New business formation through the Enterprise Development Center: a model for new venture creation

1988 ◽  
Vol 35 (4) ◽  
pp. 221-231 ◽  
Author(s):  
R.D. Hisrich
Author(s):  
AHMAD FIRDAUSE MD FADZIL ◽  
MOHD RAFI YAACOB ◽  
RAZLI CHE RAZAK ◽  
NORAANI MUSTAPHA

Kajian berkenaan ciri-ciri usahawan sebagai salah satu komponen utama yang menyumbang kepada bidang keusahawanan telah hangat diketengahkan oleh penyelidik lepas terutamanya bagi proses penciptaan perniagaan baharu. Usahawan memiliki kualiti berbeza dibandingkan dengan mereka yang lain. Oleh itu, timbul beberapa pendekatan kearah melihat kepada psikologi usahawan seperti personaliti dan motivasi sebagai pemacu kepada proses penciptaan perniagaan baharu. Namun kajian lepas bersandarkan konteks usahawan perniagaan e-dagang masih kurang diperdebatkan walaupun telah menyumbang sebahagian besar kepada bidang keusahawanan kini terutama kepada penciptaan nilai ekonomi kepada sesebuah negara. Matlamat kajian ini adalah untuk mengenalpasti bagaimanakah personaliti dan motivasi usahawan telah menyumbang kepada penciptaan perniagaan baharu e-dagang di Malaysia. Dengan pendekatan kajian kes munggunakan kaedah pengumpulan data secara kualitatif terdapat sembilan usahawan yang ditemubual bermula pada bulan Mei 2013 sehingga April 2014. Hasil dapatan ini telah mengenal pasti ciri-ciri personaliti adalah berdasarkan kreativiti, kesediaan bagi menanggung risiko, berpandangan kehadapan, keinginan kebebasan, toleransi terhadap kekaburan dan elemen motivasi seperti keinginan untuk berjaya telah mendokong kuat kepada justifi kasi proses penciptaan perniagaan baharu e-dagang di Malaysia. Oleh itu, peranan kerajaan bagi mengalakkan aktiviti keusahawanan perlu menerapkan beberapa elemen ini agar dapat meningkatkan nilai pembangunan ekonomi negara melalui kemunculan perniagaan baharu kelak.   Study on the characteristics of an entrepreneur as one of the key components that contribute to the fi eld of entrepreneurship particularly for new venture creation has been highlighted by many previous researchers. Entrepreneurs are seen to have quality characteristics compared to those of other non-entrepreneurs. Thus, the emergence of a number of approaches that look to an entrepreneur such as psychology perspectives: personality, and motivation has produced an entrepreneur who creates a new business. However, studies on the online entrepreneurs are less debatable even they contributed a large part of entrepreneurship is particularly creating to the economy value of a country. The aim of this study is to identify how the characteristics of the personality and motivation have contributed to the new venture creation by online entrepreneurs in Malaysia. By using qualitative research approach based on the method of collection data through interviews nine successful online entrepreneurs at May 2013 till April 2014 have identifi ed some of the characteristics of entrepreneurs as a component contributing to the new venture creation. The findings of this study have been found personality characteristics such creativity, risk taking, vision, freedom, tolerance of ambiguity and element of motivation; need for achievement have vigorously to contributing of new venture creation by online entrepreneurs in Malaysia. Government’s role is to encourage entrepreneurial activity in order to create new business opportunities in the country to apply the elements in order to enhance the economic development of the country.


1978 ◽  
Vol 3 (1) ◽  
pp. 5-17 ◽  
Author(s):  
Jeffry A. Timmons

In the past decade interest in teaching and research on entrepreneurship has grown dramatically. More than one hundred universities now offer new venture creation and entrepreneurship courses that did not previously. Since 1973 we have seen nearly a dozen new books designed for college courses on the subject, the birth of the American Journal of Small Business, an International Symposium on Entrepreneurship and Enterprise Development (ISEED) and the emergence of numerous other activities, such as the Academy of Management Entrepreneurship Interest Group. A continuing area of research and practical interest is the personality and make-up of the entrepreneur: who are they? what are they like? how do they differ? This article attempts to summarize much of the research done on the personal characteristics and role demands of entrepreneurship.


1992 ◽  
Vol 17 (1) ◽  
pp. 49-55 ◽  
Author(s):  
Lanny Herron ◽  
Harry J. Sapienza

Much of the previous research attempting to relate traits of the entrepreneur to new venture creation has failed to demonstrate a definitive linkage. This failure should not impugn the importance of the individual as the most cogent unit of analysis In entrepreneurship research and theory. On the contrary, since most new organizations are Initiated and created by individuals operating alone or in small teams, it should motivate new ways of modeling and testing the human phenomena involved In venture creation. Accordingly, this paper presents a structural model of the initiation of new venture creation which links psychological and behavioral concepts with those of organization theory to explain the initiation of launch activities for new business enterprises.


Author(s):  
Ilham Hassan Fathelrahman Mansour

This empirical study aims at assessing the attitudes, perception and intention of university students towards entrepreneurship and new venture creation with a focus on gender differences in entrepreneurial perceptions and intentions to start new business in the future. Data were collected using a questionnaire-based survey of 350 students at the University of Khartoum in Sudan. The target population was the students in the final year in the University of Khartoum. The stratified sampling technique was used to select the sample size because the population consisted of a number of subgroups that differed in their characteristics. The results showed significant differences between genders in entrepreneurial intentions and its antecedents. Thus, it is important that customized approaches based on gender are needed for developing entrepreneurial intentions among college students.


2017 ◽  
Vol 29 (9-10) ◽  
pp. 912-944 ◽  
Author(s):  
Galina Shirokova ◽  
Oleksiy Osiyevskyy ◽  
Michael H. Morris ◽  
Karina Bogatyreva

2022 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Muhammad Hamdi ◽  
Nurul Indarti ◽  
Hardo Firmana Given Grace Manik ◽  
Andy Susilo Lukito-Budi

Purpose This study aims to examine the effect of entrepreneurial intention and attitude towards knowledge sharing on new business creation by comparing two generations, Y generation (millennials) and Z generation (post-millennial). In addition, the current study uses a social cognitive theory as a point of departure to test the research hypotheses. Design/methodology/approach This study deploys a quantitative approach (hypothetic-deductive approach) by surveying 300 respondents representing the two Indonesian generations. The questionnaire consisting of demographic items (age, education, etc.) and variables was the primary research instrument. This study used regression analysis, a Wald test for examining the proposed hypotheses and a t-test to provide a deeper analysis of the findings. Findings Findings from the current study show that Gen Y is still seeking a balance for their learning sources by involving in their social environments as well as exploring the digital world. In contrast, Gen Z is much more dominant in the independence to learn things that interest them. They have less dependency on social patrons but prioritise themselves as the leading model. Practical implications The findings of this study provide practical implications for higher education institutions in the development of entrepreneurship education to achieve learning effectiveness. Originality/value This study aims to contribute by providing empirical evidence in the effect of entrepreneurial orientation and attitude towards knowledge sharing on new venture creation with particular reference to Gen Y and Gen Z, suggested by previous studies. Although Gen Y and Gen Z are digital natives, this study provides insight into a shift in the characteristic of two generations, as also found in comparison to previous generations, such as Baby-Boomer vs Gen X and Gen X vs Gen Y. This study proclaims the need to adjust organisational theories to enable them to explain the shifting phenomena at the micro and macro level for every generation. Exploratory research to better understand the characteristics of a generation in other settings is a crucial proposal proposed by this study.


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