scholarly journals This is how we take risk: a case of a South-Asia

2014 ◽  
Vol 11 (2) ◽  
pp. 289-299
Author(s):  
Helan Ramya Gamage
Keyword(s):  
Decision Making ◽  
South Asia ◽  
Risk Taking ◽  
The Self ◽  
Sri Lankan ◽  
Economic Complexity ◽  
Entrepreneurial Activities ◽  
High Uncertainty ◽  
Case Study Methods

Risk taking is fundamental to entrepreneurial activities and a central theme of the entrepreneurship literature. However, research on the risk taking propensity of entrepreneurs has met with virtually no empirical evidence on how socio-cultural factors influence on taking entrepreneurial risk in the context of South Asia where entrepreneurs consistently face challenges of high uncertainty due to socio-cultural and politico-economic complexity and instability. Purpose of this paper is to address this paradox by examining entrepreneurial risk through the lenses of socio-cultural, politico-economic and decision making. Given the self-evident that nature of complexity, irrationality and uncertainty in this context, a sophisticated exploration of entrepreneurial social reality of risk taking and management requires the fundamental philosophy of subjectivism and therefore this study adopts qualitative inductive case study methods in a sample of Sri Lankan entrepreneurs. The study found that entrepreneurs do indeed use their social and cultural understanding to a great extent in their decision making.

scholarly journals Idiosyncrasies of taking risk: A case of a South-Asian context

2014 ◽  
Vol 11 (3) ◽  
pp. 231-241
Author(s):  
Helan Ramya Gamage ◽  
Ananda Wickramasinghe
Keyword(s):  
Decision Making ◽  
South Asian ◽  
Risk Taking ◽  
Sri Lankan ◽  
Economic Complexity ◽  
Asian Context ◽  
Entrepreneurial Activities ◽  
High Uncertainty ◽  
Case Study Methods

Risk taking is fundamental to entrepreneurial activities and a central theme of the entrepreneurship literature. However, research on the risk taking propensity of entrepreneurs has met with virtually no empirical evidence on how socio-cultural factors influence on taking entrepreneurial risk in the context of South Asia where entrepreneurs consistently face challenges of high uncertainty due to socio-cultural and politico-economic complexity and instability. Purpose of this paper is to address this paradox by examining entrepreneurial risk through the lenses of socio-cultural, politico-economic and decision making. Given the self-evident that nature of complexity, irrationality and uncertainty in this context, a sophisticated exploration of entrepreneurial social reality of risk taking and management requires the fundamental philosophy of subjectivism and therefore this study adopts qualitative inductive case study methods in a sample of Sri Lankan entrepreneurs. The study found that entrepreneurs do indeed use their social and cultural understanding to a great extent in their decision making.

Autonomy and Decision-making Ability among Gujjar Women of Kashmir: A Study of Khan Sahib Tehsil in District Budgam

2021 ◽  
Vol 28 (1) ◽  
pp. 90-103
Author(s):  
Wasia Hamid ◽  
Tanveer Ahmad Khan ◽  
Mohmad Saleem Jahangir
Keyword(s):  
Decision Making ◽  
Employment Status ◽  
Sampling Technique ◽  
Decision Making Process ◽  
Kashmir Valley ◽  
Tribal Women ◽  
Size Type ◽  
Women In Decision Making ◽  
Case Study Methods

The present study investigates the level of empowerment among tribal women in terms of their participation in the decision-making process and to identify the factors that affect their level of participation. Fifty women from the Gujjar community of Kashmir Valley were selected through a purposive sampling technique. The interview and case study methods were employed for collecting data from the potential participants. The study revealed that tribal women’s right to make decisions was confined to minor household issues only. A significant positive correlation was also noted between family size, type of family, age, level of education, employment status and participation of the tribal women in decision-making.

scholarly journals Farmer led gross root level entrepreneurial initiatives for sustainable sugarcane production system in Tamil Nadu, India

2016 ◽  
Vol 8 (4) ◽  
pp. 2249-2255 ◽  
Author(s):  
C. Karpagam ◽  
D. Puthira Prathap ◽  
P. Moovendan
Keyword(s):  
Tamil Nadu ◽  
Group Discussions ◽  
Major Objective ◽  
Total Cost ◽  
Net Profit ◽  
Socio Economic Impact ◽  
Entrepreneurial Activities ◽  
Two Wheeler ◽  
Case Study Methods

The major objective of the study was to explore the rural entrepreneurial initiatives and its socio- economic impact among the sugarcane farmers across Tamil Nadu. Exploratory surveys, Focused Group Discussions (FDGs) and case study methods have been adopted. A total of seven successful entrepreneurial activities initiated by cane farmers, across different districts of Tamil Nadu were selected, purposively. The study revealed that entrepreneurial initiatives accomplished the needs of farmers and these either were developed by farmers themselves or with collaboration of sugar factories. Among seven entrepreneurial initiatives; ‘two wheeler sprayer’, ‘tractor mounted sprayer’, ‘trichogramma production’ and ‘Agricultural Service Provider (ASP)’ were initiated by the sugar factories under the Entrepreneurship Development Programme (EDP) in participatory mode. The other initiatives viz., organic jaggery powder and trash based vermi-compost production were initiated by farmers themselves. Budchip settling production was practiced by individual farmers as well as promoted by factories in participatory mode. It is also found that all seven entrepreneurial initiatives are profitable and sustainable. Further, the study found that the production cost for 1 cc trichogramma is Rs. 16 and selling cost is Rs. 23/cc, thus farmer getting a net profit of Rs. 7/cc of Trico card. In case of budchip settling production, total cost incurred for production of one settling is around 60-85 paisa. Selling cost of one-month old settling is Rs. 1.25. Thus, a farmer gains a net profit of 40 paisa per settling.

scholarly journals Decision making abilities of the SHG members in relation to entrepreneurial activities in Saurashtra region of Gujarat

2020 ◽  
Vol 15 (4) ◽  
pp. 308-310
Author(s):  
Nidhi ◽  
Pushpa Kumawat ◽  
Diksha Sharma
Keyword(s):  
Decision Making ◽  
Homogeneous Group ◽  
The Self ◽  
Social Activities ◽  
Women's Groups ◽  
Self Help ◽  
Self Selection ◽  
Entrepreneurial Activities ◽  
Children Education ◽  
Self Help Group

The self help group (SHG) is generally an economically homogeneous group formed through a process of self-selection based upon the affinity of its members. Most of the SHGs are women’s groups with membership ranging between 10 and 20. The result indicated that SHG women members had highest decision score (5.14) in the area of planning for children education followed by participation in social activities (4.92 score) etc.

Uncovering Family Treatment Decision-Making Processes: The Value and Application of Case Study Methods to Family Research

2021 ◽  
pp. 107484072098722
Author(s):  
Ginny L. Schulz ◽  
Katherine Patterson Kelly ◽  
Jane Armer ◽  
Lawrence Ganong
Keyword(s):  
Decision Making ◽  
Treatment Decision ◽  
Family Processes ◽  
Study Methods ◽  
Treatment Decision Making ◽  
Data Collection And Analysis ◽  
Development Data ◽  
Decision Making Processes ◽  
Case Study Methods

Research on how and why family processes influence phenomena is essential to advancing many areas of science. Case study methods offer an approach that overcomes some of the sampling and analysis obstacles researchers face when studying families. This article aims to illustrate the benefits of case study methods for studying complex family processes using an example from treatment decision-making in sickle cell disease. Using survey, observation, and interview data from various family members within multiple family units, we detail our application of the following analytic strategies: (a) proposition-building, (b) pattern-matching, and (c) cross-case synthesis. Incorporating propositions from a conceptual framework assisted us in study development, data collection, and analysis. Development of graphs and matrices to create thematic family profiles uncovered how and why treatment decision-making occurred as a family process in a pediatric chronic illness. Case study methods are an established, but innovative approach to investigating various phenomena in families.

scholarly journals Strategic, Tactical and Operational Decisions in Family Businesses: A Qualitative Case Study

2020 ◽  
Author(s):  
Ravindra Kuruppuge ◽  
Ales Gregar
Keyword(s):  
Decision Making ◽  
Family Firms ◽  
Qualitative Case Study ◽  
Family Members ◽  
Family Businesses ◽  
Decision Making Process ◽  
Risk Averse ◽  
Business Decisions ◽  
Case Study Methods

Previous studies of family businesses have no common agreement on what should be the most effective and efficient approach for making decisions at different managerial levels to solve business issues. Accordingly, the main objective of this study was to understand the nature of decision-making by family members who are involved in a business in different capacities such as owners, owner managers, and managers. Locating the research in the interpretivist paradigm, and utilizing qualitative case study methods (Yin, 1994), we interviewed 24 respondents from 12 well-known family firms from different districts in Sri Lanka. Thematic analysis indicated that the consultative approach is mostly used by family members in operational, functional, and top level management decisions. Yet, family members’ decisions in the business as owners, owner-managers, and managers have not shown a common decision-making process. Owner-managers’ roles in the business decisions are highlighted as they make rational, risk averse, and deliberate business decisions which would assist to run the business. In comparison, owners and managers have followed the consultative decision-making approach to shape business decisions in line with family requirements.

Entrepreneurship Education

2018 ◽  
pp. 526-540
Author(s):  
Mukta Mani
Keyword(s):  
Decision Making ◽  
Empirical Study ◽  
Communication Skills ◽  
Risk Taking ◽  
Entrepreneurship Education ◽  
Business Plan ◽  
Statistical Tools ◽  
Intrinsic Factors ◽  
Engineering Discipline ◽  
Entrepreneurial Activities

Entrepreneurship education is believed to provide students with understanding of concepts of entrepreneurship, train and motivate them to indulge into entrepreneurial activities in future. This is an empirical study to explore the entrepreneurship education in engineering discipline from the perspective of students. The study also attempts to unearth the factors that motivate them to take entrepreneurial activities and their perceived hurdles. Data about the opinion of students regarding entrepreneurship education has been collected from 168 students. The data has been analyzed using various statistical tools. It is found that the students are highly interested in starting their own business. They consider that decision making skills, risk taking capacity, creativity, communication skills and ability to prepare business plan are the most important skills for a successful entrepreneur. They feel motivated to start their own business because of intrinsic factors like being their own boss, chasing their dreams. Lack of experience and lack of funds are the most deterring factors.

Criterion-Related Validity of the Responsibility Scale of the California Psychological Inventory

1993 ◽  
Vol 73 (1) ◽  
pp. 315-320
Author(s):  
Brendan S. Weekes
Keyword(s):  
Decision Making ◽  
Risk Taking ◽  
The Self ◽  
California Psychological Inventory ◽  
Risky Decision ◽  
Additional Information ◽  
Reduce Risk ◽  
The Relationship ◽  
Psychological Inventory ◽  
Responsibility Scale

A study was performed to assess the predictive validity of the Responsibility scale of the California Psychological Inventory by examining the relationship between standard scores and decision-making behaviour under varying conditions of risk. Subjects were required to make risky decisions on three different tasks, one where there was an opportunity to seek additional information to reduce risk for self, one where there was no opportunity to seek information for self, and one where a risky decision was made on behalf of another person. Responsibility scores correlated significantly with decision-making behaviour but only on tasks measuring risk-taking for the self.

Entrepreneurship Education

2015 ◽  
Vol 5 (1) ◽  
pp. 1-14 ◽  
Author(s):  
Mukta Mani
Keyword(s):  
Decision Making ◽  
Empirical Study ◽  
Communication Skills ◽  
Risk Taking ◽  
Entrepreneurship Education ◽  
Business Plan ◽  
Statistical Tools ◽  
Intrinsic Factors ◽  
Engineering Discipline ◽  
Entrepreneurial Activities

Entrepreneurship education is believed to provide students with understanding of concepts of entrepreneurship, train and motivate them to indulge into entrepreneurial activities in future. This is an empirical study to explore the entrepreneurship education in engineering discipline from the perspective of students. The study also attempts to unearth the factors that motivate them to take entrepreneurial activities and their perceived hurdles. Data about the opinion of students regarding entrepreneurship education has been collected from 168 students. The data has been analyzed using various statistical tools. It is found that the students are highly interested in starting their own business. They consider that decision making skills, risk taking capacity, creativity, communication skills and ability to prepare business plan are the most important skills for a successful entrepreneur. They feel motivated to start their own business because of intrinsic factors like being their own boss, chasing their dreams. Lack of experience and lack of funds are the most deterring factors.

scholarly journals Of States and Monsters: Negotiating the Self and the Other in Early Indian States

2020 ◽  
Author(s):  
Sagnik Bhattacharya
Keyword(s):  
South Asia ◽  
The Self ◽  
The Other ◽  
Indian States ◽  
Ancient India ◽  
Precise Theory ◽  
Ancient Texts

It is a well-known principle in philosophy that to define the self, cultures have traditionally relied on defining their other. However, defining the ‘self’ and the ‘other’ in a complex ethno-linguistic milieu such as South Asia has traditionally not been very easy. Earlier research by Romila Thapar (1971) and Aloka Parasher-Sen (1978) have demonstrated how a variety of ancient texts have used the category of mleccha in Sanskrit or malikkha in Pali to refer to the ‘other’ as recognized vis-a-vis the ‘Hindu’ self. However, not only do Thapar and Parasher-Sen both highlight the inconsistencies in the use of the term, they also fail at locating a precise theory of ‘othering’ employed in ancient India. This paper, uses a variety of Sanskrit sources in formulating a ‘theory of othering’ that can be effectively demonstrated to have been operative as evident from the Mahabharata and in Mauryan India. Finally, it also offers insights into the nature of inclusion operative in this paradigm of othering and explains this using the case study of Bhima’s marriage to Hidimba in the Mahabharata.

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