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 ◽  
...  
2021 ◽  
Vol 21 (3) ◽  
pp. 1479-1493
Author(s):  
Nor Hafiza Othman ◽  
Norasmah Othman

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.


2021 ◽  
Vol 4 (1) ◽  
pp. 1-8
Author(s):  
Olviane Olke Sumampouw

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.


Author(s):  
Susana Correia Santos ◽  
Luís Curral ◽  
António Caetano

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.


2019 ◽  
Vol 16 (11) ◽  
pp. 4676-4683
Author(s):  
Boonsri Suteerachai ◽  
Pornkul Suksod ◽  
Sudawan Somjai

Aim of the study: The aim of this paper was to analyze the impact of cognitive entrepreneurial training and education and their impact on business opportunity recognition in Thailand with the moderating role of entrepreneurial passion. This study has four main objectives such as to study the impact of cognitive entrepreneurial training on business opportunity recognition accuracy, to study the impact of entrepreneurial education on business opportunity recognition accuracy, to analyze the role of entrepreneurial passion between cognitive entrepreneurial training and business opportunity recognition accuracy and to analyze the role of entrepreneurial passion between entrepreneurial education and business opportunity recognition accuracy. In the era of rapid development and growth, entrepreneurial education is extremely vital for students. Entrepreneurial passion as well as play an important role in recognizing business opportunities. The process of experiential education facilitates potential business-persons to learn how to identify business opportunities, through developing and building their framework of (Cognitive Opportunity Identification), and through improving their entrepreneurship skills through entrepreneurial learning and education. Methods: Quantitative method and cross sectional time horizon have been used by the researcher in this paper. The researcher gathered data from Thai students. Findings: The study findings suggest that hypothesis 1, 2, 3 and 4, all are accepted. Implications: The programs of entrepreneurial education should provide theoretical understandings to students, facilitating them to make better sense of their pertinent experiences and to transmute them into understanding and knowledge.


2019 ◽  
Vol 16 (11) ◽  
pp. 4646-4652
Author(s):  
Sudawan Somjai ◽  
Duangsamorn Rungsawanpho ◽  
Sittichai Thammasane

This research emphasizes on mobilizing the business opportunity identification when the level of entrepreneurial education rises in Thailand. The study also focuses on the mediating impact of entrepreneurial self-efficacy and entrepreneurial orientation on the connection between EE and business opportunity identification. The current research is quantitative in nature and data was gathered by self-administrated questionnaire survey. Data of the research was collected from 318 respondents and examined through SPSS software by means of regression analysis. The regression analyses showed that a high level of the EE also leads to greater business opportunity recognition. This study outcomes also demonstrated that self-efficacy and orientation fully mediates the link among both the variables. Entrepreneurial self-efficacy performs as an individual resource that assists entrepreneurs to get high level of entrepreneurial education and business opportunity identification.


2012 ◽  
Vol 17 (02) ◽  
pp. 1250011 ◽  
Author(s):  
JEFFREY A. ROBINSON ◽  
RICHARD N. HAYES

We argue that inner-city markets pose a challenge for business managers and entrepreneurs because many do not understand how to address significant social and institutional factors that exist in these markets. These factors around inner-city business opportunities may lead entrepreneurs with limited knowledge and experience in these markets to overlook or undervalue viable business opportunities. We propose that the combination of entrepreneurs' inner-city experience and social and institutional factors around business opportunities will explain patterns of opportunity recognition. This paper describes a study of 146 subjects that experimentally tests this hypothesis along two dimensions: the evaluation of business opportunity and the entry decision.


2015 ◽  
Vol 21 (4) ◽  
pp. 510-538 ◽  
Author(s):  
Susana Correia Santos ◽  
António Caetano ◽  
Robert Baron ◽  
Luís Curral

Purpose – The purpose of this paper is to obtain evidence concerning the basic dimensions included in cognitive prototypes pertaining to opportunity recognition and decision to launch a new venture; identifying the underlying dimensions of both prototypes – the cognitive frameworks current or nascent entrepreneurs employ in performing these important tasks. Design/methodology/approach – The bi-dimensional models were tested in a sample of 284 founder entrepreneurs, using a 48-item questionnaire. It was used as structural equation confirmatory factor analysis to compare fit indices of uni-dimensional second-order and third-order bi-dimensional models of business opportunity and decision to launch a venture. Findings – Results support the bi-dimensional models and offer support that both prototypes include two basic dimensions. For the business opportunity prototype these are viability and distinctiveness while for the decision to launch a new venture, the basic dimensions are feasibility and motivational aspects. Research limitations/implications – These results help to further clarify the nature of the cognitive frameworks individuals use to identify potential opportunities and reach an initial decision about whether to pursue their development. Uncovering the cognitive functioning of opportunity recognition and decision to exploit it, allow individuals to recognize opportunities easier and successfully; and to make more accurate and effective decisions. Practical implications – Knowing the basic dimensions of opportunity and decision-making prototypes contributes to develop effective skills with respect to business opportunity recognition among students enrolled in entrepreneurship programs. These surveys can be used for self-assessment and also for investors, tutors, and entrepreneurship agents in order to help evaluate features of business opportunities and decision to launch a venture. Originality/value – This study embraces a conceptual contribution, proposing a different model of the business opportunity and decision to exploit prototypes, and it extends Baron and Ensley (2006) previous work, to another important step in the entrepreneurial process – the decision to develop an identified opportunity through the launch of a new venture.


2007 ◽  
Vol 28 (4) ◽  
pp. 179-187 ◽  
Author(s):  
Andrew J. Cooper ◽  
Adam M. Perkins ◽  
Philip J. Corr

Abstract. Recent revisions to the reinforcement sensitivity theory (RST) of personality have highlighted the distinction between the emotions of fear and anxiety. These revisions have substantial implications for self-report measurement; in particular, they raise the question of whether separate traits of fear and anxiety exist and, if so, their interrelationship. To address this question, the current study used confirmatory factor analytic procedures to examine the convergent and discriminant validity of measures of trait anxiety, fear, and the behavioral inhibition system (BIS). We also examined measurement and structural invariance across gender in 167 males and 173 females who completed the Spielberger State-Trait Anxiety Inventory (STAI), the Carver and White BIS Scale, and the Fear Survey Schedule (FSS). The findings suggested that trait anxiety and the BIS scale are relatively distinct from Tissue Damage Fear (FSS). Further, the final model showed measurement and structural invariance across gender. The implications of the results for future self-report assessment in RST research are discussed.


1996 ◽  
Author(s):  
Bruce N. Cuthbert ◽  
Margaret M. Bradley ◽  
Peter J. Lang

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