دورية أكاديمية

Opportunity Recognition Process of Indian Entrepreneurs: The Role of Social Capital and Risk Perception.

التفاصيل البيبلوغرافية
العنوان: Opportunity Recognition Process of Indian Entrepreneurs: The Role of Social Capital and Risk Perception.
المؤلفون: Nigama, K., Jawahar, P. David
المصدر: IUP Journal of Entrepreneurship Development; Dec2011, Vol. 8 Issue 4, p48-78, 31p, 2 Diagrams, 2 Charts
مصطلحات موضوعية: ENTREPRENEURSHIP, INFRASTRUCTURE (Economics), RISK perception, SMALL business, INFORMATION technology
مصطلحات جغرافية: INDIA
مستخلص: Opportunity recognition is of central importance in the field of entrepreneurship. Entrepreneurs bump into countless decision-making situations, be it in the process of creating new ventures or day-to-day business situations in existing business. Although there have been research attempts to understand how entrepreneurs recognize opportunities amidst such myriad choices, there is no single answer yet. This study considers the influence of entrepreneur's social capital and his perception of risk in the opportunity recognition process. We find very little literature that propose research results on the influence of social capital in opportunity recognition process. In this paper, the researchers have taken efforts to analyze all the sub-processes of opportunity recognition. The research was conducted with 117 entrepreneurs of micro, small and medium enterprises from Information Technology and Information Technology Enabled Services (IT and ITES) Industry. The questionnaire used was adopted from a well-researched inventory but modified to suit Indian environment and the objectives of the study. PLS method was employed to analyze the data and interpret the results. The research revealed that cognitive dimension of social capital is the most important factor that influences the risk perception of an entrepreneur. The study also brings out the significant impacts of structural dimension of social capital on competitive scanning, relational dimension of social capital on proactive searching, and cognitive dimension of social capital on knowledge acquisition and proactive searching. [ABSTRACT FROM AUTHOR]
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قاعدة البيانات: Complementary Index