negative sensitisation message by alumni who became entrepreneurs to test its impact on the students’ self-efficacy and entrepreneurial intention. Findings indicate that students with entrepreneurial experience, high self-esteem and internal locus of control are less impacted by entrepreneurial role models. We discuss the relevance and effectiveness of role models in EEPs.

The Impact of Entrepreneurial Education on Entrepreneurial Activity: With the Moderating Role of Future Time Perspective and Mediating Role of Opportunity Identification

2019 ◽  
Vol 16 (11) ◽  
pp. 4660-4667
Author(s):  
Chandej Charoenwiriyakul ◽  
Sriparinya Toopgajank ◽  
Sittichai Thammasane
Keyword(s):  
Time Perspective ◽  
Positive Impact ◽  
Future Time Perspective ◽  
Entrepreneurial Activity ◽  
Entrepreneurial Education ◽  
Opportunity Identification ◽  
Future Time ◽  
Mediating Role ◽  
The Impact

Purpose: This research is conducted to know the impact of entrepreneurial education on entrepreneurial activity in Thailand, this study also focuses on the moderating effect of future time perspective between entrepreneurial education and opportunity identification. This study is directed to keep opportunity identification as a mediating role between entrepreneurial education and entrepreneurial activity. Methodology: Method of quantitative study is used, questionnaire was selected as the research tool, questionnaires were distributed among private and public universities of Thailand and an online survey was also conducted in order to collect data and in order to collect opinions regarding the main idea of this research. Results: The results showed that entrepreneurial education has a very important and positive impact on entrepreneurial activity and opportunity identification effectively mediates that relationship between entrepreneurial education and opportunity identification. It can be seen that future time perspective is significantly moderating between opportunity identification and entrepreneurial education. Implications: The format and variables adopted in this research are a vital addition to the literature world as almost no research was done keeping these variables all at once whereas, practically this research is helpful for the entrepreneurs and higher education system.

scholarly journals The impact of habitual entrepreneurial experience on new firm closure outcomes

2016 ◽  
Vol 48 (2) ◽  
pp. 303-321 ◽  
Author(s):  
Sandra Gottschalk ◽  
Francis J. Greene ◽  
Bettina Müller
Keyword(s):  
Entrepreneurial Experience ◽  
New Firm ◽  
The Impact

scholarly journals Comparing the impact of three different experiential approaches to entrepreneurship in education

2020 ◽  
Vol 26 (5) ◽  
pp. 937-971 ◽  
Author(s):  
Martin Lackéus
Keyword(s):  
Value Creation ◽  
Venture Creation ◽  
Skills Acquisition ◽  
Entrepreneurial Education ◽  
Opportunity Identification ◽  
Teacher Interviews ◽  
Content Type ◽  
Knowledge And Skills ◽  
Survey Responses ◽  
The Impact

PurposeThree different pedagogical approaches grounded in three different definitional foundations of entrepreneurship have been compared in relation to their effects on students. They are: (1) “Idea and Artefact-Creation Pedagogy” (IACP), grounded in opportunity identification and creation, (2) “Value-Creation Pedagogy” (VaCP), grounded in value creation and (3) “Venture-Creation Pedagogy” (VeCP), grounded in organisation creation.Design/methodology/approachData were collected at 35 different sites where education was deemed to be entrepreneurial and experiential. A quantitative, smartphone app-based data collection method was used alongside a qualitative interview approach. 10,953 short-survey responses were received from 1,048 participants. Responses were used to inform respondent selection and discussion topics, in 291 student and teacher interviews. Comparative analysis was then conducted.FindingsThe three approaches resulted in very different outcomes, both in magnitude and in kind. VaCP had strong effects on entrepreneurial competencies, on student motivation and on knowledge and skills acquisition. VeCP had weaker effects on knowledge and skills acquisition. IACP had weak effects on all outcomes probed for. Differences were attributed to variation in prevalence of certain emotional learning events and to variation in purpose as perceived by students.Research limitations/implicationsVaCP could serve as an escape from the potential dilemma faced by many teachers in entrepreneurial education, of being caught between two limiting courses of action; a marginal VeCP approach and a fuzzy IACP one. This could prompt policymakers to reconsider established policies. However, further research in other contexts is needed, to corroborate the extent of differences between these three approaches.Originality/valueMost impact studies in experiential entrepreneurial education focus only on organisation-creation-based education. This study contributes by investigating entrepreneurial education that is also grounded in two other definitional foundations. Allowance has been made for novel comparative conclusions.

scholarly journals Is a bit more experience bad? The role of entrepreneurial experience on investment rate

2019 ◽  
Vol 25 (6) ◽  
pp. 1166-1187 ◽  
Author(s):  
Bach Nguyen
Keyword(s):  
Small Businesses ◽  
Content Type ◽  
Investment Projects ◽  
Entrepreneurial Experience ◽  
Start Up ◽  
Novice Entrepreneurs ◽  
New Perspective ◽  
General Method Of Moments ◽  
General Method

Purpose This study investigates the influence of entrepreneurial experience on small business investment. The purpose of this paper is to examine whether entrepreneurs with more prior start-up experience are better able to identify business opportunities and successfully transform these opportunities into investment projects. Design/methodology/approach The empirical setting in this study is Vietnam. The authors employ a panel data of small businesses (mostly households) from 2005 to 2013, and use a fixed effect method to estimate the regression coefficients. The results are also re-checked using the general method of moments and matching technique. Findings Empirically, it is found that entrepreneurial experience is an important determinant of investment decisions. Specifically, entrepreneurs with one start-up experience make more investments than novice entrepreneurs. However, entrepreneurs with more than one start-up experience do not make more investments than entrepreneurs with one start-up experience. Research limitations/implications This is country-specific research. Further study may employ data from multi-countries to re-test the validity of the hypotheses. Originality/value This study provides a new perspective for analysing the role of entrepreneurial experience on entrepreneurial investments. It shows that prior start-up experience may turn out to be a liability to entrepreneurs since it restricts their ability to identify new opportunities.

The influence of technology on entrepreneurial self-efficacy development for online business start-up in developing nations

2019 ◽  
Vol 21 (3) ◽  
pp. 168-177 ◽  
Author(s):  
Thea van der Westhuizen ◽  
Marialauda Joel Goyayi
Keyword(s):  
Self Efficacy ◽  
Action Learning ◽  
Opportunity Identification ◽  
Self Confidence ◽  
Start Up ◽  
Before And After ◽  
Online Business ◽  
Impact Of Technology ◽  
Entrepreneurial Activities ◽  
The Impact

Business start-ups are usually volatile and risky. They require rapid response and adaptability, calling for entrepreneurial self-confidence among young entrepreneurs. As there is a presumption that technology can alleviate these challenges, this study assessed transformation in entrepreneurial self-efficacy (ESE) among young South Africans in relation to an online business start-up. The article’s contribution centres on the advancement of knowledge on youth entrepreneurship development by understanding/exploring the impact of technology in boosting entrepreneurial confidence and thus stimulating entrepreneurial activities. Using an action learning approach, a business tech start-up process was simulated with a group of 109 randomly recruited participants. Their ESE moving through the start-up cycle was captured and analysed. Likert-scale data were collected on their perceptions before and after the simulation in relation to tolerance self-efficacy, relationship self-efficacy, managerial self-efficacy and opportunity identification self-efficacy. Findings showed significant change in ESE for business start-up after exposure to the potentials and opportunities of technology-related businesses. Participants showed increased confidence and enthusiasm on prospects of success in establishing tech businesses. Effect on the development of ESE was also more pronounced in male participants than female participants.

Missing the Forest for the Trees: Prior Entrepreneurial Experience, Role Identity, and Entrepreneurial Creativity

2020 ◽  
pp. 104225872095229
Author(s):  
Siran Zhan ◽  
Marilyn A. Uy ◽  
Ying-yi Hong
Keyword(s):  
Role Identity ◽  
Lab Experiment ◽  
Entrepreneurial Experience ◽  
Novice Entrepreneurs

Extant research has portrayed the effect of prior entrepreneurial experience as one that manifests uniformly across contexts. Drawing on the person-by-situation perspective, we elaborated how prior entrepreneurial experience could manifest differentially across contexts. Results from our lab experiment indicated that prior entrepreneurial experience brought an advantage in avoiding being overly “captivated” by a situationally salient role identity and missing the main goal of developing something that is both novel and commercially viable. Our research also examined the “role identity advantage” by demonstrating that compared to novice entrepreneurs, experienced entrepreneurs can better manage tensions between their chronic and situationally salient identities.

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